Plan Ledger DOL Form 5500 · updated monthly

Knouse Foods Cooperative, Inc.401(k)

KNOUSE FOODS COOPERATIVE, INC. RETIREMENT SAVINGS & INVESTMENT PLAN · PEACH GLEN, PA · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Knouse Foods Cooperative, Inc. reported $8,640 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $970 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 1 year on file its reported administrative ratio fell from 0.05% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,413th-largest of 3,651 plans among Pennsylvania employers on file, and the 5,396th of 13,661 in manufacturing. In 2023, employees put in $4.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,145,179
Participants with balances248
Active participants250
Employer contributions$242,611
Employee contributions$1,056,037
Employer contribution per active participant$970
Average account balance$93,327
Benefits paid to participants$6,432,606
Plan auditUnmodified (clean) audit opinion
AuditorDOPKINS & COMPANY, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$23.1M · 248 accts · $243K emplr
2022$23.1M · 287 accts · $280K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$8,640
Total administrative$8,640
The Knouse Foods Cooperative, Inc. 401(k) match · 2023
Employer contribution per active participant$970
Median for plans this size$2,440
2023$970 per active participant
2022$1,003 per active participant

Knouse Foods Cooperative, Inc.'s 2023 employer contribution ran below the $2,440 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 · 20237
CONRAD SIEGEL · Recordkeeping · Pension consulting$8,640
CHARLES SCHWAB & CO., INC. · Custodial (securities)indirect comp
FIDELITY & RESEARCH COMPANY · Investment managementindirect comp
MASSACHUSETTS FINANCIAL SERVICES CO · Investment managementindirect comp
JP MORGAN INVESTMENT INC · Investment managementindirect comp
BOSTON TRUST INVESTMENT , INC. · Investment managementindirect comp
GOLDMAN SACHS ASSET LP · Investment managementindirect comp

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

Administrative cost history2
2023$8,640 · 0.04%
2022$10,980 · 0.05%
All plans at this employer2
KNOUSE FOODS COOPERATIVE, INC. RETIREMENT SAVINGS & INVESTMENT PLAN401(k)
RETIREMENT SAVINGS AND INVESTMENT PLAN FOR EMPLOYEES OF KNOUSE FOODS COOPERATIVE, INC. COLLECTIVE BARGAINING UNITS401(k)
Same employer
Similar plansManufacturing · Pennsylvania
Galliker Dairy Co. PA$23.8M · 0.34%
General Carbide Corporation PA$23.6M · 0.14%
Simona America Group Inc. PA$23.3M · 0.33%
Matric Limited, Inc. PA$22.8M · 0.64%
New Hudson Facades, LLC PA$22.7M · 0.43%
Aquaphoenix Scientific, LLC PA$22.6M · 0.54%
Rockland, Inc. PA$22.6M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231324775 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.