Plan Ledger DOL Form 5500 · updated monthly

Foodlink, Inc.401(k)

FOODLINK, INC. 401(K) RETIREMENT PLAN · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.84%

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

Foodlink, Inc. reported $37,185 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,466 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 3 years on file its reported administrative ratio has held roughly steady near 0.841%. 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 New York (4,499th of 5,648), and 7,985th of 11,911 in health care & social assistance. In 2024, employees put in $1.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,866,506
Participants with balances152
Active participants131
Employer contributions$323,111
Employee contributions$390,226
Employer contribution per active participant$2,466
Average account balance$32,016
Benefits paid to participants$333,820
Plan auditUnmodified (clean) audit opinion
AuditorTHE BONADIO GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 152 accts · $323K emplr
2023$4.0M · 145 accts · $287K emplr
2022$3.1M · 127 accts · $255K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,137
Investment management$12,048
Total administrative$37,185
The Foodlink, Inc. 401(k) match · 2024
Employer contribution per active participant$2,466
Median for plans this size$1,313
2024$2,466 per active participant
2023$2,144 per active participant
2022$1,824 per active participant

Foodlink, Inc.'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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$6,877
ALESCO ADVISORS LLC · Investment advisory (plan)$5,171
UBS FINANCIAL SVCS INS AGCY INCindirect comp

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$37,185 · 0.84%
2023$28,464 · 0.80%
2022$27,972 · 0.84%
Same employer
Similar plansHealth Care & Social Assistance · New York
Firsthand Health, Inc. NY$5.0M · 0.46%
Greater Opportunities NY$4.9M · 0.59%
Oswego Industries, Inc. NY$4.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222428304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.