Plan Ledger DOL Form 5500 · updated monthly

Madison Food Corp.401(k)

MADISON FOOD 401(K) PLAN · BROCKTON, MA · plan year 2022

Reported admin expense ratio · 2022
0.47%

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

Madison Food Corp. reported $1,637 in plan administrative expenses for 2022: 0.47% of average plan assets, below the peer median. Employer contributions averaged $720 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Massachusetts (2,693rd of 2,726), and 5,092nd of 5,215 in retail trade. In 2022, employees put in $1.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$346,964
Participants with balances44
Active participants158
Employer contributions$113,806
Employee contributions$219,959
Employer contribution per active participant$720
Average account balance$7,886
Benefits paid to participants$8,331
Plan auditUnmodified (clean) audit opinion
AuditorSULLIVAN AND FOLAN, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,020
Investment management$617
Total administrative$1,637
The Madison Food Corp. 401(k) match · 2022
Employer contribution per active participant$720
Median for plans this size$331

Madison Food Corp.'s 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,637 · 0.47%
Similar plansRetail Trade · Massachusetts
Berkshire Roots, Inc MA$861K · 0.35%
Pride Management, LLC MA$691K · 0.12%
Canna Provisions, Inc. MA$505K · 0.42%
Choura Events CA$368K · 1.08%
Karl Tyler Chevrolet MT$362K · 0.06%
Fresh Foods LLC NC$354K · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043321080 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.