Dare Foods Incorporated 401(K) Savings Plan — Form 5500 plan (Dare Foods Incorporated)

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, Dare Foods Incorporated 401(K) Savings Plan is a benefit plan reported by Dare Foods Incorporated under EIN 98-0135168 and plan number 001. The latest loaded filing year is 2023. The filing reports 190 participants and $5,898,544 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$5.9MPlan net assets, end of year$5,898,544
Participants190Covered participants reported
Assets / participant$31KComputed: assets ÷ participants$31,045 (computed)
Provider compensation$68.3K3 Schedule C provider row(s)$68,277
Plan sponsor
Dare Foods Incorporated
EIN
98-0135168
Plan number
001
Plan type
2
Location
not reported in the loaded dataset
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023190H, C20241003154430NAL0004998323001
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)$5.9M total assets
Net assets$5.9MLiabilities$0
Money in vs. money out
Total income / additions$1.5M
Total expenses$495.3K
Benefits paid / distributions$452.3K
Contributions
Employer$204.3K
Participant$415K
Full reported line items

Net assets

Total assets (EOY)
$5,898,544
Total liabilities (EOY)
$0
Net assets (EOY)
$5,898,544
Net assets (BOY)
$4,859,219

Income & contributions

Employer contributions
$204,278
Participant contributions
$414,993
Total contributions
$636,475
Total income / additions
$1,534,639

Expenses & distributions

Benefits paid
$452,336
Administrative expenses
$42,978
Total expenses
$495,314
Net increase / (decrease)
$1,039,325
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 33%Participant 67%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income29%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$42,978$02023
Shannon & Associates, LlpACCOUNTANT$0$14,8002023
Gallagher Fiduciary Advisors LLCINVESTMENT ADVISORY$0$10,4992023

Related Form 5500 pages