Plan Ledger DOL Form 5500 · updated monthly

Rizo-Lopez Foods, Inc.401(k)

RIZO-LOPEZ FOODS, INC. 401K PROFIT SHARING PLAN AND TRUST · EMPIRE, CA · plan year 2023

Reported admin expense ratio · 2023
0.49%

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

Rizo-Lopez Foods, Inc. reported $58,918 in plan administrative expenses for 2023: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,662 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 rose from 0.76% to 0.82%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (4,755th of 9,483), and 7,713th of 13,661 in manufacturing. In 2023, employees put in $1.62 for every $1.00 the employer contributed; active participation has grown from 250 to 296 since 2022.

Plan summary
Net assets, end of year$13,003,427
Participants with balances404
Active participants296
Employer contributions$491,937
Employee contributions$795,206
Employer contribution per active participant$1,662
Average account balance$32,187
Benefits paid to participants$927,277
Plan auditUnmodified (clean) audit opinion
AuditorSCHWARTZ, GIANNINI, LANTSBERGR & A
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 179 accts · $84K emplr
2023$13.0M · 404 accts · $492K emplr
2022$10.9M · 363 accts · $380K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$35,960
Investment management$22,958
Total administrative$58,918
The Rizo-Lopez Foods, Inc. 401(k) match · 2023
Employer contribution per active participant$1,662
Median for plans this size$2,440
2024$9,284 per active participant
2023$1,662 per active participant
2022$1,520 per active participant

Rizo-Lopez Foods, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$950

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$89,381 · 0.82%
2023$58,918 · 0.49%
2022$89,800 · 0.76%
Same employer
Similar plansManufacturing · California
Sole Technology, Inc. CA$13.1M · 0.28%
Manscaped, Inc. CA$13.0M · 0.02%
Saf-T-Cab, Inc CA$13.0M · 0.10%
Micro-Mode Products, Inc. CA$13.0M · 0.11%
Kruger Foods, Inc. CA$13.0M · 0.02%
Naprotek, LLC CA$12.9M · 0.40%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 770273719 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.