Plan Ledger DOL Form 5500 · updated monthly

Newly Weds Food, Inc.401(k)

NEWLY WEDS FOODS, INC. CASH ACCUMULATION PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Newly Weds Food, Inc. reported $77,674 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $3 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 fell from 0.08% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 517th-largest of 3,702 plans among Illinois employers on file, and the 1,761st of 13,661 in manufacturing. In 2024, employees put in $839.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$111,328,904
Participants with balances1,154
Active participants2,915
Employer contributions$9,249
Employee contributions$7,760,826
Employer contribution per active participant$3
Average account balance$96,472
Benefits paid to participants$8,124,280
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$111.3M · 1,154 accts · $9K emplr
2023$98.7M · 1,194 accts
2022$82.3M · 1,166 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,629
Investment management$375
Audit (IQPA)$24,708
Total administrative$77,674
The Newly Weds Food, Inc. 401(k) match · 2024
Employer contribution per active participant$3
Median for plans this size$3,635

Newly Weds Food, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20244
T ROWE PRICE RPS INC · Recordkeeping · Trustee$20,629
RSM US LLP · Accounting / audit$24,708
HARVEST INVESTMENT SERVICES LLC · Consulting · Investment advisory (plan)$20,625
GREAT GRAY TRUST COMPANY, LLC · Consulting$6,750

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$77,674 · 0.07%
2023$71,941 · 0.08%
2022$77,020 · 0.08%
Same employer
Similar plansManufacturing · Illinois
Osi Industries, LLC IL$114.1M · 0.27%
Arjo Inc. IL$112.6M · 0.07%
The Azek Group LLC IL$109.9M · 0.31%
Titan International, Inc. IL$108.5M · 0.19%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 361546460 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.