Plan Ledger DOL Form 5500 · updated monthly

Savino Del Bene USA, Inc.401(k)

SAVINO DEL BENE USA, INC. 401(K) PROFIT SHARING PLAN · AVENEL, NJ · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Savino Del Bene USA, Inc. reported $111,304 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $1,374 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 0.457%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 894th-largest of 2,419 plans among New Jersey employers on file, and the 605th of 2,677 in transportation & warehousing. In 2024, employees put in $3.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,687,674
Participants with balances642
Active participants518
Employer contributions$711,754
Employee contributions$2,221,601
Employer contribution per active participant$1,374
Average account balance$41,570
Benefits paid to participants$2,176,426
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.7M · 642 accts · $712K emplr
2023$22.0M · 686 accts · $760K emplr
2022$16.5M · 596 accts · $624K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,760
Investment management$35,544
Total administrative$111,304
The Savino Del Bene USA, Inc. 401(k) match · 2024
Employer contribution per active participant$1,374
Median for plans this size$2,416
2024$1,374 per active participant
2023$1,372 per active participant
2022$1,238 per active participant

Savino Del Bene USA, Inc.'s 2024 employer contribution ran below 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$75,760
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$35,543
ADP BROKER-DEALERindirect 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
2024ADP, GLOBAL RETIREMENT PARTNERS
2023ADP, GLOBAL RETIREMENT PARTNERS

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

Administrative cost history3
2024$111,304 · 0.46%
2023$92,923 · 0.48%
2022$84,901 · 0.46%
Same employer
Similar plansTransportation & Warehousing · New Jersey
Dana Transport Inc. NJ$31.4M · 0.26%
Grocery Haulers, Inc. NJ$28.8M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113402863 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.