Plan Ledger DOL Form 5500 · updated monthly

West Side Foods, Inc.401(k)

WEST SIDE FOODS, INC. SAVINGS AND PROTECTION PLAN · BRONX, NY · plan year 2023

Reported admin expense ratio · 2023
0.27%

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

West Side Foods, Inc. reported $86,378 in plan administrative expenses for 2023: 0.27% of average plan assets, below the peer median. Employer contributions averaged $3,310 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 1 year on file its reported administrative ratio rose from 0.23% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,788th-largest of 5,648 plans among New York employers on file, and the 1,195th of 4,246 in wholesale trade. In 2023, employees put in $2.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,313,315
Participants with balances112
Active participants139
Employer contributions$460,132
Employee contributions$1,164,064
Employer contribution per active participant$3,310
Average account balance$306,369
Benefits paid to participants$2,855,616
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$34.3M · 112 accts · $460K emplr
2022$29.3M · 118 accts · $469K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,164
Investment management$75,214
Total administrative$86,378
The West Side Foods, Inc. 401(k) match · 2023
Employer contribution per active participant$3,310
Median for plans this size$2,440
2023$3,310 per active participant
2022$3,376 per active participant

West Side Foods, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$75,214
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$11,164

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

Administrative cost history2
2023$86,378 · 0.27%
2022$63,919 · 0.23%
Similar plansWholesale Trade · New York
Mamiye Brothers, Inc. NY$36.8M · 0.14%
Meier Supply Co., Inc. NY$36.8M · 0.01%
Enzo Biochem, Inc. NY$35.3M · 0.10%
Stark Carpet Corp. NY$34.5M · 0.09%
Puig North America, Inc. NY$34.1M · 0.25%
Marjam Supply Company, Inc. NY$33.1M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131913027 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.