Plan Ledger DOL Form 5500 · updated monthly

Latino Enterprises, Inc401(k)

LA CHIQUITA TORTILLA MANUFACTURER 401(K) RETIREMENT PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Latino Enterprises, Inc reported $5,520 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,145 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 0.17% to 0.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Georgia (1,655th of 2,160), and 11,398th of 13,661 in manufacturing. In 2024, employees put in $1.30 for every $1.00 the employer contributed; active participation has grown from 196 to 254 since 2022.

Plan summary
Net assets, end of year$4,637,687
Participants with balances177
Active participants254
Employer contributions$290,784
Employee contributions$378,101
Employer contribution per active participant$1,145
Average account balance$26,202
Benefits paid to participants$215,167
Plan auditDisclaimer of opinion
AuditorLONG & ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 177 accts · $291K emplr
2023$3.7M · 135 accts · $223K emplr
2022$2.6M · 124 accts · $190K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,520
Total administrative$5,520
The Latino Enterprises, Inc 401(k) match · 2024
Employer contribution per active participant$1,145
Median for plans this size$1,313
2024$1,145 per active participant
2023$1,076 per active participant
2022$968 per active participant

Latino Enterprises, 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
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$5,520

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$5,520 · 0.13%
2023$3,165 · 0.10%
2022$4,650 · 0.17%
Similar plansManufacturing · Georgia
Gfmco, LLC GA$4.7M · 0.54%
Vero Biotech Inc GA$4.6M · 0.70%
Remington Medical, Inc. GA$4.6M · 0.02%
Elixir Extrusions, LLC GA$4.5M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581443037 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.