Plan Ledger DOL Form 5500 · updated monthly

Harmon Foods, Inc.401(k)

HARMON FOODS, INC RETIREMENT SAVINGS PLAN · JACKSONVILLE, IL · plan year 2022

Reported admin expense ratio · 2022
0.34%

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

Harmon Foods, Inc. reported $11,305 in plan administrative expenses for 2022: 0.34% of average plan assets, below the peer median. Employer contributions averaged $367 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 1 year on file its reported administrative ratio rose from 0.34% to 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Illinois (3,212th of 3,702), and 4,318th of 5,215 in retail trade. In 2022, employees put in $2.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,108,872
Participants with balances106
Active participants86
Employer contributions$31,563
Employee contributions$77,140
Employer contribution per active participant$367
Average account balance$29,329
Benefits paid to participants$238,209
Plan auditUnmodified (clean) audit opinion
AuditorKERBER, ECK & BRAECKEL
Plan history2
Yearassets · accounts · employer contribution
2023$3.0M · 93 accts
2022$3.1M · 106 accts · $32K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$11,305
Total administrative$11,305
The Harmon Foods, Inc. 401(k) match · 2022
Employer contribution per active participant$367
Median for plans this size$1,114

Harmon Foods, 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 history2
2023$19,694 · 0.64%
2022$11,305 · 0.34%
Similar plansRetail Trade · Illinois
Hindman LLC IL$3.6M · 0.80%
R.I.S.N. Operations Inc. IL$3.4M · 0.02%
Lehan Drugs IL$3.2M · 0.58%
Lenny's Gas N Wash, LLC IL$3.0M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371073019 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.