Plan Ledger DOL Form 5500 · updated monthly

Food Service Logistics LLC401(k)

FOOD SERVICE LOGISTICS LLC 401(K) PROFIT SHARING PLAN & TRUST · AUBURN, WA · plan year 2022

Reported admin expense ratio · 2022
0.53%

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

Food Service Logistics LLC reported $8,015 in plan administrative expenses for 2022: 0.53% of average plan assets, above the peer median. Employer contributions averaged $660 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 rose from 0.53% to 1.17%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Washington (1,604th of 1,714), and 2,036th of 2,534 in administrative & support services. In 2022, employees put in $3.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,569,917
Participants with balances232
Active participants155
Employer contributions$102,261
Employee contributions$363,190
Employer contribution per active participant$660
Average account balance$6,767
Benefits paid to participants$114,453
Plan auditUnmodified (clean) audit opinion
AuditorMIKE AVERSANO CPA, PC
Plan history2
Yearassets · accounts · employer contribution
2023$575K · 83 accts · $17K emplr
2022$1.6M · 232 accts · $102K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,515
Investment management$500
Total administrative$8,015
The Food Service Logistics LLC 401(k) match · 2022
Employer contribution per active participant$660
Median for plans this size$1,114
2023$108 per active participant
2022$660 per active participant

Food Service Logistics LLC's 2022 employer contribution ran below the $1,114 median for plans its size. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$12,503 · 1.17%
2022$8,015 · 0.53%
Similar plansAdministrative & Support Services · Washington
Msnw Group, LLC WA$1.1M · 0.55%
Pointe_Id, LLC WA$898K · 1.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383957172 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.