Plan Ledger DOL Form 5500 · updated monthly

Dare Foods Incorporated401(k)

DARE FOODS INCORPORATED 401(K) SAVINGS PLAN · · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

Dare Foods Incorporated reported $47,536 in plan administrative expenses for 2024: 0.77% of average plan assets, above the peer median. Employer contributions averaged $1,360 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 0.72% to 0.77%. 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 10,466th of 13,661 in manufacturing. In 2024, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,419,885
Participants with balances108
Active participants161
Employer contributions$218,999
Employee contributions$453,504
Employer contribution per active participant$1,360
Average account balance$59,443
Benefits paid to participants$1,001,328
Plan auditUnmodified (clean) audit opinion
AuditorSHANNON & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 108 accts · $219K emplr
2023$5.9M · 109 accts · $204K emplr
2022$4.9M · 104 accts · $140K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,536
Total administrative$47,536
The Dare Foods Incorporated 401(k) match · 2024
Employer contribution per active participant$1,360
Median for plans this size$1,313
2024$1,360 per active participant
2023$1,261 per active participant
2022$889 per active participant

Dare Foods Incorporated's 2024 employer contribution ran above 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$47,536
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)indirect comp
SHANNON & ASSOCIATES, LLP · Accounting / auditindirect comp

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$47,536 · 0.77%
2023$42,978 · 0.80%
2022$37,763 · 0.72%
Same employer
Similar plansManufacturing
Innovative Health, LLC AZ$6.4M · 0.30%
Iconn Systems LLC IL$6.4M · 0.07%
Seda North America Inc. WI$6.4M · 0.34%
Westlake Plastics Company PA$6.4M · 0.88%
Gtr Manufacturing, LLC MA$6.4M · 0.59%
Cap America, Inc. MO$6.4M · 1.16%
Homecare Products, Inc. WA$6.4M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980135168 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.