Plan Ledger DOL Form 5500 · updated monthly

Fresh American, LLC401(k)

FRESH AMERICAN, LLC 401(K) PROFIT SHARING PLAN AND TRUST · PITTSFIELD, MA · plan year 2022

Reported admin expense ratio · 2022
0.63%

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

Fresh American, LLC reported $44,625 in plan administrative expenses for 2022: 0.63% of average plan assets, above the peer median. Employer contributions averaged $2,103 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Massachusetts (2,169th of 2,726), and 3,397th of 4,246 in wholesale trade. In 2022, employees put in $1.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,757,307
Participants with balances227
Active participants160
Employer contributions$336,489
Employee contributions$641,647
Employer contribution per active participant$2,103
Average account balance$29,768
Benefits paid to participants$512,113
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $338K emplr
2022$6.8M · 227 accts · $336K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$24,372
Investment management$20,253
Total administrative$44,625
The Fresh American, LLC 401(k) match · 2022
Employer contribution per active participant$2,103
Median for plans this size$1,114

Fresh American, LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$44,625 · 0.63%
Same employer
Similar plansWholesale Trade · Massachusetts
Maki Corporation MA$7.7M · 0.51%
Pro-Link, Inc. MA$7.6M · 0.07%
Yankee Leisure Group MA$7.3M · 0.14%
McCue Corporation MA$6.4M · 0.68%
Mid City Steel Corp. MA$6.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452700771 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.