Plan Ledger DOL Form 5500 · updated monthly

Maschio's Food Services, Inc.401(k)

MASCHIO'S FOOD SERVICE, INC. 401(K) PLAN · CHESTER, NJ · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Maschio's Food Services, Inc. reported $29,417 in plan administrative expenses for 2024: 0.81% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.53% to 0.81%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New Jersey (1,984th of 2,419), and the 1,059th of 2,240 in accommodation & food services. active participation has grown from 107 to 975 since 2022.

Plan summary
Net assets, end of year$3,769,451
Participants with balances161
Active participants975
Employer contributions$0
Employee contributions$412,981
Employer contribution per active participant$0
Average account balance$23,413
Benefits paid to participants$567,356
Plan auditUnmodified (clean) audit opinion
AuditorSAX LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 161 accts
2023$3.5M · 109 accts · $18K emplr
2022$2.8M · 113 accts · $17K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,390
Investment management$9,027
Total administrative$29,417
The Maschio's Food Services, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313
2023$25 per active participant
2022$163 per active participant

Maschio's Food Services, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping$20,390
CHADLER INVESTMENT ADVISOR · Investment advisory (plan)$9,027

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$29,417 · 0.81%
2023$16,680 · 0.53%
2022Not separately reported
Similar plansAccommodation & Food Services · New Jersey
Davis Enterprises NJ$3.7M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223188950 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.