Plan Ledger DOL Form 5500 · updated monthly

Royal Food Service Company, Inc.401(k)

ROYAL FOOD SERVICE COMPANY, INC. 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Royal Food Service Company, Inc. reported $84,204 in plan administrative expenses for 2024: 0.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,092 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 3 years on file its reported administrative ratio has held roughly steady near 0.69%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Georgia (1,090th of 2,160), and the 461st of 2,240 in accommodation & food services. In 2024, employees put in $1.95 for every $1.00 the employer contributed; active participation has grown from 380 to 423 since 2022.

Plan summary
Net assets, end of year$12,912,459
Participants with balances209
Active participants423
Employer contributions$461,869
Employee contributions$899,174
Employer contribution per active participant$1,092
Average account balance$61,782
Benefits paid to participants$1,361,367
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 209 accts · $462K emplr
2023$11.5M · 214 accts · $418K emplr
2022$9.3M · 203 accts · $379K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$84,204
Total administrative$84,204
The Royal Food Service Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,092
Median for plans this size$2,416
2024$1,092 per active participant
2023$1,069 per active participant
2022$997 per active participant

Royal Food Service Company, Inc.'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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$78,684
PENSION FINANCIAL SERVICES, INC. · Recordkeeping · Loan processing$11,754
SBHU/MORGAN STANLEY SMITH BARNEY LL · Insurance broker · Insurance servicesindirect comp

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

Recordkeeper by year2
2024PENSION FINANCIAL SERVICES, INC., Transamerica
2023PENSION FINANCIAL SERVICES, INC., Transamerica

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

Administrative cost history3
2024$84,204 · 0.69%
2023$70,575 · 0.68%
2022$68,997 · 0.68%
Same employer
Similar plansAccommodation & Food Services · Georgia
Peachtree Hotel Group, LLC GA$18.9M · 0.62%
Tropical Smoothie Cafe, LLC GA$10.4M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582115682 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.