Plan Ledger DOL Form 5500 · updated monthly

International Foodsource LLC401(k)

INTERNATIONAL FOODSOURCE 401(K) PLAN · RANDOLPH, NJ · plan year 2022

Reported admin expense ratio · 2022
1.25%

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

International Foodsource LLC reported $29,462 in plan administrative expenses for 2022: 1.25% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,759 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 manufacturing employers. By assets it is among the smaller plans on file in New Jersey (2,122nd of 2,419), and 12,710th of 13,661 in manufacturing. In 2022, employees put in $1.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,245,631
Participants with balances67
Active participants77
Employer contributions$135,451
Employee contributions$197,358
Employer contribution per active participant$1,759
Average account balance$33,517
Benefits paid to participants$116,960
Plan auditUnmodified (clean) audit opinion
The International Foodsource LLC 401(k) match · 2022
Employer contribution per active participant$1,759
Median for plans this size$1,114

International Foodsource LLC's 2022 employer contribution ran above 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$29,462 · 1.25%
Similar plansManufacturing · New Jersey
Freshline Produce, LLC NJ$2.5M · 0.13%
Dermarite Industries, LLC NJ$2.5M · 1.45%
Rk Pharma NJ$2.3M · 1.24%
Pcs Wireless NJ$1.9M · 0.54%
Ruggiero Seafood, Inc. NJ$1.8M · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201110043 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.