Plan Ledger DOL Form 5500 · updated monthly

Upfield US Inc401(k)

UPFIELD US INC SAVINGS PLAN · HACKENSACK, NJ · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Upfield US Inc reported $82,372 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $9,498 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 0.40% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 855th-largest of 2,419 plans among New Jersey employers on file, and the 4,644th of 13,661 in manufacturing. In 2024, employees put in $1.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,647,661
Participants with balances326
Active participants255
Employer contributions$2,421,946
Employee contributions$2,760,671
Employer contribution per active participant$9,498
Average account balance$87,876
Benefits paid to participants$2,201,873
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.6M · 326 accts · $2.4M emplr
2023$22.3M · 371 accts · $2.4M emplr
2022$15.0M · 326 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,372
Total administrative$82,372
The Upfield US Inc 401(k) match · 2024
Employer contribution per active participant$9,498
Median for plans this size$2,416
2024$9,498 per active participant
2023$8,302 per active participant
2022$8,873 per active participant

Upfield US Inc's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$82,278
CHARLES SCHWAB · Custodial (securities)indirect 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
2024The Standard
2023The Standard

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

Administrative cost history3
2024$82,372 · 0.32%
2023$54,142 · 0.29%
2022$58,199 · 0.40%
Same employer
Similar plansManufacturing · New Jersey
J-Star Research, Inc. NJ$28.7M · 0.02%
Amarin Pharma Inc. NJ$28.5M · 0.41%
Asbury Carbons, Inc. NJ$28.1M · 0.25%
Siegfried (USA), LLC NJ$27.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473837125 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.