Plan Ledger DOL Form 5500 · updated monthly

Del Monte Foods, Inc.401(k)

DEL MONTE FOODS, INC. SAVINGS PLAN · WALNUT CREEK, CA · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Del Monte Foods, Inc. reported $82,597 in plan administrative expenses for 2023: 0.08% of average plan assets, below the peer median. Employer contributions averaged $5,328 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 1 year on file its reported administrative ratio rose from 0.07% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 965th-largest of 9,483 plans among California employers on file, and the 1,845th of 13,661 in manufacturing. In 2023, employees put in $2.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$104,838,120
Participants with balances855
Active participants630
Employer contributions$3,356,800
Employee contributions$7,568,027
Employer contribution per active participant$5,328
Average account balance$122,618
Benefits paid to participants$12,674,111
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$104.8M · 855 accts · $3.4M emplr
2022$89.5M · 816 accts · $3.0M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$55,597
Audit (IQPA)$27,000
Total administrative$82,597
The Del Monte Foods, Inc. 401(k) match · 2023
Employer contribution per active participant$5,328
Median for plans this size$3,659
2023$5,328 per active participant
2022$5,036 per active participant

Del Monte Foods, Inc.'s 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$55,597
MOSS ADAMS LLP · Accounting / audit$27,000

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

Administrative cost history2
2023$82,597 · 0.08%
2022$65,637 · 0.07%
All plans at this employer2
DEL MONTE FOODS, INC. SAVINGS PLAN401(k)
DEL MONTE FOODS, INC. SAVER PLAN401(k)
Same employer
Similar plansManufacturing · California
Ampac Fine Chemicals LLC CA$105.4M · 0.21%
Fluidra North America CA$105.3M · 0.27%
Magtek CA$105.0M
Hm.Clause, Inc. CA$102.0M · 0.18%
Nagra USA, LLC CA$101.9M · 0.07%
Makita USA, Inc. CA$99.1M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 463991361 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.