Plan Ledger DOL Form 5500 · updated monthly

Request Foods, Inc.401(k)

REQUEST FOODS, INC. PROFIT SHARING AND SAVINGS · HOLLAND, MI · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Request Foods, Inc. reported $222,584 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $4,719 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 5 years on file its reported administrative ratio rose from 0.17% to 0.20%. 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 238th-largest of 2,619 plans among Michigan employers on file, and the 1,652nd of 13,661 in manufacturing. In 2024, employees put in $1.01 for every $1.00 the employer contributed; active participation has grown from 892 to 1,108 since 2019.

Plan summary
Net assets, end of year$120,797,591
Participants with balances1,298
Active participants1,108
Employer contributions$5,228,969
Employee contributions$5,265,806
Employer contribution per active participant$4,719
Average account balance$93,064
Benefits paid to participants$7,511,333
Plan auditUnmodified (clean) audit opinion
AuditorVANDERPLOEG, BERGAKKER & ASSOCIATE
Plan history4
Yearassets · accounts · employer contribution
2024$120.8M · 1,298 accts · $5.2M emplr
2023$104.5M · 1,297 accts · $5.0M emplr
2022$83.3M · 1,298 accts · $4.6M emplr
2019$71.8M · 1,041 accts · $4.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$124,927
Investment management$84,387
Total administrative$222,584
The Request Foods, Inc. 401(k) match · 2024
Employer contribution per active participant$4,719
Median for plans this size$3,635
2024$4,719 per active participant
2023$4,813 per active participant
2022$4,491 per active participant
2019$4,549 per active participant

Request Foods, Inc.'s 2024 employer contribution ran above 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 · 20244
STIFEL NICOLAUS & CO INC · Investment advisory (plan)$79,724
VANDER PLOEG BERGAAKER & ASSOCIATES$13,270
ADVISED ASSETS GROUP, LLC · Investment management$4,663

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

Administrative cost history4
2024$222,584 · 0.20%
2023$202,817 · 0.22%
2022$173,356 · 0.22%
2019$121,256 · 0.17%
Same employer
Similar plansManufacturing · Michigan
Veoneer US, LLC. MI$123.5M · 0.04%
Martinrea Industries, Inc. MI$121.1M · 0.35%
Trimas Corporation MI$121.1M · 0.12%
Gestamp North America, Inc. MI$119.2M · 0.45%
Graham Health Services, LLC MI$117.3M · 0.42%
Summit Polymers, Inc. MI$116.7M · 0.03%
Landscape Forms, Inc. MI$113.0M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382908992 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.