Plan Ledger DOL Form 5500 · updated monthly

Saval Foods Corporation401(k)

SAVAL FOODS CORPORATION 401(K) PLAN · ELKRIDGE, MD · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Saval Foods Corporation reported $48,368 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $897 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 0.17% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 768th-largest of 1,671 plans among Maryland employers on file, and 2,279th of 4,246 in wholesale trade. In 2024, employees put in $3.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,879,943
Participants with balances329
Active participants278
Employer contributions$249,266
Employee contributions$956,334
Employer contribution per active participant$897
Average account balance$48,267
Benefits paid to participants$2,392,407
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.9M · 329 accts · $249K emplr
2023$15.0M · 322 accts · $239K emplr
2022$12.5M · 288 accts · $207K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,114
Investment management$21,254
Total administrative$48,368
The Saval Foods Corporation 401(k) match · 2024
Employer contribution per active participant$897
Median for plans this size$2,416
2024$897 per active participant
2023$884 per active participant
2022$755 per active participant

Saval Foods 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
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$18,496
EMPOWER ADVISORY GROUP, LLC · Investment management$2,758

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$48,368 · 0.31%
2023$31,538 · 0.23%
2022$23,466 · 0.17%
Same employer
Similar plansWholesale Trade · Maryland
S.H. Tevis & Son Inc. MD$17.0M · 0.46%
Katcef Brothers, Inc. MD$15.8M · 0.58%
S. Freedman & Sons, Inc. MD$15.8M · 0.19%
Sfb Buck, LLC MD$15.1M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520853464 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.