Plan Ledger DOL Form 5500 · updated monthly

R&T One, Inc. (dba Irresistible Foods Group)401(k)

KING'S HAWAIIAN 401(K) PLAN · GARDENA, CA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

R&T One, Inc. (dba Irresistible Foods Group) reported $190,162 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,030 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 fell from 0.31% to 0.25%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,193rd-largest of 9,483 plans among California employers on file, and the 2,242nd of 13,661 in manufacturing. In 2024, employees put in $2.41 for every $1.00 the employer contributed; active participation has grown from 938 to 1,553 since 2022.

Plan summary
Net assets, end of year$80,367,297
Participants with balances1,875
Active participants1,553
Employer contributions$3,151,852
Employee contributions$7,596,865
Employer contribution per active participant$2,030
Average account balance$42,863
Benefits paid to participants$7,969,834
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM
Plan history3
Yearassets · accounts · employer contribution
2024$80.4M · 1,875 accts · $3.2M emplr
2023$69.2M · 1,835 accts · $3.1M emplr
2022$53.6M · 20 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$190,162
Total administrative$190,162
The R&T One, Inc. (dba Irresistible Foods Group) 401(k) match · 2024
Employer contribution per active participant$2,030
Median for plans this size$3,635
2024$2,030 per active participant
2023$2,048 per active participant
2022$2,651 per active participant

R&T One, Inc. (dba Irresistible Foods Group)'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
NFP RETIREMENT INC · 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$190,162 · 0.25%
2023$142,825 · 0.23%
2022$169,240 · 0.31%
Similar plansManufacturing · California
Sk Hynix America, Inc. CA$83.5M · 0.03%
Duckhorn Wine Company CA$82.5M · 0.24%
Stellant Systems, Inc. CA$77.8M · 0.31%
Sunrise Medical (US) LLC CA$77.5M · 0.29%
Enphase Energy, Inc. CA$76.6M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 854229454 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.