Plan Ledger DOL Form 5500 · updated monthly

Simply Good Foods USA, Inc.401(k)

SIMPLY GOOD FOODS USA, INC. 401K PROFIT SHARING PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Simply Good Foods USA, Inc. reported $146,659 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $5,417 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 0.28% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 320th-largest of 1,461 plans among Colorado employers on file, and the 3,905th of 13,661 in manufacturing. In 2024, employees put in $2.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,874,364
Participants with balances328
Active participants258
Employer contributions$1,397,477
Employee contributions$3,264,530
Employer contribution per active participant$5,417
Average account balance$112,422
Benefits paid to participants$8,559,133
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.9M · 328 accts · $1.4M emplr
2023$35.3M · 316 accts · $1.4M emplr
2022$29.8M · 318 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,816
Investment management$75,843
Total administrative$146,659
The Simply Good Foods USA, Inc. 401(k) match · 2024
Employer contribution per active participant$5,417
Median for plans this size$2,416
2024$5,417 per active participant
2023$5,307 per active participant
2022$4,926 per active participant

Simply Good Foods USA, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20244
CREATIVE PLANNING HOLDCO LLC DBA CR · Investment advisory (plan)$73,647
EMPOWER ADVISORY GROUP, LLC · Investment management$2,196
UNITED RETIREMENT INC PART OF FUTURindirect comp

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$146,659 · 0.41%
2023$94,231 · 0.29%
2022$86,041 · 0.28%
Similar plansManufacturing · Colorado
Tuff Shed, Inc. CO$52.1M · 0.00%
Standard Biotools Inc. CO$48.4M · 0.04%
Mesa Laboratories, Inc. CO$47.7M · 0.13%
Midwest Pms CO$39.2M · 0.36%
Norican Group US CO$36.2M · 0.31%
Cs Wind America, Inc. CO$34.1M · 0.40%
Lignetics, Inc. CO$33.0M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133587994 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.