Plan Ledger DOL Form 5500 · updated monthly

Honest Weight Food Coop401(k)

HONEST WEIGHT FOOD COOP 401(K) PROFIT SHARING PLAN & TRUST · ALBANY, NY · plan year 2022

Reported admin expense ratio · 2022
0.29%

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

Honest Weight Food Coop reported $6,070 in plan administrative expenses for 2022: 0.29% of average plan assets, below the peer median. Employer contributions averaged $994 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 New York (5,125th of 5,648), and 4,667th of 5,215 in retail trade. In 2022, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,017,981
Participants with balances78
Active participants107
Employer contributions$106,357
Employee contributions$227,931
Employer contribution per active participant$994
Average account balance$25,872
Benefits paid to participants$128,403
Plan auditUnmodified (clean) audit opinion
AuditorTEAL BECKER & CHIARAMONTE CPA PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,020
Investment management$5,050
Total administrative$6,070
The Honest Weight Food Coop 401(k) match · 2022
Employer contribution per active participant$994
Median for plans this size$1,114

Honest Weight Food Coop's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$6,070 · 0.29%
Similar plansRetail Trade · New York
Tunecore, Inc NY$2.3M · 0.10%
Paul Smith LLC NY$2.2M · 1.04%
Mixlab, Inc. NY$2.1M · 0.59%
Americas Kids, LLC NY$2.1M · 0.08%
Scotch & Soda, LLC NY$1.9M · 0.09%
Dii Enterprises, LLC NY$1.9M · 1.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141596434 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.