Plan Ledger DOL Form 5500 · updated monthly

Fermented Food Holdings, Inc.401(k)

FFH GROUP 401(K) PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Fermented Food Holdings, Inc. reported $26,746 in plan administrative expenses for 2024: 0.43% of average plan assets, below the peer median. Employer contributions averaged $2,617 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 0.22% to 0.43%. 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 among the smaller plans on file in Florida (2,202nd of 3,644), and 10,316th of 13,661 in manufacturing. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,720,088
Participants with balances136
Active participants159
Employer contributions$416,132
Employee contributions$829,566
Employer contribution per active participant$2,617
Average account balance$49,412
Benefits paid to participants$998,976
Plan auditUnmodified (clean) audit opinion
AuditorKMA, S.C.
Plan history2
Yearassets · accounts · employer contribution
2024$6.7M · 136 accts · $416K emplr
2023$5.6M · 126 accts · $266K emplr
Administrative expenses, itemized · 2024
Investment management$16,931
Total administrative$26,746
The Fermented Food Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$2,617
Median for plans this size$1,313
2024$2,617 per active participant
2023$1,514 per active participant

Fermented Food Holdings, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee (discretionary)$9,814
PARK CAPITAL MANAGEMENT, LLC · Investment advisory (participants) · Investment advisory (plan)$16,931

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

Recordkeeper by year2
2024Alerus
2023Alerus

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Administrative cost history2
2024$26,746 · 0.43%
2023$12,505 · 0.22%
Same employer
Similar plansManufacturing · Florida
Viva 5, LLC dba Growve FL$6.9M · 0.27%
R.L. Schreiber, Inc. FL$6.7M · 0.80%
Passion Growers LLC FL$6.6M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873822060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.