Plan Ledger DOL Form 5500 · updated monthly

K2D, Inc. dba Colorado Premium Foods401(k)

COLORADO PREMIUM FOODS 401(K) PLAN · GREELEY, CO · plan year 2023

Reported admin expense ratio · 2023
0.99%

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

K2D, Inc. dba Colorado Premium Foods reported $79,710 in plan administrative expenses for 2023: 0.99% of average plan assets, higher than ~75% of peers. Employer contributions averaged $618 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 0.99%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Colorado (834th of 1,461), and 9,198th of 13,661 in manufacturing. In 2023, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,068,017
Participants with balances254
Active participants553
Employer contributions$341,598
Employee contributions$648,150
Employer contribution per active participant$618
Average account balance$35,701
Benefits paid to participants$201,557
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $354K emplr
2023$9.1M · 254 accts · $342K emplr
2022$7.1M · 260 accts · $344K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$79,710
Total administrative$79,710
The K2D, Inc. dba Colorado Premium Foods 401(k) match · 2023
Employer contribution per active participant$618
Median for plans this size$1,308
2023$618 per active participant
2022$587 per active participant

K2D, Inc. dba Colorado Premium Foods's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$52,424
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$27,286

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

Recordkeeper by year2
2024ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica
2023ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica

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Administrative cost history3
2024Not separately reported
2023$79,710 · 0.99%
2022$77,492 · 1.03%
Same employer
Similar plansManufacturing · Colorado
Laser Technology, Inc. CO$9.6M · 0.45%
Noa Brands America, Inc. CO$9.5M · 0.04%
Sashco, Inc. CO$9.4M · 0.56%
Arc Group Worldwide, Inc. CO$9.1M · 0.39%
Sequential Biodiesel LLC CO$9.0M · 0.10%
Surfacecycle, Inc. CO$8.1M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841471589 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.