Plan Ledger DOL Form 5500 · updated monthly

Valley Fine Foods Company, Inc.401(k)

VALLEY FINE FOODS 401K · BENICIA, CA · plan year 2024

Reported admin expense ratio · 2024
0.91%

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

Valley Fine Foods Company, Inc. reported $111,503 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,196 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 rose from 0.86% to 0.91%. 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 4,712th-largest of 9,483 plans among California employers on file, and 7,646th of 13,661 in manufacturing. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has grown from 328 to 366 since 2022.

Plan summary
Net assets, end of year$13,214,651
Participants with balances171
Active participants366
Employer contributions$437,701
Employee contributions$907,186
Employer contribution per active participant$1,196
Average account balance$77,279
Benefits paid to participants$1,038,732
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.2M · 171 accts · $438K emplr
2023$11.2M · 173 accts · $381K emplr
2022$8.9M · 170 accts · $381K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,456
Investment management$48,047
Total administrative$111,503
The Valley Fine Foods Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,196
Median for plans this size$2,416
2024$1,196 per active participant
2023$1,041 per active participant
2022$1,162 per active participant

Valley Fine Foods Company, Inc.'s 2024 employer contribution ran below the $2,416 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
JOHN HANCOCK LIFE INSURANCE · Recordkeeping$3,044
MERRILL LYNCH - EPS · Investment advisory (participants)$24,024
MERRILL LYNCH - FAS · Investment advisory (participants)$24,024

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$111,503 · 0.91%
2023$90,336 · 0.90%
2022$79,915 · 0.86%
Same employer
Similar plansManufacturing · California
Perfect 85 Degrees C, Inc. CA$13.5M · 0.58%
Hasa, Inc. CA$13.4M · 0.43%
Caco Pacific Corporation CA$13.3M · 0.02%
Danco Anodizing, Inc CA$13.1M · 0.62%
Sonendo, Inc. CA$13.1M · 0.06%
Sole Technology, Inc. CA$13.1M · 0.28%
Manscaped, Inc. CA$13.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911848643 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.