Plan Ledger DOL Form 5500 · updated monthly

Karns Prime & Fancy Food, LTD.401(k)

KARNS PRIME & FANCY FOOD, LTD.401(K) PS PLAN · MECHANICSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Karns Prime & Fancy Food, LTD. reported $66,852 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $226 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 0.50% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,586th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,519th of 5,215 in retail trade. In 2024, employees put in $6.81 for every $1.00 the employer contributed; active participation has grown from 559 to 636 since 2022.

Plan summary
Net assets, end of year$19,127,939
Participants with balances648
Active participants636
Employer contributions$143,844
Employee contributions$979,280
Employer contribution per active participant$226
Average account balance$29,518
Benefits paid to participants$1,472,480
Plan auditUnmodified (clean) audit opinion
AuditorBROWN PLUS
Plan history3
Yearassets · accounts · employer contribution
2024$19.1M · 648 accts · $144K emplr
2023$17.0M · 607 accts · $127K emplr
2022$15.2M · 522 accts · $115K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,212
Investment management$39,640
Total administrative$66,852
The Karns Prime & Fancy Food, LTD. 401(k) match · 2024
Employer contribution per active participant$226
Median for plans this size$2,416
2024$226 per active participant
2023$205 per active participant
2022$207 per active participant

Karns Prime & Fancy Food, LTD.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ASCENSUS LLC · Recordkeeping$27,212
WELLS FARGO ADVISORS · Investment advisory (plan)$39,640

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$66,852 · 0.37%
2023$62,940 · 0.39%
2022$83,035 · 0.50%
Same employer
Similar plansRetail Trade · Pennsylvania
Smail Company, Inc. PA$20.3M · 0.36%
Reedman-Toll, L.P. PA$20.2M · 0.27%
Craig Scott, Inc. PA$19.4M · 0.12%
Boyers Food Markets Inc. PA$19.2M · 0.02%
Sloane Automotive Group PA$18.8M · 0.47%
Allen Imports, LTD., Inc. PA$18.5M · 0.46%
Diehl Management, Inc. PA$18.3M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231930040 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.