Plan Ledger DOL Form 5500 · updated monthly

John B. Sanfilippo & Son, Inc.401(k)

JOHN B SANFILIPPO & SON, INC. 401(K) PLAN · ELGIN, IL · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

John B. Sanfilippo & Son, Inc. reported $148,862 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,412 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 0.14% to 0.13%. 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 470th-largest of 3,702 plans among Illinois employers on file, and the 1,595th of 13,661 in manufacturing. In 2024, employees put in $1.85 for every $1.00 the employer contributed; active participation has grown from 1,230 to 1,732 since 2022.

Plan summary
Net assets, end of year$127,057,282
Participants with balances1,939
Active participants1,732
Employer contributions$4,176,800
Employee contributions$7,716,509
Employer contribution per active participant$2,412
Average account balance$65,527
Benefits paid to participants$11,462,845
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$127.1M · 1,939 accts · $4.2M emplr
2023$106.8M · 2,086 accts · $3.4M emplr
2022$77.8M · 1,074 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$134,862
Investment management$14,000
Total administrative$148,862
The John B. Sanfilippo & Son, Inc. 401(k) match · 2024
Employer contribution per active participant$2,412
Median for plans this size$3,635
2024$2,412 per active participant
2023$2,027 per active participant
2022$1,799 per active participant

John B. Sanfilippo & Son, Inc.'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 · 20242
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$14,000

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$148,862 · 0.13%
2023$108,182 · 0.12%
2022$116,640 · 0.14%
Same employer
Similar plansManufacturing · Illinois
Ideal Industries, Inc. IL$133.5M · 0.12%
Nd Paper Inc. IL$131.7M · 0.10%
U.S. Tsubaki Holdings, Inc. IL$129.1M · 0.15%
Upm-Kymmene, Inc. IL$128.6M · 0.02%
Carl Buddig and Company IL$123.5M · 0.12%
Etnyre International, LTD. IL$122.0M · 0.18%
Weber-Stephen Products LLC IL$119.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362419677 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.