Plan Ledger DOL Form 5500 · updated monthly

Deep Foods, Inc.401(k)

THE DEEP FOODS GROUP RETIREMENT PLAN · UNION, NJ · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Deep Foods, Inc. reported $71,095 in plan administrative expenses for 2024: 0.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,068 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 fell from 1.10% to 0.66%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New Jersey (1,379th of 2,419), and 2,629th of 4,246 in wholesale trade. In 2024, employees put in $2.25 for every $1.00 the employer contributed; active participation has grown from 478 to 650 since 2022.

Plan summary
Net assets, end of year$12,369,060
Participants with balances254
Active participants650
Employer contributions$694,436
Employee contributions$1,560,123
Employer contribution per active participant$1,068
Average account balance$48,697
Benefits paid to participants$288,298
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.4M · 254 accts · $694K emplr
2023$9.1M · 235 accts · $598K emplr
2022$6.3M · 196 accts · $494K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,399
Investment management$31,696
Total administrative$71,095
The Deep Foods, Inc. 401(k) match · 2024
Employer contribution per active participant$1,068
Median for plans this size$2,416
2024$1,068 per active participant
2023$1,069 per active participant
2022$1,034 per active participant

Deep Foods, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$39,398
UBS FINANCIAL SERVICES, INC. · Recordkeeping · Trustee$31,696
ADP BROKER-DEALERindirect 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
2024ADP, UBS
2023ADP, UBS

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Administrative cost history3
2024$71,095 · 0.66%
2023$81,223 · 1.05%
2022$68,597 · 1.10%
Same employer
Similar plansWholesale Trade · New Jersey
Spiral Binding LLC NJ$13.4M · 0.05%
Universal Supply Group Inc NJ$12.9M · 0.01%
Lionetti Associates LLC NJ$12.2M · 0.77%
Cream-O-Land Dairy, Inc. NJ$12.0M · 0.49%
Simco Logistics, Inc. NJ$12.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222170677 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.