Plan Ledger DOL Form 5500 · updated monthly

Red Monkey Foods, Inc.401(k)

RED MONKEY FOODS, INC. 401(K) PROFIT SHARING PLAN · SPRINGFIELD, MO · plan year 2023

Reported admin expense ratio · 2023
0.72%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Red Monkey Foods, Inc. reported $22,725 in plan administrative expenses for 2023: 0.72% of average plan assets, above the peer median. Employer contributions averaged $1,365 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.77% to 0.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Missouri (1,166th of 1,393), and 12,047th of 13,661 in manufacturing. In 2023, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,428,236
Participants with balances270
Active participants234
Employer contributions$319,446
Employee contributions$456,440
Employer contribution per active participant$1,365
Average account balance$12,697
Benefits paid to participants$704,065
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.2M · 181 accts · $285K emplr
2023$3.4M · 270 accts · $319K emplr
2022$2.9M · 270 accts · $367K emplr
Administrative expenses, itemized · 2023
Investment management$22,725
Total administrative$22,725
The Red Monkey Foods, Inc. 401(k) match · 2023
Employer contribution per active participant$1,365
Median for plans this size$1,308
2024$1,375 per active participant
2023$1,365 per active participant
2022$1,609 per active participant

Red Monkey Foods, Inc.'s 2023 employer contribution ran above the $1,308 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
CAPITAL GROUP RETIREMENT PLAN SVCS · Recordkeeping · Investment management$4,766
EDWARD JONES · Pension consulting · Investment advisory (participants)$15,358
DEFINITI, LLC · Accounting / audit · Actuarial$11,928

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$22,948 · 0.69%
2023$22,725 · 0.72%
2022$22,258 · 0.77%
Same employer
Similar plansManufacturing · Missouri
C K Enterprises, Inc. MO$3.5M · 0.07%
Able Composites LLC MO$3.4M · 1.78%
D.W. Tool, Inc. MO$3.2M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200038010 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.