Plan Ledger DOL Form 5500 · updated monthly

Ofd Foods, LLC dba Oregon Freeze Dr401(k)

OFD FOODS 401(K) PLAN · ALBANY, OR · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Ofd Foods, LLC dba Oregon Freeze Dr reported $91,561 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $1,168 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 0.17% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 327th-largest of 1,021 plans among Oregon employers on file, and the 5,225th of 13,661 in manufacturing. In 2024, employees put in $2.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,266,347
Participants with balances600
Active participants516
Employer contributions$602,867
Employee contributions$1,711,671
Employer contribution per active participant$1,168
Average account balance$40,444
Benefits paid to participants$3,571,197
Plan auditUnmodified (clean) audit opinion
AuditorKERNUTT STOKES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$24.3M · 600 accts · $603K emplr
2023$23.1M · 318 accts · $452K emplr
2022$20.0M · 344 accts · $460K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,327
Investment management$41,284
Total administrative$91,561
The Ofd Foods, LLC dba Oregon Freeze Dr 401(k) match · 2024
Employer contribution per active participant$1,168
Median for plans this size$2,416
2024$1,168 per active participant
2023$909 per active participant
2022$822 per active participant

Ofd Foods, LLC dba Oregon Freeze Dr's 2024 employer contribution ran below the $2,416 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
MILLIMAN, INC. · Recordkeeping · Consulting$49,327
EMBREE FINANCIAL GROUP · Investment advisory (plan)$32,026
MERRILL LYNCH · Investment advisory (plan)$9,258
CHARLES SCHWAB & CO., INC. · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024Milliman
2023Milliman

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Administrative cost history3
2024$91,561 · 0.39%
2023$59,607 · 0.28%
2022$37,748 · 0.17%
Same employer
Similar plansManufacturing · Oregon
Benchmade Knife Co., Inc. OR$26.0M · 0.04%
Kai USA LTD OR$24.0M · 0.06%
Nexgen Team, LLC OR$23.8M · 0.31%
Calbag Metals Company OR$23.4M · 0.13%
Powin Energy Operating LLC OR$23.1M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431121507 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.