Plan Ledger DOL Form 5500 · updated monthly

Superior Foods Company401(k)

SUPERIOR FOODS COMPANY 401K PROFIT SHARING PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Superior Foods Company reported $35,559 in plan administrative expenses for 2024: 0.53% of average plan assets, above the peer median. Employer contributions averaged $955 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 3 years on file its reported administrative ratio has held roughly steady near 0.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Michigan (1,776th of 2,619), and 3,336th of 4,246 in wholesale trade. In 2024, employees put in $2.22 for every $1.00 the employer contributed; active participation has grown from 268 to 332 since 2022.

Plan summary
Net assets, end of year$7,144,405
Participants with balances161
Active participants332
Employer contributions$317,118
Employee contributions$705,295
Employer contribution per active participant$955
Average account balance$44,375
Benefits paid to participants$929,482
Plan auditUnmodified (clean) audit opinion
AuditorMONROE SWEERIS & TROMP PLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 161 accts · $317K emplr
2023$6.2M · 180 accts · $286K emplr
2022$4.7M · 154 accts · $251K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,559
Total administrative$35,559
The Superior Foods Company 401(k) match · 2024
Employer contribution per active participant$955
Median for plans this size$1,313
2024$955 per active participant
2023$964 per active participant
2022$937 per active participant

Superior Foods Company'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 · 20243
THE VANGUARD GROUP, INC. · Recordkeeping$16,250
LPL FINANCIAL RPCP · Investment advisory (plan)$13,178
KDP RETIREMENT PLAN SERVICES, INC. · Contract administrator$10,931

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$35,559 · 0.53%
2023$30,182 · 0.55%
2022$27,820 · 0.55%
Same employer
Similar plansWholesale Trade · Michigan
Camelot Venture Group LLC MI$9.0M · 0.03%
Streetcar Orv LLC MI$8.9M · 0.55%
Dale L. Prentice Co. MI$8.6M · 0.14%
Merle Boes, Inc MI$7.0M · 0.72%
Coyne Staffing LLC MI$6.6M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382427555 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.