Plan Ledger DOL Form 5500 · updated monthly

Krinos Foods, LLC401(k)

KRINOS FOODS, LLC AND ATHENS FOODS, INC. 401(K) PLAN · BRONX, NY · plan year 2023

Reported admin expense ratio · 2023
0.02%

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

Krinos Foods, LLC reported $2,224 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $358 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 0.053% to 0.050%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New York (3,020th of 5,648), and 2,413th of 4,246 in wholesale trade. In 2023, employees put in $6.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,476,335
Participants with balances132
Active participants263
Employer contributions$94,237
Employee contributions$635,155
Employer contribution per active participant$358
Average account balance$109,669
Benefits paid to participants$2,591,626
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 128 accts · $87K emplr
2023$14.5M · 132 accts · $94K emplr
2022$14.1M · 145 accts · $93K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,224
Total administrative$2,224
The Krinos Foods, LLC 401(k) match · 2023
Employer contribution per active participant$358
Median for plans this size$2,440
2024$372 per active participant
2023$358 per active participant
2022$344 per active participant

Krinos Foods, LLC'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 · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,224

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$7,192 · 0.05%
2023$2,224 · 0.02%
2022$8,278 · 0.05%
Similar plansWholesale Trade · New York
Jacmel Jewelry, Inc. NY$15.0M · 0.05%
Valentino U.S.A., Inc NY$14.9M · 0.68%
Amerex Group, LLC NY$14.7M · 0.26%
Ba Sports Nutrition, LLC NY$14.6M · 0.19%
Oscar de la Renta, LLC NY$14.4M · 0.03%
Nebraskaland, Inc. NY$14.2M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261544084 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.