Plan Ledger DOL Form 5500 · updated monthly

Catie Food Systems Inc401(k)

CATIE FOOD SYSTEMS, INC. RETIREMENT PLAN · DANVILLE, VA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Catie Food Systems Inc reported $3,950 in plan administrative expenses for 2024: 0.19% of average plan assets, lower than ~75% of peers. Employer contributions averaged $189 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 0.24% to 0.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Virginia (2,065th of 2,266), and 1,381st of 2,240 in accommodation & food services. In 2024, employees put in $2.49 for every $1.00 the employer contributed; active participation has grown from 160 to 198 since 2022.

Plan summary
Net assets, end of year$2,220,808
Participants with balances265
Active participants198
Employer contributions$37,439
Employee contributions$93,358
Employer contribution per active participant$189
Average account balance$8,380
Benefits paid to participants$77,857
Plan auditUnmodified (clean) audit opinion
AuditorFOTI, FLYNN, LOWEN & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$2.2M · 265 accts · $37K emplr
2023$1.9M · 273 accts · $41K emplr
2022$1.7M · 269 accts · $44K emplr
The Catie Food Systems Inc 401(k) match · 2024
Employer contribution per active participant$189
Median for plans this size$1,313
2024$189 per active participant
2023$307 per active participant
2022$276 per active participant

Catie Food Systems Inc's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$3,950 · 0.19%
2023$5,095 · 0.28%
2022$4,165 · 0.24%
Similar plansAccommodation & Food Services · Virginia
Landmark Hotel Group, LLC VA$2.4M · 1.28%
Atlantic Coast Dining Inc VA$2.4M · 0.05%
McOffice, LLC VA$2.3M · 1.19%
Rochelle Holding Company VA$2.3M · 0.42%
Mdt, LLC VA$1.7M · 0.94%
Ncc Ee ,LLC VA$1.5M · 0.48%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 541909783 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.