Plan Ledger DOL Form 5500 · updated monthly

International Food Products Corporation401(k)

THE INTERNATIONAL COMPANIES SAVINGS AND PROFIT SHARING PLAN · FENTON, MO · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

International Food Products Corporation reported $52,738 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $2,791 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 fell from 0.12% to 0.10%. 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 300th-largest of 1,393 plans among Missouri employers on file, and the 738th of 4,246 in wholesale trade. In 2024, employees put in $2.47 for every $1.00 the employer contributed; active participation has grown from 398 to 466 since 2022.

Plan summary
Net assets, end of year$54,875,511
Participants with balances511
Active participants466
Employer contributions$1,300,708
Employee contributions$3,216,526
Employer contribution per active participant$2,791
Average account balance$107,388
Benefits paid to participants$4,835,237
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$54.9M · 511 accts · $1.3M emplr
2023$47.8M · 487 accts · $1.2M emplr
2022$38.8M · 456 accts · $973K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,738
Total administrative$52,738
The International Food Products Corporation 401(k) match · 2024
Employer contribution per active participant$2,791
Median for plans this size$3,635
2024$2,791 per active participant
2023$2,893 per active participant
2022$2,444 per active participant

International Food Products Corporation'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 · 20241

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$52,738 · 0.10%
2023$47,600 · 0.11%
2022$49,330 · 0.12%
Same employer
Similar plansWholesale Trade · Missouri
Kaiser Midwest, Inc. MO$66.3M · 0.26%
Apex Oil Company, Inc. MO$55.1M · 0.17%
Mfa Oil Company MO$51.1M · 0.10%
John Henry Foster Company MO$44.2M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431648678 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.