Request Foods, Inc. 401(k) Review & Grade
Request Foods, Inc. Profit Sharing and Savings Plan
Holland, MIManufacturing1,070 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,887Employer $ per active participant
$4,921Employee $ saved per active participant
0.20%Direct admin cost, % of plan assets
$120.8MNet plan assets, end of year
$93,064Average balance per account
Score breakdown
- Employer generosity41.0 / 5082th percentile for employer $ per participant
- Low cost13.7 / 2555th percentile for low admin cost vs. same-size plans
- Employee saving7.5 / 1550th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score72 / 100 · Grade B
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 82th |
| Lower admin cost | 55th |
| Employee saving | 50th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Request Foods put in about $4,887 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 | $5,228,969 |
| Participant (employee) contributions | $5,265,806 |
| Other contributions (incl. rollovers in) | $249,334 |
| Administrative expenses paid from the plan | $222,584 |
| Investment advisory & management fees | $84,387 |
| Benefits paid out | $7,511,333 |
| Net assets, start / end of year | $104.5M / $120.8M |
| Active participants, start / end of year | 1,032 / 1,108 |
| Participants with account balances | 1,298 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Vanderploeg, Bergakker & Associate |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $124,927 reported compensation |
| Stifel Nicolaus & Co Inc | $79,724 reported compensation |
| Vander Ploeg Bergaaker & Associates | $13,270 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260319134804NAL0005038272001, received 2026-03-19, EIN 38-2908992, plan #001, plan year 2024-10-01 to 2025-09-30. Verify at efast.dol.gov.