Plan Ledger DOL Form 5500 · updated monthly

Sk Food Group, Inc.401(k)

PB U.S. AFFILIATES RETIREMENT SAVINGS PLAN · TOLLESON, AZ · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Sk Food Group, Inc. reported $127,169 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $767 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 fell from 0.38% to 0.30%. 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 201st-largest of 1,285 plans among Arizona employers on file, and the 3,258th of 13,661 in manufacturing. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has grown from 2,553 to 3,260 since 2022.

Plan summary
Net assets, end of year$47,870,447
Participants with balances1,247
Active participants3,260
Employer contributions$2,500,224
Employee contributions$4,665,215
Employer contribution per active participant$767
Average account balance$38,388
Benefits paid to participants$3,690,582
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.9M · 1,247 accts · $2.5M emplr
2023$38.2M · 1,281 accts · $2.6M emplr
2022$27.6M · 1,110 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$127,169
Total administrative$127,169
The Sk Food Group, Inc. 401(k) match · 2024
Employer contribution per active participant$767
Median for plans this size$2,416
2024$767 per active participant
2023$889 per active participant
2022$771 per active participant

Sk Food Group, 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$127,169

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$127,169 · 0.30%
2023$103,159 · 0.31%
2022$108,543 · 0.38%
Same employer
Similar plansManufacturing · Arizona
Modern Industries, Inc. AZ$51.1M · 0.07%
Align Precision Corp. AZ$50.9M · 0.59%
United Dairymen of Arizona AZ$49.2M · 0.26%
Isagenix International LLC AZ$43.7M · 0.10%
Jx Metals USA, Inc AZ$38.9M · 0.04%
Smarthealth, Inc. AZ$35.9M · 0.12%
Tpi Composites, Inc. AZ$34.0M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273674322 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.