Plan Ledger DOL Form 5500 · updated monthly

Holiday Food Center, Inc.401(k)

HOLIDAY FOOD CENTER INC 401(K) PLAN · ROYAL OAK, MI · plan year 2022

Reported admin expense ratio · 2022
0.57%

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

Holiday Food Center, Inc. reported $19,080 in plan administrative expenses for 2022: 0.57% of average plan assets, above the peer median. Employer contributions averaged $433 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.

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 Michigan (2,241st of 2,619), and 4,327th of 5,215 in retail trade. In 2022, employees put in $2.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,083,354
Participants with balances67
Active participants177
Employer contributions$76,690
Employee contributions$174,089
Employer contribution per active participant$433
Average account balance$46,020
Benefits paid to participants$251,027
Plan auditUnmodified (clean) audit opinion
AuditorBEENE GARTER, A DOEREN MAYHEW FIRM
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,595
Total administrative$19,080
The Holiday Food Center, Inc. 401(k) match · 2022
Employer contribution per active participant$433
Median for plans this size$1,114

Holiday Food Center, 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 history1
2022$19,080 · 0.57%
Same employer
Similar plansRetail Trade · Michigan
G-M Companies, Inc. MI$3.3M · 0.16%
Repco-Lite Paints, Inc. MI$3.1M · 0.86%
Michigan Brand, Inc. MI$2.8M · 1.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381881166 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.