Plan Ledger DOL Form 5500 · updated monthly

Roland Foods, LLC401(k)

ROLAND FOODS, LLC RETIREMENT BENEFIT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Roland Foods, LLC reported $100,416 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,366 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 0.08% to 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,783rd-largest of 5,648 plans among New York employers on file, and the 6,623rd of 13,661 in manufacturing. In 2024, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,750,898
Participants with balances258
Active participants161
Employer contributions$541,869
Employee contributions$1,238,799
Employer contribution per active participant$3,366
Average account balance$64,926
Benefits paid to participants$2,343,143
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.8M · 258 accts · $542K emplr
2023$15.0M · 254 accts · $362K emplr
2022$13.0M · 244 accts · $335K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,392
Investment management$59,762
Audit (IQPA)$25,200
Total administrative$100,416
The Roland Foods, LLC 401(k) match · 2024
Employer contribution per active participant$3,366
Median for plans this size$2,416
2024$3,366 per active participant
2023$2,320 per active participant
2022$2,233 per active participant

Roland Foods, LLC's 2024 employer contribution ran above the $2,416 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 · 20246
BSM CONSULTING GROUP LTD · Investment advisory (plan)$42,000
MCGLADREY LLP · Accounting / audit$25,200
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$17,762
PROSPERA FINANCIAL SERVICES INC$12,371
JPMORGAN INVEST HOLDINGS LLC$2,392
M FINANCIAL SECURITIES MARKETING INindirect 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$100,416 · 0.63%
2023$45,221 · 0.32%
2022$10,773 · 0.08%
Similar plansManufacturing · New York
Transonic Systems Inc. NY$17.5M · 0.01%
Adaptec Solutions, LLC NY$16.7M · 0.15%
Hammer Packaging Corp. NY$16.5M · 0.07%
Comfort Window Co., Inc. NY$16.4M · 0.41%
Roberts Gordon LLC NY$16.3M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135371294 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.