Plan Ledger DOL Form 5500 · updated monthly

Natural Choice Foods, Inc.401(k)

NATURAL CHOICE FOODS 401(K) PLAN · MARNE, MI · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Natural Choice Foods, Inc. reported $4,417 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,878 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 0.01% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Michigan (1,858th of 2,619), and 3,443rd of 4,246 in wholesale trade. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has grown from 173 to 195 since 2022.

Plan summary
Net assets, end of year$6,351,373
Participants with balances246
Active participants195
Employer contributions$366,258
Employee contributions$636,644
Employer contribution per active participant$1,878
Average account balance$25,819
Benefits paid to participants$506,553
Plan auditUnmodified (clean) audit opinion
AuditorHUNGERFORD
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 246 accts · $366K emplr
2023$5.2M · 224 accts · $315K emplr
2022$3.6M · 195 accts · $260K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,417
Total administrative$4,417
The Natural Choice Foods, Inc. 401(k) match · 2024
Employer contribution per active participant$1,878
Median for plans this size$1,313
2024$1,878 per active participant
2023$1,641 per active participant
2022$1,505 per active participant

Natural Choice Foods, Inc.'s 2024 employer contribution ran above the $1,313 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
THE VANGUARD GROUP, INC. · Recordkeeping$4,417

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$4,417 · 0.08%
2023$3,170 · 0.07%
2022$526 · 0.01%
Same employer
Similar plansWholesale Trade · Michigan
Merle Boes, Inc MI$7.0M · 0.72%
Coyne Staffing LLC MI$6.6M · 0.93%
Joint Board of Trustees MI$6.1M · 1.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383355157 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.