Plan Ledger DOL Form 5500 · updated monthly

Lotito Foods Holding, LLC401(k)

LOTITO FOODS HOLDING, LLC 401(K) PLAN · EDISON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Lotito Foods Holding, LLC reported $4,919 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $4,131 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 0.16% to 0.50%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New Jersey (2,191st of 2,419), and 13,111th of 13,661 in manufacturing. In 2024, the employer put in $3.32 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,381,241
Participants with balances159
Active participants168
Employer contributions$694,004
Employee contributions$209,231
Employer contribution per active participant$4,131
Average account balance$8,687
Benefits paid to participants$179,030
Plan auditUnmodified (clean) audit opinion
AuditorCITRIN COOPERMAN & CO LLP
Plan history2
Yearassets · accounts · employer contribution
2024$1.4M · 159 accts · $694K emplr
2023$575K · 159 accts · $407K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,919
Total administrative$4,919
The Lotito Foods Holding, LLC 401(k) match · 2024
Employer contribution per active participant$4,131
Median for plans this size$540
2024$4,131 per active participant
2023$2,575 per active participant

Lotito Foods Holding, LLC's 2024 employer contribution ran above the $540 median for plans its size, placing it in the top 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$4,919
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history2
2024$4,919 · 0.50%
2023$910 · 0.16%
Same employer
Similar plansManufacturing · New Jersey
Pcs Wireless NJ$1.9M · 0.54%
Ruggiero Seafood, Inc. NJ$1.8M · 1.01%
Orthofeet, Inc. NJ$1.1M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812774905 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.