Plan Ledger DOL Form 5500 · updated monthly

International Fresh Produce Association401(k)

INTERNATIONAL FRESH PRODUCE ASSOCIATION 401K PLAN · NEWARK, DE · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

International Fresh Produce Association reported $47,997 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $9,917 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 has held roughly steady near 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 84th-largest of 242 plans among Delaware employers on file, and the 744th of 3,341 in other services. In 2024, employees put in $1.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,215,351
Participants with balances142
Active participants95
Employer contributions$942,157
Employee contributions$1,099,934
Employer contribution per active participant$9,917
Average account balance$205,742
Benefits paid to participants$3,745,894
Plan auditUnmodified (clean) audit opinion
AuditorCBIZ CPA PC.
Plan history2
Yearassets · accounts · employer contribution
2024$29.2M · 142 accts · $942K emplr
2023$27.2M · 136 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,477
Investment management$36,520
Total administrative$47,997
The International Fresh Produce Association 401(k) match · 2024
Employer contribution per active participant$9,917
Median for plans this size$2,416
2024$9,917 per active participant
2023$16,442 per active participant

International Fresh Produce Association's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
RAFFA WEALTH MANAGEMENT · Investment advisory (plan)$33,225

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$47,997 · 0.17%
2023$41,911 · 0.16%
Similar plansOther Services · Delaware
Jc USA, Inc. DE$45.7M · 0.39%
Nixon Uniform Service, Inc. DE$30.6M · 0.39%
Medical Society of Delaware DE$20.8M · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873495767 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.