Plan Ledger DOL Form 5500 · updated monthly

Kyle, Inc. dba Valley Food Service, Inc.401(k)

VALLEY FOOD SERVICE, INC. 401(K) PLAN · TWIN FALLS, ID · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Kyle, Inc. dba Valley Food Service, Inc. reported $8,050 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $655 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 rose from 0.03% to 0.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Idaho (303rd of 349), and 1,553rd of 2,240 in accommodation & food services. In 2024, employees put in $2.14 for every $1.00 the employer contributed; active participation has grown from 168 to 217 since 2022.

Plan summary
Net assets, end of year$1,569,969
Participants with balances201
Active participants217
Employer contributions$142,236
Employee contributions$304,541
Employer contribution per active participant$655
Average account balance$7,811
Benefits paid to participants$100,086
Plan auditUnmodified (clean) audit opinion
AuditorCOOPER NORMAN
Plan history3
Yearassets · accounts · employer contribution
2024$1.6M · 201 accts · $142K emplr
2023$1.1M · 194 accts · $140K emplr
2022$548K · 152 accts · $121K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,050
Total administrative$8,050
The Kyle, Inc. dba Valley Food Service, Inc. 401(k) match · 2024
Employer contribution per active participant$655
Median for plans this size$1,313
2024$655 per active participant
2023$737 per active participant
2022$721 per active participant

Kyle, Inc. dba Valley Food Service, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Participant communication$682

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$8,050 · 0.61%
2023$251 · 0.03%
2022Not separately reported
Similar plansAccommodation & Food Services · Idaho
Bardenay, Inc. ID$4.9M · 0.02%
T & K LLC ID$2.2M · 0.29%
Happy Day Corporation ID$1.2M · 1.67%
Homestyle Direct LLC ID$771K · 1.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820477263 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.