Plan Ledger DOL Form 5500 · updated monthly

Grocery Delivery E-Services, Inc.401(k)

HELLOFRESH 401(K) RETIREMENT SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Grocery Delivery E-Services, Inc. reported $569,211 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,095 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 0.66% to 0.63%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 758th-largest of 5,648 plans among New York employers on file, and the 362nd of 5,215 in retail trade. In 2024, employees put in $2.02 for every $1.00 the employer contributed; active participation has grown from 7,867 to 8,838 since 2022.

Plan summary
Net assets, end of year$105,649,327
Participants with balances3,596
Active participants8,838
Employer contributions$9,679,316
Employee contributions$19,516,999
Employer contribution per active participant$1,095
Average account balance$29,380
Benefits paid to participants$13,707,832
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$105.6M · 3,596 accts · $9.7M emplr
2023$75.7M · 3,389 accts · $8.4M emplr
2022$44.3M · 2,922 accts · $6.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$494,854
Investment management$45,757
Total administrative$569,211
The Grocery Delivery E-Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,095
Median for plans this size$3,635
2024$1,095 per active participant
2023$888 per active participant
2022$853 per active participant

Grocery Delivery E-Services, Inc.'s 2024 employer contribution ran below the $3,635 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
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$529,025
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$35,675
CREATIVE PLANNING HOLD CO, LLCindirect comp

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

Administrative cost history3
2024$569,211 · 0.63%
2023$387,000 · 0.65%
2022$257,879 · 0.66%
Same employer
Similar plansRetail Trade · New York
Tory Burch, LLC NY$117.7M · 0.19%
Global Industrial Company NY$110.1M · 0.06%
Harry Winston, Inc. NY$96.4M · 0.20%
Eileen Fisher, Inc. NY$92.9M · 0.07%
Giorgio Armani Corporation NY$86.3M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455349819 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.