Plan Ledger DOL Form 5500 · updated monthly

Fresh Express, Incorporated401(k)

FRESH EXPRESS PLANT WORKERS SAVINGS AND INVESTMENT · WINDERMERE, FL · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Fresh Express, Incorporated reported $13,651 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $315 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 0.24% to 0.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Florida (2,246th of 3,644), and 3,427th of 4,246 in wholesale trade. In 2024, employees put in $2.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,443,136
Participants with balances212
Active participants643
Employer contributions$202,588
Employee contributions$507,625
Employer contribution per active participant$315
Average account balance$30,392
Benefits paid to participants$552,677
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 212 accts · $203K emplr
2023$5.7M · 222 accts · $223K emplr
2022$4.5M · 232 accts · $238K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,547
Investment management$1,694
Audit (IQPA)$5,815
Total administrative$13,651
The Fresh Express, Incorporated 401(k) match · 2024
Employer contribution per active participant$315
Median for plans this size$1,313
2024$315 per active participant
2023$436 per active participant
2022$347 per active participant

Fresh Express, Incorporated's 2024 employer contribution ran below the $1,313 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
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$3,547
BDO USA, LLP · Accounting / audit$5,815
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$1,694

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$13,651 · 0.23%
2023$12,164 · 0.24%
2022$10,661 · 0.24%
Same employer
Similar plansWholesale Trade · Florida
Palmdale Oil Company, LLC FL$7.1M · 0.39%
Florida Hardware LLC FL$6.5M · 0.04%
Douglas Machines Corp FL$6.4M · 0.12%
Regalo International LLC FL$6.3M · 0.27%
Wayne Densch, Inc. FL$6.2M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942591533 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.