Plan Ledger DOL Form 5500 · updated monthly

Sugar Foods Corp.401(k)

SUGAR FOODS CORPORATION 401(K) SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Sugar Foods Corp. reported $48,717 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,578 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 0.06% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 799th-largest of 5,648 plans among New York employers on file, and the 1,909th of 13,661 in manufacturing. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has grown from 891 to 1,022 since 2022.

Plan summary
Net assets, end of year$100,345,229
Participants with balances1,060
Active participants1,022
Employer contributions$2,634,888
Employee contributions$4,917,597
Employer contribution per active participant$2,578
Average account balance$94,665
Benefits paid to participants$10,598,103
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$100.3M · 1,060 accts · $2.6M emplr
2023$89.6M · 1,043 accts · $2.5M emplr
2022$80.4M · 1,020 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,950
Investment management$21,767
Total administrative$48,717
The Sugar Foods Corp. 401(k) match · 2024
Employer contribution per active participant$2,578
Median for plans this size$3,635
2024$2,578 per active participant
2023$2,787 per active participant
2022$2,791 per active participant

Sugar Foods Corp.'s 2024 employer contribution ran below the $3,635 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$27,013
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$21,767

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$48,717 · 0.05%
2023$52,179 · 0.06%
2022$50,746 · 0.06%
Same employer
Similar plansManufacturing · New York
Institutional Investor, LLC NY$104.1M · 0.09%
Howden USA NY$101.0M · 0.12%
Graham Corporation NY$97.7M · 0.21%
Protective Industries, Inc. NY$97.6M · 0.17%
Nissha USA, Inc. NY$97.0M · 0.04%
Derrick Corporation NY$95.6M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 111684849 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.