Plan Ledger DOL Form 5500 · updated monthly

Forth Foods, Inc401(k)

FORTH'S FOODS, INC. 401(K) PLAN · HUNTINGTON, WV · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Forth Foods, Inc reported $64,506 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $955 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 0.38% to 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 118th-largest of 265 plans among West Virginia employers on file, and the 2,180th of 5,215 in retail trade. In 2024, employees put in $1.50 for every $1.00 the employer contributed; active participation has grown from 342 to 385 since 2022.

Plan summary
Net assets, end of year$12,705,499
Participants with balances326
Active participants385
Employer contributions$367,854
Employee contributions$551,611
Employer contribution per active participant$955
Average account balance$38,974
Benefits paid to participants$617,416
Plan auditUnmodified (clean) audit opinion
AuditorELLIS & ELLIS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.7M · 326 accts · $368K emplr
2023$11.0M · 303 accts · $337K emplr
2022$10.0M · 277 accts · $335K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,234
Investment management$36,697
Audit (IQPA)$19,500
Total administrative$64,506
The Forth Foods, Inc 401(k) match · 2024
Employer contribution per active participant$955
Median for plans this size$2,416
2024$955 per active participant
2023$914 per active participant
2022$979 per active participant

Forth Foods, Inc's 2024 employer contribution ran below the $2,416 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
ELLIS & ELLIS, PLLC · Accounting / audit$19,500
JACKSON KELLY PLLC · Contract administrator$5,837

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$64,506 · 0.54%
2023$50,130 · 0.48%
2022$41,981 · 0.38%
Same employer
Similar plansRetail Trade · West Virginia
Leslie Equipment Company WV$20.6M · 0.51%
Fruth, Inc. WV$18.5M · 0.48%
Astorg Auto of Charleston WV$17.3M · 0.47%
Go-Mart, Inc. WV$12.9M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550679166 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.