Plan Ledger DOL Form 5500 · updated monthly

Tripifoods, Inc.401(k)

TRIPIFOODS INC. 401K SAVINGS PLAN · BUFFALO, NY · plan year 2022

Reported admin expense ratio · 2022
0.02%

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

Tripifoods, Inc. reported $1,300 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $503 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New York (4,380th of 5,648), and 3,570th of 4,246 in wholesale trade. In 2022, employees put in $3.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,523,252
Participants with balances79
Active participants99
Employer contributions$49,751
Employee contributions$193,295
Employer contribution per active participant$503
Average account balance$69,915
Benefits paid to participants$713,498
Plan auditUnmodified (clean) audit opinion
AuditorFREED MAXICK CPAS, PC
Administrative expenses, itemized · 2022
Investment management$1,300
Total administrative$1,300
The Tripifoods, Inc. 401(k) match · 2022
Employer contribution per active participant$503
Median for plans this size$1,114

Tripifoods, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,300 · 0.02%
All plans at this employer2
TRIPIFOODS, INC. DEFERRED PROFIT SHARING PLANProfit-sharing plan
TRIPIFOODS INC. 401K SAVINGS PLAN401(k)
Similar plansWholesale Trade · New York
Sam Tell & Son, Inc. NY$5.9M · 0.68%
Railex Wine Services, LLC NY$5.9M · 0.04%
Bestway Enterprises, Inc. NY$5.8M · 0.31%
Hamilton News Co., Inc NY$5.7M · 0.58%
D. Bertoline & Sons Inc. NY$5.3M · 0.37%
E & V Energy Corporation NY$5.0M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160665880 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.