Plan Ledger DOL Form 5500 · updated monthly

Evans Food Products Company401(k)

EVANS FOOD GROUP 401(K) PLAN & TRUST · CHICAGO, IL · plan year 2022

Reported admin expense ratio · 2022
0.73%

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

Evans Food Products Company reported $89,994 in plan administrative expenses for 2022: 0.73% of average plan assets, higher than ~90% of peers. Employer contributions averaged $860 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (2,211th of 3,702), and 7,990th of 13,661 in manufacturing. In 2022, employees put in $2.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,153,246
Participants with balances589
Active participants707
Employer contributions$608,262
Employee contributions$1,474,589
Employer contribution per active participant$860
Average account balance$20,634
Benefits paid to participants$2,518,636
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$12.2M · 589 accts · $608K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$89,994
Total administrative$89,994
The Evans Food Products Company 401(k) match · 2022
Employer contribution per active participant$860
Median for plans this size$2,266

Evans Food Products Company's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$89,994 · 0.73%
Similar plansManufacturing · Illinois
Berner Food & Beverage, LLC IL$12.3M · 0.83%
Manitex International Inc. IL$12.2M · 0.49%
Kksp Precision Machining IL$12.1M · 0.04%
Arway Confections, Inc. IL$12.0M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363127714 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.