Plan Ledger DOL Form 5500 · updated monthly

Food Bank of the Rockies401(k)

FOOD BANK OF THE ROCKIES RETIREMENT SAVINGS PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Food Bank of the Rockies reported $26,095 in plan administrative expenses for 2024: 0.39% of average plan assets, below the peer median. Employer contributions averaged $2,561 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 0.35% to 0.39%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Colorado (904th of 1,461), and 6,643rd of 11,911 in health care & social assistance. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has grown from 177 to 227 since 2022.

Plan summary
Net assets, end of year$7,540,293
Participants with balances251
Active participants227
Employer contributions$581,292
Employee contributions$1,067,821
Employer contribution per active participant$2,561
Average account balance$30,041
Benefits paid to participants$860,376
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.5M · 251 accts · $581K emplr
2023$5.9M · 259 accts · $514K emplr
2022$4.5M · 232 accts · $381K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,095
Total administrative$26,095
The Food Bank of the Rockies 401(k) match · 2024
Employer contribution per active participant$2,561
Median for plans this size$1,313
2024$2,561 per active participant
2023$2,224 per active participant
2022$2,152 per active participant

Food Bank of the Rockies'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$26,095

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

Administrative cost history3
2024$26,095 · 0.39%
2023$18,678 · 0.36%
2022$15,490 · 0.35%
Same employer
Similar plansHealth Care & Social Assistance · Colorado
Inreach Healthcare, LLC CO$7.7M · 1.30%
Savio House CO$7.0M · 0.14%
Third Way Center, Inc. CO$6.8M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840772672 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.