Plan Ledger DOL Form 5500 · updated monthly

Gordon Food Service, Inc.401(k)

GORDON FOOD SERVICE, INC. PROFIT SHARING PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Gordon Food Service, Inc. reported $2,200,527 in plan administrative expenses for 2024: 0.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $8,016 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 0.10% to 0.08%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other wholesale trade employers. By assets it is the 11th-largest of 2,619 plans among Michigan employers on file, and the 13th of 4,246 in wholesale trade. In 2024, the employer put in $1.43 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,758,402,201
Participants with balances18,418
Active participants13,985
Employer contributions$112,103,215
Employee contributions$78,314,693
Employer contribution per active participant$8,016
Average account balance$149,767
Benefits paid to participants$251,085,174
Plan auditUnmodified (clean) audit opinion
AuditorHUNGERFORD
Plan history3
Yearassets · accounts · employer contribution
2024$2.8B · 18,418 accts · $112.1M emplr
2023$2.5B · 19,624 accts · $108.8M emplr
2022$2.0B · 20,228 accts · $105.7M emplr
The Gordon Food Service, Inc. 401(k) match · 2024
Employer contribution per active participant$8,016
Median for plans this size$5,259
2024$8,016 per active participant
2023$7,835 per active participant
2022$7,876 per active participant

Gordon Food Service, Inc.'s 2024 employer contribution ran above the $5,259 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$1,296,114
VANGUARD ADVISERS INC. · Investment advisory (participants)$1,065,613

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$2,200,527 · 0.08%
2023$1,988,651 · 0.09%
2022$1,920,617 · 0.10%
Same employer
Similar plansWholesale Trade · Michigan
W. W. Grainger, Inc. IL$3.8B · 0.03%
Ferguson Enterprises, LLC VA$3.6B · 0.04%
United Natural Foods, Inc RI$2.8B · 0.05%
Canon U.S.A., Inc. NY$2.7B · 0.06%
Genuine Parts Company GA$2.5B · 0.10%
US Foods, Inc. IL$2.5B · 0.06%
Cencora, Inc. PA$2.4B · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381249848 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.