Plan Ledger DOL Form 5500 · updated monthly

Devs Foods, LLC401(k)

DEVS FOODS, LLC 401(K) PLAN · EDISON, NJ · plan year 2024

Reported admin expense ratio · 2024
8.09%

Devs Foods, LLC reported $58,483 in plan administrative expenses for 2024: 8.09% of average plan assets, higher than ~90% of peers. 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 0.64% to 8.09%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New Jersey (2,251st of 2,419), and 1,793rd of 2,240 in accommodation & food services. active participation has grown from 716 to 1,018 since 2022.

Plan summary
Net assets, end of year$814,480
Participants with balances410
Active participants1,018
Employer contributions—
Employee contributions$288,181
Employer contribution per active participant—
Average account balance$1,987
Benefits paid to participants$127,069
Plan auditUnmodified (clean) audit opinion
AuditorDORFMAN ABRAMS MUSIC LLC
Plan history3
Yearassets · accounts · employer contribution
2024$814K · 410 accts
2023$632K · 622 accts
2022$360K · 790 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,483
Total administrative$58,483
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
ADP, INC. · Loan processing · Recordkeeping$58,483

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
2023ADP

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

Administrative cost history3
2024$58,483 · 8.09%
2023$60,589 · 12.21%
2022$1,565 · 0.64%
Similar plansAccommodation & Food Services · New Jersey
Jmm Industries, Inc. NJ$1.6M · 0.01%
Msk Management, LLC NJ$1.2M · 1.24%
Natc Donuts Inc NJ$703K · 0.52%
Parade Enterprises, LLC NJ$566K · 0.96%
Aj Foods, Inc. NJ$530K · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205428931 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.