Plan Ledger DOL Form 5500 · updated monthly

Ridley's Food Corporation401(k)

RIDLEY'S FOOD CORPORATION 401(K) PLAN · TWIN FALLS, ID · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Ridley's Food Corporation reported $73,095 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $340 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 0.82% to 0.64%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 154th-largest of 349 plans among Idaho employers on file, and the 2,261st of 5,215 in retail trade. In 2024, employees put in $1.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,083,295
Participants with balances384
Active participants1,666
Employer contributions$566,370
Employee contributions$1,084,545
Employer contribution per active participant$340
Average account balance$31,467
Benefits paid to participants$1,802,049
Plan auditUnmodified (clean) audit opinion
AuditorCARVER FLOREK & JAMES
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 384 accts · $566K emplr
2023$10.6M · 359 accts · $366K emplr
2022$10.9M · 519 accts · $422K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,815
Investment management$34,280
Total administrative$73,095
The Ridley's Food Corporation 401(k) match · 2024
Employer contribution per active participant$340
Median for plans this size$2,416
2024$340 per active participant
2023$241 per active participant
2022$264 per active participant

Ridley's Food Corporation's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · 20243
RAYMOND JAMES & ASSOCIATES INC · Investment advisory (plan)$25,254
EMPOWER ADVISORY GROUP, LLC · Investment management$9,026

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$73,095 · 0.64%
2023$84,556 · 0.79%
2022$91,759 · 0.82%
Similar plansRetail Trade · Idaho
Vitalize, LLC ID$13.7M · 0.13%
Interstate Group LLC ID$11.3M · 0.65%
Country Supplier LLC ID$10.4M · 1.53%
Rogers Motors, Inc. ID$10.3M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820419791 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.