Department of Labor filing

MASTERS GALLERY FOODS, INC.

MASTERS GALLERY FOODS, INC. RETIREMENT SAVINGS PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Jul 23, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

48filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support
$2,192

Reported employer contributions per active participant.

Higher than about 58% of comparable plans
#People in the filing
1,023

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$143 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 26% of comparable plans
Investment performance
Not available

Plan assets changed 14.5%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 202448out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions58th percentileTypical peer $1,934 · based on 274 comparable plans
Lower reported administrative expense26th percentileTypical peer $108 · based on 278 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, MASTERS GALLERY FOODS, INC. reported $2,242,664 in employer contributions across the plan and 1,023 active participants. That works out to $2,192 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy81%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 7.8%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 16.6%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context48/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
$2,242,664
Participant contributions
$5,232,260
Other contributions
$103,988
Employer share of reported contributions
30.0%
Beginning assets
$70,308,962
Ending assets
$80,469,355
Ending net assets
$80,135,577
Ending liabilities
$333,778
Total income
$15,758,029
Total expenses
$5,931,414
Administrative expenses
$172,702
Participant loans
Not reported

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
$2,034
2023
$2,048
2024
$2,192
Plan-paid administrative expenses per participant
2022
$171
2023
$144
2024
$143
Active participants
2022
898
2023
990
2024
1,023
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2024$2,1921,02380.5M20250723114236NAL0001848035001
2023$2,04899070.3M20240722160224NAL0006014531001
2022$2,03489857.8M20230726113449NAL0021169602001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
Not stated in the filing
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Not stated in the filing
Public plan identifier
391036619-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Jan 1, 1989
Industry
Manufacturing
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2E2F2G2J2K2S2T3D

Current plan terms

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Filing ACK_ID20250723114236NAL0001848035001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗