Plan Ledger DOL Form 5500 · updated monthly

Fresh Direct Holdings, Inc.401(k)

FRESH DIRECT 401(K) PLAN · BRONX, NY · plan year 2024

Reported admin expense ratio · 2024
0.92%

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

Fresh Direct Holdings, Inc. reported $406,750 in plan administrative expenses for 2024: 0.92% of average plan assets, higher than ~90% of peers. Employer contributions averaged $8,234 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 fell from 1.00% to 0.92%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 1,458th-largest of 5,648 plans among New York employers on file, and the 294th of 786 in management of companies. In 2024, the employer put in $1.05 for every $1.00 employees contributed themselves; active participation has shrunk from 533 to 347 since 2022.

Plan summary
Net assets, end of year$45,587,801
Participants with balances1,838
Active participants347
Employer contributions$2,857,219
Employee contributions$2,721,224
Employer contribution per active participant$8,234
Average account balance$24,803
Benefits paid to participants$8,333,624
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.6M · 1,838 accts · $2.9M emplr
2023$43.0M · 1,858 accts · $1.9M emplr
2022$34.7M · 2,008 accts · $6.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$327,041
Investment management$79,542
Trustee / custodial$167
Total administrative$406,750
The Fresh Direct Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$8,234
Median for plans this size$2,416
2024$8,234 per active participant
2023$3,731 per active participant
2022$12,022 per active participant

Fresh Direct Holdings, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$327,041
MORGAN STANLEY · Consulting · Investment advisory (plan)$79,542

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$406,750 · 0.92%
2023$314,745 · 0.81%
2022$380,338 · 1.00%
All plans at this employer3
FRESH DIRECT 401(K) PLAN401(k)
UTF TRUCKING BARGAINING UNIT 401K401(k)
FRESH DIRECT BARGAINING UNIT 401K PLAN401(k)
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Source: U.S. Department of Labor, Form 5500 series, EIN 113576952 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.