Plan Ledger DOL Form 5500 · updated monthly

Flavor Producers, LLC401(k)

FLAVOR PRODUCERS, LLC 401K PLAN · VALENCIA, CA · plan year 2023

Reported admin expense ratio · 2023
0.07%

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

Flavor Producers, LLC reported $6,563 in plan administrative expenses for 2023: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,420 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 fell from 0.09% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (5,364th of 9,483), and 8,646th of 13,661 in manufacturing. In 2023, employees put in $2.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,306,590
Participants with balances220
Active participants174
Employer contributions$595,129
Employee contributions$1,289,953
Employer contribution per active participant$3,420
Average account balance$46,848
Benefits paid to participants$1,156,992
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$10.3M · 220 accts · $595K emplr
2022$8.1M · 225 accts · $630K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,563
Total administrative$6,563
The Flavor Producers, LLC 401(k) match · 2023
Employer contribution per active participant$3,420
Median for plans this size$1,308
2023$3,420 per active participant
2022$3,622 per active participant

Flavor Producers, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ADP, INC. · Loan processing · Recordkeeping$6,562
ADP BROKER-DEALERindirect comp

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$6,563 · 0.07%
2022$6,932 · 0.09%
Same employer
Similar plansManufacturing · California
Analytik Jena US LLC CA$10.4M · 0.01%
Aeye, Inc. CA$10.4M · 0.44%
True Organic Products, Inc. CA$10.3M · 0.12%
Delafield Corporation CA$10.3M · 0.63%
Aalp, LLC CA$10.3M · 0.73%
Olukai LLC CA$10.3M · 0.03%
Harbor Electronics, Inc. CA$10.2M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953670157 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.