Plan Ledger DOL Form 5500 · updated monthly

Harvest Food Group401(k)

HARVEST FOOD GROUP 401(K) PLAN · NAPERVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
1.10%

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

Harvest Food Group reported $55,681 in plan administrative expenses for 2024: 1.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,071 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 3 years on file its reported administrative ratio has held roughly steady near 1.096%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (2,940th of 3,702), and 11,126th of 13,661 in manufacturing. In 2024, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,151,634
Participants with balances153
Active participants230
Employer contributions$246,337
Employee contributions$411,033
Employer contribution per active participant$1,071
Average account balance$33,671
Benefits paid to participants$1,347,139
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 153 accts · $246K emplr
2023$5.0M · 173 accts · $310K emplr
2022$3.4M · 168 accts · $291K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,681
Total administrative$55,681
The Harvest Food Group 401(k) match · 2024
Employer contribution per active participant$1,071
Median for plans this size$1,313
2024$1,071 per active participant
2023$1,338 per active participant
2022$1,197 per active participant

Harvest Food Group's 2024 employer contribution ran below the $1,313 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$50,561
ASCENSUS · Contract administrator · Other services$5,120
UBS FINANCIAL SERVICES INC · Investment advisory (plan)indirect 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$55,681 · 1.10%
2023$42,523 · 1.01%
2022$37,734 · 1.10%
Same employer
Similar plansManufacturing · Illinois
Eklind Tool Company IL$5.3M · 0.57%
Rack Builders, Inc. IL$5.1M · 1.12%
News Media Corporation IL$5.1M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 364301004 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.