Plan Ledger DOL Form 5500 · updated monthly

Thinkfoodgroup, LLC401(k)

THINKFOODGROUP, LLC 401(K) PROFIT SHARING PLAN & TRUST · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
1.17%

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

Thinkfoodgroup, LLC reported $104,308 in plan administrative expenses for 2024: 1.17% of average plan assets, higher than ~75% of peers. Employer contributions averaged $38 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 1.37% to 1.17%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in District of Columbia (449th of 618), and the 581st of 2,240 in accommodation & food services. In 2024, employees put in $8.49 for every $1.00 the employer contributed; active participation has grown from 1,179 to 3,629 since 2022.

Plan summary
Net assets, end of year$9,531,464
Participants with balances374
Active participants3,629
Employer contributions$139,691
Employee contributions$1,185,976
Employer contribution per active participant$38
Average account balance$25,485
Benefits paid to participants$741,198
Plan auditUnmodified (clean) audit opinion
AuditorCOHN REZNICK
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 374 accts · $140K emplr
2023$8.2M · 458 accts · $250K emplr
2022$6.2M · 447 accts · $162K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,207
Investment management$69,101
Total administrative$104,308
The Thinkfoodgroup, LLC 401(k) match · 2024
Employer contribution per active participant$38
Median for plans this size$1,313
2024$38 per active participant
2023$158 per active participant
2022$137 per active participant

Thinkfoodgroup, LLC's 2024 employer contribution ran below the $1,313 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 · 20243
UBS FINANCIAL SERVICES, INC. · Recordkeeping · Pension consulting$69,101
ADP, INC. · Loan processing · Recordkeeping$35,206
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, UBS
2023ADP, Bank of America / Merrill, UBS

This plan has changed recordkeepers within these filings. If you left Thinkfoodgroup, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$104,308 · 1.17%
2023$34,260 · 0.47%
2022$87,443 · 1.37%
Same employer
Similar plansAccommodation & Food Services · District of Columbia
Rb Properties, Inc. DC$6.6M · 0.95%
International Spy Museum DC$6.5M · 0.01%
Placemakr, Inc DC$5.2M · 0.58%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 205227635 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.