Plan Ledger DOL Form 5500 · updated monthly

Labatt Food Service401(k)

LABATT FOOD SERVICE EMPLOYEES' PROFIT SHARING PLAN · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Labatt Food Service reported $86,532 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $977 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 0.13% to 0.11%. 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 735th-largest of 5,688 plans among Texas employers on file, and the 503rd of 4,246 in wholesale trade. In 2024, employees put in $3.50 for every $1.00 the employer contributed; active participation has grown from 1,174 to 1,586 since 2022.

Plan summary
Net assets, end of year$83,326,308
Participants with balances1,506
Active participants1,586
Employer contributions$1,549,501
Employee contributions$5,420,138
Employer contribution per active participant$977
Average account balance$55,330
Benefits paid to participants$5,848,599
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$83.3M · 1,506 accts · $1.5M emplr
2023$71.2M · 1,290 accts · $1.4M emplr
2022$62.2M · 1,307 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,187
Investment management$31,082
Audit (IQPA)$13,388
Total administrative$86,532
The Labatt Food Service 401(k) match · 2024
Employer contribution per active participant$977
Median for plans this size$3,635
2024$977 per active participant
2023$1,175 per active participant
2022$1,136 per active participant

Labatt Food Service's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$31,082
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$30,187
RSM US LLP · Accounting / audit$13,388
MARCADO · Consulting$11,875

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$86,532 · 0.11%
2023$90,964 · 0.14%
2022$89,661 · 0.13%
Same employer
Similar plansWholesale Trade · Texas
His Company, Inc. TX$99.8M · 0.03%
Coburn Supply Company, Inc. TX$84.9M · 0.22%
D. Reynolds Company, L.P TX$82.0M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260421158 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.