Plan Ledger DOL Form 5500 · updated monthly

High Flying Foods San Diego Partnership401(k)

HIGH FLYING FOODS SAN DIEGO PARTNERSHIP UNION 401(K) PLAN · SAUSALITO, CA · plan year 2024

Reported admin expense ratio · 2024
3.98%

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

High Flying Foods San Diego Partnership reported $30,230 in plan administrative expenses for 2024: 3.98% of average plan assets, higher than ~75% of peers. Employer contributions averaged $907 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 3.98%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in California (8,892nd of 9,483), and 1,771st of 2,240 in accommodation & food services. In 2024, employees put in $1.17 for every $1.00 the employer contributed; active participation has shrunk from 305 to 109 since 2022.

Plan summary
Net assets, end of year$858,272
Participants with balances132
Active participants109
Employer contributions$98,908
Employee contributions$115,574
Employer contribution per active participant$907
Average account balance$6,502
Benefits paid to participants$145,299
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$858K · 132 accts · $99K emplr
2023$660K · 202 accts · $98K emplr
2022$456K · 289 accts · $89K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,230
Total administrative$30,230
The High Flying Foods San Diego Partnership 401(k) match · 2024
Employer contribution per active participant$907
Median for plans this size$540
2024$907 per active participant
2023$826 per active participant
2022$292 per active participant

High Flying Foods San Diego Partnership's 2024 employer contribution ran above the $540 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 · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$31,950

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$30,230 · 3.98%
2023$25,560 · 4.58%
2022$17,828 · 3.99%
Similar plansAccommodation & Food Services · California
Prospera Hotels, Inc. CA$987K · 0.35%
Golden Arch Enterprises CA$964K · 0.41%
Le Zinc Bar LLC CA$847K · 0.02%
Idg Holdco LLC CA$846K · 0.43%
Shashi Group, LLC CA$838K · 0.54%
Folktale Group LLC CA$764K · 1.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460797953 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.