Plan Ledger DOL Form 5500 · updated monthly

Prime Foods, LLC401(k)

PRIME FOODS, LLC 401K PLAN · BOONVILLE, IN · plan year 2022

Reported admin expense ratio · 2022
0.00%

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

Prime Foods, LLC reported $125 in plan administrative expenses for 2022: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $860 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,310th of 1,562), and 12,179th of 13,661 in manufacturing. In 2022, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,179,919
Participants with balances57
Active participants151
Employer contributions$129,791
Employee contributions$269,591
Employer contribution per active participant$860
Average account balance$55,788
Benefits paid to participants$95,452
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS
Administrative expenses, itemized · 2022
Professional / advisory$125
Total administrative$125
The Prime Foods, LLC 401(k) match · 2022
Employer contribution per active participant$860
Median for plans this size$1,114

Prime Foods, LLC's 2022 employer contribution ran below the $1,114 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$125 · 0.00%
Similar plansManufacturing · Indiana
Rbk, Inc. IN$3.2M · 1.58%
Sigma Equipment, Inc. IN$3.1M · 0.04%
Miller Veneers, Inc. IN$3.0M · 0.55%
Ahf Industries, Inc IN$2.9M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271838495 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.