Plan Ledger DOL Form 5500 · updated monthly

Krasdale Foods, Inc.401(k)

KRASDALE FOODS, INC. PROFIT SHARING/401K PLAN AND TRUST · WHITE PLAINS, NY · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Krasdale Foods, Inc. reported $32,444 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,837 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 0.03% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 870th-largest of 5,648 plans among New York employers on file, and the 467th of 4,246 in wholesale trade. In 2024, employees put in $2.42 for every $1.00 the employer contributed; active participation has grown from 284 to 371 since 2022.

Plan summary
Net assets, end of year$90,061,125
Participants with balances472
Active participants371
Employer contributions$1,052,447
Employee contributions$2,543,089
Employer contribution per active participant$2,837
Average account balance$190,807
Benefits paid to participants$8,230,203
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$90.1M · 472 accts · $1.1M emplr
2023$84.4M · 475 accts · $1.3M emplr
2022$79.7M · 515 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,468
Investment management$23,601
Total administrative$32,444
The Krasdale Foods, Inc. 401(k) match · 2024
Employer contribution per active participant$2,837
Median for plans this size$3,635
2024$2,837 per active participant
2023$4,557 per active participant
2022$4,459 per active participant

Krasdale Foods, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size. 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 · 20243
CITRIN COOPERMAN & COMPANY$23,600
MORGAN STANLEY SMITH BARNEY LLCindirect comp

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$32,444 · 0.04%
2023$25,576 · 0.03%
2022$26,085 · 0.03%
Same employer
Similar plansWholesale Trade · New York
Hartree Partners, LP NY$95.2M · 0.01%
Lifetime Brands, Inc. NY$93.3M · 0.23%
Empire Merchants, LLC NY$91.9M · 0.19%
Richline Group, Inc. NY$88.5M · 0.08%
Baillie Lumber Co., L.P. NY$78.8M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131715975 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.