Plan Ledger DOL Form 5500 · updated monthly

Park 100 Foods, Inc.401(k)

PARK 100 FOODS 401(K) SAVINGS PLAN · TIPTON, IN · plan year 2023

Reported admin expense ratio · 2023
0.18%

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

Park 100 Foods, Inc. reported $32,997 in plan administrative expenses for 2023: 0.18% of average plan assets, below the peer median. Employer contributions averaged $1,502 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 0.19% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 567th-largest of 1,562 plans among Indiana employers on file, and the 5,929th of 13,661 in manufacturing. In 2023, employees put in $1.90 for every $1.00 the employer contributed; active participation has shrunk from 489 to 439 since 2022.

Plan summary
Net assets, end of year$20,032,291
Participants with balances259
Active participants439
Employer contributions$659,386
Employee contributions$1,253,418
Employer contribution per active participant$1,502
Average account balance$77,345
Benefits paid to participants$948,637
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$15.0M · 261 accts · $663K emplr
2023$20.0M · 259 accts · $659K emplr
2022$16.8M · 258 accts · $627K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$8,997
Investment management$24,000
Total administrative$32,997
The Park 100 Foods, Inc. 401(k) match · 2023
Employer contribution per active participant$1,502
Median for plans this size$2,440
2024$1,286 per active participant
2023$1,502 per active participant
2022$1,282 per active participant

Park 100 Foods, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
SHEPHERD FINANCIAL INVEST. ADVISORY · Recordkeeping · Trustee$24,000
ADP, INC. · Loan processing · Recordkeeping$8,997

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

Recordkeeper by year2
2024ADP, SHEPHERD FINANCIAL INVEST. ADVISORY
2023ADP, SHEPHERD FINANCIAL INVEST. ADVISORY

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Administrative cost history4
2025Not separately reported
2024$36,721 · 0.21%
2023$32,997 · 0.18%
2022$34,381 · 0.19%
Same employer
Similar plansManufacturing · Indiana
Atlas Die, LLC IN$20.9M · 0.40%
Pk U.S.A. Inc. IN$20.7M · 0.02%
Khorporate Holdings, Inc. IN$19.3M · 0.25%
Thermwood Corporation IN$19.0M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351358668 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.