Plan Ledger DOL Form 5500 · updated monthly

Flavor 1ST Growers & Packers, LLC401(k)

FLAVOR 1ST GROWERS & PACKERS, LLC 401(K) PLAN · HORSE SHOE, NC · plan year 2022

Reported admin expense ratio · 2022
0.15%

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

Flavor 1ST Growers & Packers, LLC reported $2,173 in plan administrative expenses for 2022: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $422 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in North Carolina (1,850th of 2,005), and 4,115th of 4,246 in wholesale trade. In 2022, employees put in $2.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,323,941
Participants with balances22
Active participants91
Employer contributions$38,435
Employee contributions$95,069
Employer contribution per active participant$422
Average account balance$60,179
Benefits paid to participants$70,435
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS, LLP
Administrative expenses, itemized · 2022
Professional / advisory$2,173
Total administrative$2,173
The Flavor 1ST Growers & Packers, LLC 401(k) match · 2022
Employer contribution per active participant$422
Median for plans this size$1,114

Flavor 1ST Growers & Packers, LLC's 2022 employer contribution ran below the $1,114 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 history1
2022$2,173 · 0.15%
Similar plansWholesale Trade · North Carolina
Foster Caviness Company, Inc. NC$2.1M · 1.60%
The Flowers Company, Inc. NC$1.9M · 0.06%
Business Development Equity Partners, Inc. NC$1.5M · 1.28%
Ddp Pharmacy, Inc. NC$1.3M · 2.18%
Microtech Knives, Inc. NC$1.2M · 0.90%
Simply Southern Holdings, LLC NC$981K · 1.64%

Why are you looking at this plan?

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Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 463057782 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.