Plan Ledger DOL Form 5500 · updated monthly

Mapes Food Services, Inc401(k)

MAPES FOOD SERVICES, INC 401(K) PLAN · ALLENTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
6.35%

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

Mapes Food Services, Inc reported $3,570 in plan administrative expenses for 2024: 6.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $98 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 1,109 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Pennsylvania (3,636th of 3,651), and 4,231st of 4,246 in wholesale trade. In 2024, employees put in $1.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$56,213
Participants with balances175
Active participants232
Employer contributions$22,747
Employee contributions$34,664
Employer contribution per active participant$98
Average account balance$321
Benefits paid to participants$736
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,563
Investment management$7
Total administrative$3,570
The Mapes Food Services, Inc 401(k) match · 2024
Employer contribution per active participant$98
Median for plans this size$540

Mapes Food Services, Inc's 2024 employer contribution ran below the $540 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
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$3,338
TRANSAMERICA FIN. LIFE INSURANCE CO · Recordkeeping · Loan processing$225
LPL FINANCIAL CORPORATION · Investment advisory (plan)$7

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

Administrative cost history1
2024$3,570 · 6.35%
Similar plansWholesale Trade · Pennsylvania
Grimm Industries, Inc. PA$2.0M · 0.94%
Kegel's Produce, Inc. PA$1.5M · 0.07%
Machell Management PA$908K · 1.42%
Minka Lighting, Inc. CA$66K · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261484927 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.