Plan Ledger DOL Form 5500 · updated monthly

Whitsons Food Service Corp.401(k)

WHITSONS FOOD SERVICE CORP. 401(K) PLAN · ISLANDIA, NY · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Whitsons Food Service Corp. reported $11,491 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $93 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 0.036% to 0.045%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 2,001st-largest of 5,648 plans among New York employers on file, and the 210th of 2,240 in accommodation & food services. In 2024, employees put in $9.42 for every $1.00 the employer contributed; active participation has grown from 1,278 to 2,759 since 2022.

Plan summary
Net assets, end of year$28,995,033
Participants with balances723
Active participants2,759
Employer contributions$257,729
Employee contributions$2,427,361
Employer contribution per active participant$93
Average account balance$40,104
Benefits paid to participants$1,608,363
Plan auditUnmodified (clean) audit opinion
AuditorBRAD S ROSENBERG CPA PC
Plan history3
Yearassets · accounts · employer contribution
2024$29.0M · 723 accts · $258K emplr
2023$22.4M · 562 accts · $211K emplr
2022$15.8M · 370 accts · $157K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,491
Total administrative$11,491
The Whitsons Food Service Corp. 401(k) match · 2024
Employer contribution per active participant$93
Median for plans this size$2,416
2024$93 per active participant
2023$134 per active participant
2022$123 per active participant

Whitsons Food Service Corp.'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,491
MORGAN STANLEY SMITH BARNEYindirect comp
NATIONAL FINANCIAL SERVICES LLCindirect comp

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

Administrative cost history3
2024$11,491 · 0.04%
2023$10,093 · 0.05%
2022$6,160 · 0.04%
Similar plansAccommodation & Food Services · New York
Ace Endico Corp. NY$40.4M · 0.29%
Smiley Brothers, Inc. NY$38.0M · 0.05%
Ushg, LLC NY$27.7M · 0.56%
Eos Investors LLC NY$26.7M · 0.44%
Tao Group Operating, LLC NY$26.1M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112579630 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.