Plan Ledger DOL Form 5500 · updated monthly

5 Mile Brewing Company LLC401(k)

5 MILE BREWING COMPANY 401(K) PLAN · ANN ARBOR, MI · plan year 2022

Reported admin expense ratio · 2022
0.65%

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

5 Mile Brewing Company LLC reported $1,797 in plan administrative expenses for 2022: 0.65% of average plan assets, below the peer median. Employer contributions averaged $0 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Michigan (2,575th of 2,619), and 2,013th of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$284,690
Participants with balances164
Active participants76
Employer contributions$0
Employee contributions$54,483
Employer contribution per active participant$0
Average account balance$1,736
Benefits paid to participants$6,957
Plan auditUnmodified (clean) audit opinion
AuditorRETIREMENT PLAN AUDIT SERVICES, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2
Investment management$1,795
Total administrative$1,797
The 5 Mile Brewing Company LLC 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

5 Mile Brewing Company LLC's 2022 employer contribution ran below the $331 median for plans its size, in the bottom quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,797 · 0.65%
Similar plansAccommodation & Food Services · Michigan
Elephant & Company MI$381K · 0.36%
Aces, LLC MI$367K · 2.44%
Project Barfly, LLC MI$221K · 1.76%
Cda Pizza, Inc. MI$84K · 2.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811373046 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.