Plan Ledger DOL Form 5500 · updated monthly

Kelly's Foods, Inc.401(k)

KELLY'S FOODS, INC. 401(K) PROFIT SHARING PLAN · WINTER GARDEN, FL · plan year 2022

Reported admin expense ratio · 2022
0.74%

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

Kelly's Foods, Inc. reported $22,900 in plan administrative expenses for 2022: 0.74% of average plan assets, above the peer median. Employer contributions averaged $366 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 wholesale trade employers. By assets it is among the smaller plans on file in Florida (2,918th of 3,644), and 3,946th of 4,246 in wholesale trade. In 2022, employees put in $6.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,858,493
Participants with balances67
Active participants129
Employer contributions$47,170
Employee contributions$320,660
Employer contribution per active participant$366
Average account balance$42,664
Benefits paid to participants$224,240
Plan auditUnmodified (clean) audit opinion
AuditorHOSKINS QUIROS OSBORNE & LABEAUME
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$22,900
Total administrative$22,900
The Kelly's Foods, Inc. 401(k) match · 2022
Employer contribution per active participant$366
Median for plans this size$1,114

Kelly's Foods, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$22,900 · 0.74%
Similar plansWholesale Trade · Florida
S.R. Perrott, Inc. FL$3.5M · 0.28%
Prestige Ford, Inc. FL$2.4M · 0.25%
Sanwa Growers, Inc FL$2.4M · 0.67%
Aa Metals, Inc. FL$2.1M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592147286 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.