Plan Ledger DOL Form 5500 · updated monthly

Lidestri Foods, Inc.401(k)

LIDESTRI FOODS, INC. 401(K) PLAN · FAIRPORT, NY · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Lidestri Foods, Inc. reported $145,569 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $1,249 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 3 years on file its reported administrative ratio has held roughly steady near 0.223%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,117th-largest of 5,648 plans among New York employers on file, and the 2,574th of 13,661 in manufacturing. In 2024, employees put in $3.13 for every $1.00 the employer contributed; active participation has shrunk from 1,281 to 874 since 2022.

Plan summary
Net assets, end of year$65,966,003
Participants with balances1,141
Active participants874
Employer contributions$1,091,973
Employee contributions$3,419,652
Employer contribution per active participant$1,249
Average account balance$57,814
Benefits paid to participants$12,676,978
Plan auditUnmodified (clean) audit opinion
AuditorBONADIO CO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$66.0M · 1,141 accts · $1.1M emplr
2023$64.7M · 1,280 accts · $1.3M emplr
2022$61.9M · 1,498 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$93,133
Investment management$12,436
Total administrative$145,569
The Lidestri Foods, Inc. 401(k) match · 2024
Employer contribution per active participant$1,249
Median for plans this size$3,635
2024$1,249 per active participant
2023$1,325 per active participant
2022$1,176 per active participant

Lidestri Foods, Inc.'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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$93,133
GALLAGHER FIDUCIARY ADVISORS, LLC · Consulting$40,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$12,436

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$145,569 · 0.22%
2023$151,225 · 0.24%
2022$151,123 · 0.22%
Same employer
Similar plansManufacturing · New York
Kawasaki Rail Car, Inc. NY$64.3M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161029729 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.