Plan Ledger DOL Form 5500 · updated monthly

Keystone Food Products, Inc.401(k)

KEYSTONE FOOD PRODUCTS, INC. HOURLY EMPLOYEE 401(K) PLAN · EASTON, PA · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Keystone Food Products, Inc. reported $28,072 in plan administrative expenses for 2024: 0.80% of average plan assets, above the peer median. Employer contributions averaged $2,413 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 rose from 0.28% to 0.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (3,079th of 3,651), and 11,931st of 13,661 in manufacturing. In 2024, the employer put in $1.67 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,656,995
Participants with balances180
Active participants165
Employer contributions$398,069
Employee contributions$237,712
Employer contribution per active participant$2,413
Average account balance$20,317
Benefits paid to participants$626,805
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 180 accts · $398K emplr
2023$3.3M · 192 accts · $370K emplr
2022$2.6M · 174 accts · $372K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,835
Investment management$8,237
Total administrative$28,072
The Keystone Food Products, Inc. 401(k) match · 2024
Employer contribution per active participant$2,413
Median for plans this size$1,313
2024$2,413 per active participant
2023$2,128 per active participant
2022$2,413 per active participant

Keystone Food Products, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20244
LPL FINANCIAL · Investment advisory (plan)$8,137
MID-ATLANTIC PENSION SPECIALISTS · Contract administrator$3,970
EMPOWER ADVISORY GROUP, LLC · Investment management$100

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$28,072 · 0.80%
2023$20,257 · 0.68%
2022$7,605 · 0.28%
Same employer
Similar plansManufacturing · Pennsylvania
Function Inc. PA$3.9M · 0.23%
Ecopax LLC PA$3.8M · 0.46%
Hodge Foundry, Inc. PA$3.7M · 0.66%
Alvord-Polk, Inc. PA$3.6M · 0.50%
Staiman Brothers, Inc. PA$3.6M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 240794987 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.