Plan Ledger DOL Form 5500 · updated monthly

Good Food, Inc.401(k)

GOOD FOOD, INC. 401(K) PLAN · LIMA, OH · plan year 2022

Reported admin expense ratio · 2022
0.12%

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

Good Food, Inc. reported $2,380 in plan administrative expenses for 2022: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $373 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 accommodation & food services employers. By assets it is among the smaller plans on file in Ohio (3,043rd of 3,295), and 1,491st of 2,240 in accommodation & food services. In 2022, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,802,171
Participants with balances66
Active participants289
Employer contributions$107,859
Employee contributions$170,176
Employer contribution per active participant$373
Average account balance$27,306
Benefits paid to participants$317,676
Plan auditUnmodified (clean) audit opinion
AuditorSTROH, JOHNSON, & COMPANY, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,380
Total administrative$2,380
The Good Food, Inc. 401(k) match · 2022
Employer contribution per active participant$373
Median for plans this size$1,114

Good Food, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$2,380 · 0.12%
Similar plansAccommodation & Food Services · Ohio
Jkb Management, Inc. OH$2.1M · 1.67%
Speedy Management, LTD. OH$2.0M · 1.51%
Skelton Truck Lines, Inc. OH$1.7M · 0.29%
Adeeb Sons Inc OH$1.5M · 3.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311468348 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.