Amy's Kitchen, Inc. 401(k) Review & Grade
Amy's Kitchen, Inc. 401(k) Retirement Plan
Petaluma, CAManufacturing2,146 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,206Employer $ per active participant
$4,297Employee $ saved per active participant
0.21%Direct admin cost, % of plan assets
$158.8MNet plan assets, end of year
$44,055Average balance per account
Score breakdown
- Employer generosity23.9 / 5048th percentile for employer $ per participant
- Low cost13.4 / 2553th percentile for low admin cost vs. same-size plans
- Employee saving6.2 / 1541th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score51 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 48th |
| Lower admin cost | 53th |
| Employee saving | 41th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Corrective distributions: the plan refunded $10,827 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Amy's Kitchen put in about $2,206 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $4,734,148 |
| Participant (employee) contributions | $9,222,732 |
| Other contributions (incl. rollovers in) | $352,889 |
| Administrative expenses paid from the plan | $308,437 |
| Investment advisory & management fees | $43,750 |
| Benefits paid out | $14,768,516 |
| Net assets, start / end of year | $141.1M / $158.8M |
| Active participants, start / end of year | 2,256 / 2,037 |
| Participants with account balances | 3,605 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Metz CPA, PLLC |
Largest service providers (Schedule C)
| Transamerica Retirement Solutions | $242,217 reported compensation |
| Osaic Wealth, Inc | $43,750 reported compensation |
| BPM, LLP | $22,470 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250912132955NAL0001324896001, received 2025-09-12, EIN 68-0154899, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.