Plan Ledger DOL Form 5500 · updated monthly

FOOD52 Inc.401(k)

FOOD52, INC. 401(K) PLAN · NEW YORK, NY · plan year 2025

Reported admin expense ratio · 2025
0.81%

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

FOOD52 Inc. reported $58,005 in plan administrative expenses for 2025: 0.81% of average plan assets, above the peer median. Employer contributions averaged $61 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 0.29% to 0.81%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New York (3,992nd of 5,648), and the 700th of 2,240 in accommodation & food services. In 2025, employees put in $424.85 for every $1.00 the employer contributed; active participation has shrunk from 194 to 31 since 2023.

Plan summary
Net assets, end of year$7,544,670
Participants with balances241
Active participants31
Employer contributions$1,905
Employee contributions$809,339
Employer contribution per active participant$61
Average account balance$31,306
Benefits paid to participants$1,417,564
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2025$7.5M · 241 accts · $2K emplr
2024$6.7M · 251 accts
2023$6.1M · 238 accts
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$58,005
Total administrative$58,005
The FOOD52 Inc. 401(k) match · 2025
Employer contribution per active participant$61
Median for plans this size$1,464

FOOD52 Inc.'s 2025 employer contribution ran below the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
JOHN HANCOCK · Recordkeeping · Loan processing$21,435
KESTRA ADVISORY SERVICES LLC · Investment advisory (participants) · Investment advisory (plan)$33,602

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

Recordkeeper by year3
2025John Hancock
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2025$58,005 · 0.81%
2024$52,909 · 0.82%
2023$17,551 · 0.29%
Same employer
Similar plansAccommodation & Food Services · New York
Daily Harvest, Inc. NY$8.3M · 0.44%
The Cottage Corporation NY$7.7M · 0.58%
Hudson River Inn, LLC NY$7.7M · 1.01%
Ark Restaurants Corp. NY$7.6M · 0.65%
Sagl LLC NY$6.7M · 0.95%
White Management Corp. NY$6.5M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273752738 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.