Plan Ledger DOL Form 5500 · updated monthly

Food for Less LLC401(k)

FOOD FOR LESS LLC 401(K) PLAN · GRAND RIDGE, FL · plan year 2024

Reported admin expense ratio · 2024
4.12%

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

Food for Less LLC reported $7,412 in plan administrative expenses for 2024: 4.12% of average plan assets, higher than ~75% of peers. Employer contributions averaged $136 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 under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Florida (3,583rd of 3,644), and 4,215th of 4,246 in wholesale trade. In 2024, employees put in $4.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$179,827
Participants with balances243
Active participants253
Employer contributions$34,425
Employee contributions$153,543
Employer contribution per active participant$136
Average account balance$740
Benefits paid to participants$1,392
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,220
Investment management$1,192
Total administrative$7,412
The Food for Less LLC 401(k) match · 2024
Employer contribution per active participant$136
Median for plans this size$540

Food for Less LLC's 2024 employer contribution ran below the $540 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
MERRILL LYNCH PIERCE FENNER & · Investment advisory (plan)$1,192
RETIREMENT SOLUTIONS SPECIALISTS · Contract administrator$300

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

Administrative cost history1
2024$7,412 · 4.12%
Same employer
Similar plansWholesale Trade · Florida
Modani Holdings LLC FL$646K · 1.35%
Hudson Food Stores Inc FL$381K · 0.03%
Vology, Inc. FL$2K · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471853654 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.