Plan Ledger DOL Form 5500 · updated monthly

Impossible Foods, Inc.401(k)

IMPOSSIBLE FOODS 401(K) PLAN · REDWOOD CITY, CA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Impossible Foods, Inc. reported $142,778 in plan administrative expenses for 2024: 0.28% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,310 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 0.04% to 0.28%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,638th-largest of 9,483 plans among California employers on file, and the 2,931st of 13,661 in manufacturing. In 2024, employees put in $3.64 for every $1.00 the employer contributed; active participation has shrunk from 688 to 398 since 2022.

Plan summary
Net assets, end of year$55,290,616
Participants with balances756
Active participants398
Employer contributions$1,715,255
Employee contributions$6,248,064
Employer contribution per active participant$4,310
Average account balance$73,136
Benefits paid to participants$8,254,143
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$55.3M · 756 accts · $1.7M emplr
2023$45.4M · 779 accts
2022$36.6M · 893 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$103,595
Investment management$39,183
Total administrative$142,778
The Impossible Foods, Inc. 401(k) match · 2024
Employer contribution per active participant$4,310
Median for plans this size$3,635

Impossible Foods, Inc.'s 2024 employer contribution ran above 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$103,595
THREE BELL CAPITAL · Investment advisory (plan)$33,770
BPM ADVISORS INC · Investment advisory (plan)$5,413

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$142,778 · 0.28%
2023$37,066 · 0.09%
2022$15,692 · 0.04%
Same employer
Similar plansManufacturing · California
Method Products, Pbc CA$55.5M · 0.17%
Musco Olive Products, Inc. CA$55.5M · 0.21%
The Gill Corporation CA$55.1M · 0.03%
Caymus Vineyards CA$53.2M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453776939 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.