Plan Ledger DOL Form 5500 · updated monthly

Imperfect Foods, Inc401(k)

IMPERFECT FOODS 401(K) PLAN · SAN FRANCISCO, CA · plan year 2022

Reported admin expense ratio · 2022
0.63%

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

Imperfect Foods, Inc reported $37,818 in plan administrative expenses for 2022: 0.63% of average plan assets, above the peer median. Employer contributions averaged $307 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 agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in California (6,684th of 9,483), and 599th of 945 in agriculture, forestry & fishing. In 2022, employees put in $7.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,955,417
Participants with balances1,076
Active participants976
Employer contributions$299,943
Employee contributions$2,168,587
Employer contribution per active participant$307
Average account balance$5,535
Benefits paid to participants$1,564,453
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$6.0M · 1,076 accts · $300K emplr
The Imperfect Foods, Inc 401(k) match · 2022
Employer contribution per active participant$307
Median for plans this size$1,114

Imperfect Foods, 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 history2
2023Not separately reported
2022$37,818 · 0.63%
Similar plansAgriculture, Forestry & Fishing · California
Tasteful Selections, LLC CA$6.6M · 0.67%
A1 Dahra Acx, Inc. CA$6.0M · 0.05%
Hollandia Produce, LLC CA$5.8M · 0.61%
Horizon Nut, LLC CA$5.7M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473196610 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.