Plan Ledger DOL Form 5500 · updated monthly

Fresh Products, LLC401(k)

FRESH PRODUCTS LLC. 401(K) · PERRYSBURG, OH · plan year 2022

Reported admin expense ratio · 2022
0.87%

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

Fresh Products, LLC reported $47,634 in plan administrative expenses for 2022: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,797 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 manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,500th of 3,295), and 11,045th of 13,661 in manufacturing. In 2022, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,318,582
Participants with balances201
Active participants173
Employer contributions$310,851
Employee contributions$555,484
Employer contribution per active participant$1,797
Average account balance$26,461
Benefits paid to participants$266,504
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $230K emplr
2022$5.3M · 201 accts · $311K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$47,634
Total administrative$47,634
The Fresh Products, LLC 401(k) match · 2022
Employer contribution per active participant$1,797
Median for plans this size$1,114

Fresh Products, LLC's 2022 employer contribution ran above the $1,114 median for plans its size. 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$47,634 · 0.87%
Same employer
Similar plansManufacturing · Ohio
Joyce Manufacturing Co. OH$5.4M · 0.00%
Celstar Group, Inc. OH$5.3M · 0.28%
Brt Extrusions, Inc. OH$5.2M · 1.58%
P. Graham Dunn, Inc. OH$5.1M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260688430 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.