Plan Ledger DOL Form 5500 · updated monthly

Food & Friends, Inc.403(b)

FOOD & FRIENDS, INC. RETIREMENT PLAN · WASHINGTON, DC · plan year 2023

Reported admin expense ratio · 2023
0.25%

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

Food & Friends, Inc. reported $19,194 in plan administrative expenses for 2023: 0.25% of average plan assets, below the peer median. Employer contributions averaged $4,112 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 2 years on file its reported administrative ratio rose from 0.22% to 0.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in District of Columbia (467th of 618), and 6,255th of 11,911 in health care & social assistance. In 2023, employees put in $1.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,461,080
Participants with balances118
Active participants58
Employer contributions$238,494
Employee contributions$286,783
Employer contribution per active participant$4,112
Average account balance$71,704
Benefits paid to participants$476,520
Plan auditUnmodified (clean) audit opinion
AuditorGELMAN ROSENBERG & FREEDMAN
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 145 accts · $276K emplr
2023$8.5M · 118 accts · $238K emplr
2022$7.0M · 131 accts · $223K emplr
Employer contributions to the Food & Friends, Inc. plan · 2023
Employer contribution per active participant$4,112
Median for plans this size$1,308
2024$4,320 per active participant
2023$4,112 per active participant
2022$3,601 per active participant

Food & Friends, Inc.'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.

Administrative cost history3
2024$23,874 · 0.29%
2023$19,194 · 0.25%
2022$17,186 · 0.22%
Similar plansHealth Care & Social Assistance · District of Columbia
Community Change DC$18.1M · 0.31%
Bread for City, Inc. DC$9.1M · 1.03%
Capital Area Food Bank DC$7.9M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521648941 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.