Plan Ledger DOL Form 5500 · updated monthly

Oak Point Fresh Market, LLC401(k)

OAK POINT FRESH MARKET 401(K) PLAN · WATSON, LA · plan year 2022

Reported admin expense ratio · 2022
1.48%

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

Oak Point Fresh Market, LLC reported $10,862 in plan administrative expenses for 2022: 1.48% of average plan assets, above the peer median. Employer contributions averaged $388 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 Louisiana (837th of 884), and 5,011th of 5,215 in retail trade. In 2022, employees put in $3.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$758,959
Participants with balances72
Active participants124
Employer contributions$48,132
Employee contributions$184,647
Employer contribution per active participant$388
Average account balance$10,541
Benefits paid to participants$33,656
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$10,862
Total administrative$10,862
The Oak Point Fresh Market, LLC 401(k) match · 2022
Employer contribution per active participant$388
Median for plans this size$331

Oak Point Fresh Market, LLC's 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$10,862 · 1.48%
Similar plansRetail Trade · Louisiana
Spoonbill Ventures, LLC LA$1.5M · 1.89%
Kenyan Enterprises LA$1.1M · 1.01%
Fast Break of Oregon, LLC OR$774K · 0.88%
US Patriot, LLC SC$769K · 0.70%
The Dingman Group, Inc. FL$766K · 0.32%
Sarchione Auto Group, LTD OH$764K · 1.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203040519 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.