Plan Ledger DOL Form 5500 · updated monthly

College Fresh, Inc.401(k)

COLLEGE FRESH RETIREMENT SAVINGS PLAN · CHAMPAIGN, IL · plan year 2024

Reported admin expense ratio · 2024
1.11%

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

College Fresh, Inc. reported $25,975 in plan administrative expenses for 2024: 1.11% of average plan assets, higher than ~75% of peers. Employer contributions averaged $602 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 1.108%. 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 Illinois (3,274th of 3,702), and 1,269th of 2,240 in accommodation & food services. In 2024, employees put in $1.81 for every $1.00 the employer contributed; active participation has grown from 300 to 351 since 2022.

Plan summary
Net assets, end of year$2,677,817
Participants with balances123
Active participants351
Employer contributions$211,243
Employee contributions$382,339
Employer contribution per active participant$602
Average account balance$21,771
Benefits paid to participants$215,956
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $94K emplr
2024$2.7M · 123 accts · $211K emplr
2023$2.0M · 108 accts · $173K emplr
2022$1.5M · 102 accts · $151K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,975
Total administrative$25,975
The College Fresh, Inc. 401(k) match · 2024
Employer contribution per active participant$602
Median for plans this size$1,313
2024$602 per active participant
2023$565 per active participant
2022$504 per active participant

College Fresh, 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.

Service providers · 20242
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping · Investment management$700
COZAD ASSET MANAGEMENT,INC. · Investment advisory (participants)indirect comp

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025Not separately reported
2024$25,975 · 1.11%
2023$20,289 · 1.14%
2022$16,975 · 1.11%
Same employer
Similar plansAccommodation & Food Services · Illinois
Maxby Hospitality, Inc. IL$3.1M · 1.04%
MD Restaurant Group Inc. IL$3.0M · 0.61%
McGraw Enterprises Inc IL$2.9M · 0.78%
Citygate Hospitality LLC IL$2.3M · 2.58%
Barracos Pizza IL$2.2M · 0.52%
Bold Enterprises, Inc. IL$2.2M · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352385042 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.