Plan Ledger DOL Form 5500 · updated monthly

Takkt Foodservices, LLC401(k)

HUBERT COMPANY, LLC SAVINGS PLAN · HARRISON, OH · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Takkt Foodservices, LLC reported $94,720 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $3,084 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 2 years on file its reported administrative ratio rose from 0.00% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 538th-largest of 3,295 plans among Ohio employers on file, and the 660th of 4,246 in wholesale trade. In 2024, employees put in $2.48 for every $1.00 the employer contributed; active participation has grown from 196 to 319 since 2022.

Plan summary
Net assets, end of year$62,544,386
Participants with balances412
Active participants319
Employer contributions$983,793
Employee contributions$2,439,752
Employer contribution per active participant$3,084
Average account balance$151,807
Benefits paid to participants$11,048,239
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.5M · 412 accts · $984K emplr
2023$44.6M · 253 accts · $704K emplr
2022$38.9M · 258 accts · $723K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,067
Investment management$55,550
Total administrative$94,720
The Takkt Foodservices, LLC 401(k) match · 2024
Employer contribution per active participant$3,084
Median for plans this size$3,635
2024$3,084 per active participant
2023$3,649 per active participant
2022$3,690 per active participant

Takkt Foodservices, LLC's 2024 employer contribution ran below the $3,635 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 · 20242
RAYMOND JAMES & ASSOCIATES INC · Investment advisory (participants) · Investment advisory (plan)$67,653
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$27,067

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$94,720 · 0.18%
2023$3,373 · 0.01%
2022$1,105 · 0.00%
Same employer
Similar plansWholesale Trade · Ohio
Imcd Holdings U.S., Inc. OH$79.5M · 0.19%
Gunton Corporation OH$71.4M · 0.16%
Wmk Inc OH$62.0M · 0.34%
Onpoint Group, LLC OH$60.4M · 0.42%
Pepperl Fuchs, Inc. OH$56.2M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263794198 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.