Food Concepts International, Lp 401(K) Plan — Form 5500 plan (Food Concepts International, Lp)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Food Concepts International, Lp 401(K) Plan is a benefit plan reported by Food Concepts International, Lp under EIN 75-2305079 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,558 participants and $13,870,235 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$13.9MPlan net assets, end of year$13,870,235
Participants1.6KCovered participants reported1,558
Assets / participant$8.9KComputed: assets ÷ participants$8,903 (computed)
Provider compensation$30.9K1 Schedule C provider row(s)$30,909
Plan sponsor
Food Concepts International, Lp
EIN
75-2305079
Plan number
001
Plan type
2
Location
Lubbock, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,558H, C20240731105549NAL0022110705001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$13.9M total assets
Net assets$13.9MLiabilities$0
Money in vs. money out
Total income / additions$3.3M
Total expenses$603.1K
Benefits paid / distributions$531.4K
Contributions
Employer$293.9K
Participant$527.7K
Full reported line items

Net assets

Total assets (EOY)
$13,870,235
Total liabilities (EOY)
$0
Net assets (EOY)
$13,870,235
Net assets (BOY)
$11,210,062

Income & contributions

Employer contributions
$293,908
Participant contributions
$527,680
Total contributions
$821,588
Total income / additions
$3,263,302

Expenses & distributions

Benefits paid
$531,357
Administrative expenses
$71,772
Total expenses
$603,129
Net increase / (decrease)
$2,660,173
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 36%Participant 64%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income16%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Wells Fargo Advisors, LLCADVISOR$30,909$02023

Related Form 5500 pages