Plan Ledger DOL Form 5500 · updated monthly

Lopez Food, Inc.401(k)

LOPEZ-DORADA 401(K) PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Lopez Food, Inc. reported $187,444 in plan administrative expenses for 2024: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,016 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 rose from 0.26% to 0.29%. 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 82nd-largest of 724 plans among Oklahoma employers on file, and the 2,562nd of 13,661 in manufacturing. In 2024, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$66,333,601
Participants with balances1,756
Active participants1,469
Employer contributions$2,961,940
Employee contributions$4,599,413
Employer contribution per active participant$2,016
Average account balance$37,775
Benefits paid to participants$9,728,620
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$66.3M · 1,756 accts · $3.0M emplr
2023$62.7M · 1,688 accts · $2.6M emplr
2022$53.9M · 1,601 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$187,444
Total administrative$187,444
The Lopez Food, Inc. 401(k) match · 2024
Employer contribution per active participant$2,016
Median for plans this size$3,635
2024$2,016 per active participant
2023$1,684 per active participant
2022$1,614 per active participant

Lopez Food, Inc.'s 2024 employer contribution ran below the $3,635 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
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$186,960

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$187,444 · 0.29%
2023$176,636 · 0.30%
2022$149,306 · 0.26%
Same employer
Similar plansManufacturing · Oklahoma
Kimray, Inc. OK$99.5M · 2.17%
The Bama Companies, Inc. OK$78.2M · 0.31%
Gemini Industries, Inc. OK$76.3M · 0.10%
McElroy Manufacturing, Inc. OK$64.8M · 0.09%
Cfs Brands LLC OK$63.3M · 0.14%
W&W-Afco Steel LLC OK$62.2M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731348891 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.