Plan Ledger DOL Form 5500 · updated monthly

Romaine Empire, Inc. D/B/A Farmer's Fridge401(k)

FARMER'S FRIDGE 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Romaine Empire, Inc. D/B/A Farmer's Fridge reported $3,323 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,543 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 0.05% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (2,364th of 3,702), and 8,649th of 13,661 in manufacturing. In 2024, employees put in $2.22 for every $1.00 the employer contributed; active participation has grown from 265 to 409 since 2022.

Plan summary
Net assets, end of year$10,299,911
Participants with balances231
Active participants409
Employer contributions$631,229
Employee contributions$1,399,144
Employer contribution per active participant$1,543
Average account balance$44,588
Benefits paid to participants$1,630,414
Plan auditUnmodified (clean) audit opinion
AuditorCARON AND BLETZER PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 231 accts · $631K emplr
2023$8.5M · 226 accts · $624K emplr
2022$5.2M · 183 accts · $596K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,731
Investment management$1,592
Total administrative$3,323
The Romaine Empire, Inc. D/B/A Farmer's Fridge 401(k) match · 2024
Employer contribution per active participant$1,543
Median for plans this size$1,313
2024$1,543 per active participant
2023$1,687 per active participant
2022$2,251 per active participant

Romaine Empire, Inc. D/B/A Farmer's Fridge's 2024 employer contribution ran above the $1,313 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 · 20241

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$3,323 · 0.04%
2023$1,507 · 0.02%
2022$2,116 · 0.05%
Same employer
Similar plansManufacturing · Illinois
Preston Industries, Inc IL$10.4M · 0.04%
Larsen Manufacturing, LLC IL$10.4M · 0.22%
Maple Leaf Foods USA Inc. IL$10.4M · 0.01%
Tangent Technologies, LLC IL$10.3M · 0.60%
Colonial Bag LLC IL$10.1M · 0.61%
Novipax Buyer, LLC IL$10.1M · 0.84%
Ghp Group, Inc. IL$10.1M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364903781 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.