Plan Ledger DOL Form 5500 · updated monthly

Cole's Quality Foods, Inc.401(k)

COLE'S QUALITY FOODS, INC. BARGAINING 401(K) PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Cole's Quality Foods, Inc. reported $17,138 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $855 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 3 years on file its reported administrative ratio has held roughly steady near 0.690%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (2,290th of 2,619), and 12,468th of 13,661 in manufacturing. In 2024, employees put in $3.30 for every $1.00 the employer contributed; active participation has grown from 94 to 109 since 2022.

Plan summary
Net assets, end of year$2,674,321
Participants with balances120
Active participants109
Employer contributions$93,212
Employee contributions$307,221
Employer contribution per active participant$855
Average account balance$22,286
Benefits paid to participants$236,266
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.7M · 120 accts · $93K emplr
2023$2.3M · 111 accts · $76K emplr
2022$2.0M · 106 accts · $74K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,138
Total administrative$17,138
The Cole's Quality Foods, Inc. 401(k) match · 2024
Employer contribution per active participant$855
Median for plans this size$1,313
2024$855 per active participant
2023$746 per active participant
2022$791 per active participant

Cole's Quality Foods, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$17,138

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$17,138 · 0.69%
2023$15,087 · 0.70%
2022$16,923 · 0.69%
Same employer
Similar plansManufacturing · Michigan
Honeytree Inc MI$2.8M · 0.34%
Concord Tool & Mfg, Inc. MI$2.7M · 0.03%
Im Branded MI$2.7M · 0.05%
Detroit Chassis LLC MI$2.6M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381291439 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.