Plan Ledger DOL Form 5500 · updated monthly

Food for Thought Enterprises, In401(k)

FOOD FOR THOUGHT ENTERPRISES RETIREMENT SAVINGS PLAN · LINCOLNWOOD, IL · plan year 2022

Reported admin expense ratio · 2022
0.06%

Food for Thought Enterprises, In reported $1,185 in plan administrative expenses for 2022: 0.06% of average plan assets, lower than ~75% of peers. 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 accommodation & food services employers. By assets it is among the smaller plans on file in Illinois (3,364th of 3,702), and 1,445th of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$2,004,507
Participants with balances77
Active participants131
Employer contributions—
Employee contributions$218,386
Employer contribution per active participant—
Average account balance$26,033
Benefits paid to participants$100,934
Plan auditUnmodified (clean) audit opinion
AuditorSOMERSET CPAS PC
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$1,185 · 0.06%
Same employer
Similar plansAccommodation & Food Services · Illinois
Barracos Pizza IL$2.2M · 0.52%
Bold Enterprises, Inc. IL$2.2M · 0.87%
Patio Food Products, Inc. IL$2.2M · 1.28%
King Enterprises IL$2.2M · 0.03%
Newtel Management LLC IL$2.0M · 0.62%
Vpc Pizza Management, LLC IL$1.8M · 1.01%
Grg Holdings LLC IL$1.6M · 0.25%
Toms King Services, LLC IL$1.6M · 1.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363258503 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.