Plan Ledger DOL Form 5500 · updated monthly

Griffith Foods Group, Inc.401(k) + ESOP (KSOP)

GRIFFITH SUPPLEMENTAL RETIREMENT & SAVINGS PLAN · ALSIP, IL · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Griffith Foods Group, Inc. reported $184,574 in plan administrative expenses for 2024: 0.07% of average plan assets, above the peer median. Employer contributions averaged $9,186 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 0.09% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 264th-largest of 3,702 plans among Illinois employers on file, and the 956th of 13,661 in manufacturing. In 2024, the employer put in $1.02 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$261,519,669
Participants with balances1,235
Active participants859
Employer contributions$7,890,991
Employee contributions$7,724,120
Employer contribution per active participant$9,186
Average account balance$211,757
Benefits paid to participants$42,189,929
Plan auditUnmodified (clean) audit opinion
AuditorSMITH & CULL, LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$261.5M · 1,235 accts · $7.9M emplr
2023$240.9M · 1,156 accts · $7.2M emplr
2022$210.4M · 1,206 accts · $6.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$163,261
Investment management$21,313
Total administrative$184,574
The Griffith Foods Group, Inc. 401(k) match · 2024
Employer contribution per active participant$9,186
Median for plans this size$4,294
2024$9,186 per active participant
2023$8,294 per active participant
2022$7,710 per active participant

Griffith Foods Group, Inc.'s 2024 employer contribution ran above the $4,294 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 · 20243
USI CONSULTING GROUP · Recordkeeping · Consulting$59,141
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$104,120
RAYMOND JAMES & ASSOCIATES INC. · Pension consulting$21,313

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

Recordkeeper by year2
2024USI Consulting
2023USI Consulting

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

Administrative cost history3
2024$184,574 · 0.07%
2023$169,682 · 0.08%
2022$207,681 · 0.09%
Same employer
Similar plansManufacturing · Illinois
Lundbeck LLC IL$281.7M · 0.11%
Madison Iaq LLC IL$279.9M · 0.13%
Life Fitness, LLC IL$276.2M · 0.11%
Littelfuse, Inc. IL$266.1M · 0.05%
Atkore International Inc. IL$260.7M · 0.20%
Great Dane LLC IL$256.0M · 0.09%
Spraying Systems Co IL$254.9M · 0.07%
Inx International Ink Co. IL$252.7M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 361170680 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.