Plan Ledger DOL Form 5500 · updated monthly

Commerce Quality Foods, LLC401(k)

QUALITY FOODS 401(K) PLAN · COMMERCE, GA · plan year 2022

Reported admin expense ratio · 2022
1.06%

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

Commerce Quality Foods, LLC reported $31,527 in plan administrative expenses for 2022: 1.06% of average plan assets, higher than ~75% of peers. Employer contributions averaged $355 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Georgia (1,849th of 2,160), and 3,959th of 4,246 in wholesale trade. In 2022, employees put in $2.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,776,370
Participants with balances85
Active participants203
Employer contributions$72,102
Employee contributions$183,886
Employer contribution per active participant$355
Average account balance$32,663
Benefits paid to participants$91,204
Plan auditUnmodified (clean) audit opinion
AuditorSUGGS JOHNSON LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$31,527
Total administrative$31,527
The Commerce Quality Foods, LLC 401(k) match · 2022
Employer contribution per active participant$355
Median for plans this size$1,114

Commerce Quality Foods, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$31,527 · 1.06%
Similar plansWholesale Trade · Georgia
Recteq, LLC GA$3.8M · 0.87%
Hettich America L.P. GA$3.7M · 0.80%
Premium Peanut, LLC GA$3.5M · 0.19%
Marquis Industries Inc. GA$3.4M · 0.46%
St. Ives Country Club GA$1.6M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582362341 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.