Plan Ledger DOL Form 5500 · updated monthly

Snyder's Gateway, Inc.401(k)

SNYDER'S GATEWAY, INC. 401(K) SAVINGS PLAN · BREEZEWOOD, PA · plan year 2023

Reported admin expense ratio · 2023
1.11%

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

Snyder's Gateway, Inc. reported $30,644 in plan administrative expenses for 2023: 1.11% of average plan assets, higher than ~75% of peers. Employer contributions averaged $566 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 1.05% to 1.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Pennsylvania (3,177th of 3,651), and 4,342nd of 5,215 in retail trade. In 2023, employees put in $5.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,026,354
Participants with balances105
Active participants101
Employer contributions$57,129
Employee contributions$285,626
Employer contribution per active participant$566
Average account balance$28,822
Benefits paid to participants$197,571
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.5M · 47 accts · $34K emplr
2023$3.0M · 105 accts · $57K emplr
2022$2.5M · 103 accts · $55K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$19,141
Investment management$11,503
Total administrative$30,644
The Snyder's Gateway, Inc. 401(k) match · 2023
Employer contribution per active participant$566
Median for plans this size$1,308
2024$1,096 per active participant
2023$566 per active participant
2022$560 per active participant

Snyder's Gateway, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$16,560
LEGACY ADVISORS LLC · Investment advisory (participants)$10,955

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$36,651 · 1.32%
2023$30,644 · 1.11%
2022$27,052 · 1.05%
Similar plansRetail Trade · Pennsylvania
Ancillare LP PA$3.1M · 0.75%
D'Ambrosio's Dodge, Inc. PA$3.1M · 1.19%
Alarm Connections LLC PA$3.1M · 0.78%
Supersale Corporation PA$3.0M · 0.90%
Weaver Markets, Inc. PA$2.9M · 0.08%
Wilson Brown Motors Inc PA$2.9M · 1.58%
Rothrock Motor Sales PA$2.8M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231585029 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.