Plan Ledger DOL Form 5500 · updated monthly

Pure's Food Specialties, LLC401(k)

PURE'S FOOD SPECIALTIES 401(K) PLAN · BROADVIEW, IL · plan year 2024

Reported admin expense ratio · 2024
1.89%

Pure's Food Specialties, LLC reported $81,123 in plan administrative expenses for 2024: 1.89% of average plan assets, higher than ~90% of peers. 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 3 years on file its reported administrative ratio has held roughly steady near 1.89%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (2,936th of 3,702), and 11,105th of 13,661 in manufacturing. active participation has grown from 382 to 996 since 2022.

Plan summary
Net assets, end of year$5,189,940
Participants with balances322
Active participants996
Employer contributions—
Employee contributions$1,038,929
Employer contribution per active participant—
Average account balance$16,118
Benefits paid to participants$271,951
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 322 accts
2023$3.4M · 325 accts
2022$2.2M · 373 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,123
Total administrative$81,123
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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$77,897
BROOKE & ASSOCIATES, LLC · Contract administrator · Other services$3,225
KESTRA ADVISORY SERVICES, LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$81,123 · 1.89%
2023$56,421 · 2.03%
2022$39,706 · 1.88%
Similar plansManufacturing · Illinois
Eklind Tool Company IL$5.3M · 0.57%
Harvest Food Group IL$5.2M · 1.10%
Rack Builders, Inc. IL$5.1M · 1.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814475441 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.