Plan Ledger DOL Form 5500 · updated monthly

365 Retail Markets, LLC401(k)

365 RETAIL MARKETS, LLC 401 (K) PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
0.27%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

365 Retail Markets, LLC reported $66,778 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $2,839 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.23% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 814th-largest of 2,619 plans among Michigan employers on file, and the 1,408th of 4,246 in wholesale trade. In 2024, employees put in $2.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,646,586
Participants with balances617
Active participants542
Employer contributions$1,538,782
Employee contributions$4,187,823
Employer contribution per active participant$2,839
Average account balance$46,429
Benefits paid to participants$2,508,981
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.6M · 617 accts · $1.5M emplr
2023$20.8M · 574 accts · $1.5M emplr
2022$12.7M · 530 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,778
Total administrative$66,778
The 365 Retail Markets, LLC 401(k) match · 2024
Employer contribution per active participant$2,839
Median for plans this size$2,416
2024$2,839 per active participant
2023$2,653 per active participant
2022$2,175 per active participant

365 Retail Markets, LLC's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$66,427
THE RETIREMENT ADVANTAGE, INC. · Contract administrator · Other services$125
NORTHWESTERN MUTUAL INVESTMENT SERV · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$66,778 · 0.27%
2023$43,601 · 0.26%
2022$26,916 · 0.23%
Same employer
Similar plansWholesale Trade · Michigan
S. Abraham & Sons, Inc. MI$31.8M · 0.54%
Hino Motors Sales USA, Inc MI$31.4M · 0.03%
H. H. Barnum Company MI$31.2M · 0.25%
Kmw Group, Inc. MI$31.1M · 0.25%
Rowley Brothers, Inc MI$27.2M · 0.43%
Brighton Employment, Inc. MI$26.7M · 0.31%
Idn Global, Inc. MI$25.7M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454267511 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.