Plan Ledger DOL Form 5500 · updated monthly

Seviroli Foods, LLC401(k)

SEVIROLI FOODS 401(K) PROFIT SHARING PLAN · GARDEN CITY, NY · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Seviroli Foods, LLC reported $10,897 in plan administrative expenses for 2024: 0.17% of average plan assets, lower than ~75% of peers. Employer contributions averaged $750 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.

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 New York (4,198th of 5,648), and 10,480th of 13,661 in manufacturing. In 2024, employees put in $9.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,395,159
Participants with balances138
Active participants115
Employer contributions$86,301
Employee contributions$778,630
Employer contribution per active participant$750
Average account balance$46,342
Benefits paid to participants$1,251,435
Plan auditUnmodified (clean) audit opinion
AuditorBORIS BENIC & ASSOCIATES LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,897
Total administrative$10,897
The Seviroli Foods, LLC 401(k) match · 2024
Employer contribution per active participant$750
Median for plans this size$1,313

Seviroli Foods, LLC's 2024 employer contribution ran below 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 · 20244
MORGAN STANLEY · Investment advisory (plan)$7,106
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$3,791
SBHU LIFE AGENCY INC · Other servicesindirect comp
THE BENEFIT PRACTICE · Contract administrator · Other servicesindirect comp

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

Administrative cost history1
2024$10,897 · 0.17%
Similar plansManufacturing · New York
Dvf Studio, LLC NY$6.7M · 0.91%
Levain Bakery, Inc. NY$6.4M · 0.90%
Aakron Rule Corporation NY$6.4M · 0.80%
Haakon Industries, Inc. NY$6.4M · 1.27%
Costanzo's Bakery, LLC NY$6.4M · 0.56%
J.M. Haley Corp. NY$6.3M · 0.38%
Deiorio Foods, Inc. NY$6.1M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812608502 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.