Plan Ledger DOL Form 5500 · updated monthly

Creative Foods Corp.401(k)

CREATIVE FOODS CORPORATION 401(K) PROFIT SHARING PLAN · GARDEN CITY, NY · plan year 2022

Reported admin expense ratio · 2022
0.02%

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

Creative Foods Corp. reported $375 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $68 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 accommodation & food services employers. By assets it is among the smaller plans on file in New York (5,101st of 5,648), and 1,407th of 2,240 in accommodation & food services. In 2022, employees put in $3.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,144,780
Participants with balances25
Active participants287
Employer contributions$19,627
Employee contributions$74,978
Employer contribution per active participant$68
Average account balance$85,791
Benefits paid to participants$8,283
Plan auditUnmodified (clean) audit opinion
AuditorGIBGOT WILLENBACKER & CO
The Creative Foods Corp. 401(k) match · 2022
Employer contribution per active participant$68
Median for plans this size$1,114

Creative Foods Corp.'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$375 · 0.02%
Same employer
Similar plansAccommodation & Food Services · New York
Sharel Ventures, L.L.C. NY$2.2M · 0.69%
Local Union 514 NY$2.2M · 3.89%
Just Salad LLC NY$2.2M · 1.10%
Tacombi Holding NA LLC NY$2.1M · 1.24%
Lago Resort & Casino, LLC NY$2.0M · 0.58%
Big Red Shoes, LLC NY$1.8M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221893515 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.