Plan Ledger DOL Form 5500 · updated monthly

Custom Foods of America Incorporated401(k)

CUSTOM FOODS OF AMERICA INCORPORATED RETIREMENT PLAN · KNOXVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Custom Foods of America Incorporated reported $63,780 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,517 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 rose from 0.35% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 631st-largest of 1,496 plans among Tennessee employers on file, and the 365th of 2,240 in accommodation & food services. In 2024, employees put in $2.25 for every $1.00 the employer contributed; active participation has grown from 232 to 267 since 2022.

Plan summary
Net assets, end of year$16,394,775
Participants with balances232
Active participants267
Employer contributions$405,110
Employee contributions$913,506
Employer contribution per active participant$1,517
Average account balance$70,667
Benefits paid to participants$372,818
Plan auditUnmodified (clean) audit opinion
AuditorWOODALLGROUP CPAS & ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$16.4M · 232 accts · $405K emplr
2023$13.4M · 215 accts · $869K emplr
2022$10.3M · 213 accts · $391K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,636
Investment management$100
Trustee / custodial$31,044
Total administrative$63,780
The Custom Foods of America Incorporated 401(k) match · 2024
Employer contribution per active participant$1,517
Median for plans this size$2,416
2024$1,517 per active participant
2023$3,532 per active participant
2022$1,686 per active participant

Custom Foods of America Incorporated's 2024 employer contribution ran below the $2,416 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
THE TRUST COMPANY OF TENNESSEE, INC · Contract administrator · Custodial (securities)$63,780

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

Recordkeeper by year2
2024THE TRUST COMPANY OF TENNESSEE, INC
2023THE TRUST COMPANY OF TENNESSEE, INC

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

Administrative cost history3
2024$63,780 · 0.43%
2023$55,139 · 0.47%
2022$38,722 · 0.35%
Same employer
Similar plansAccommodation & Food Services · Tennessee
Cooper Realty Company TN$24.7M · 0.12%
Ruby Tuesday Operations LLC TN$23.6M · 0.74%
Copper Cellar Corporation TN$18.4M · 0.58%
Carlisle LLC TN$13.6M · 0.90%
Blackberry Farm TN$13.3M · 0.85%
Shoney's of Knoxville, Inc. TN$11.2M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 621138094 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.