Plan Ledger DOL Form 5500 · updated monthly

Abbyland Foods, Inc.401(k)

ABBYLAND FOODS, INC. 401(K) PROFIT SHARING PLAN · ABBOTSFORD, WI · plan year 2023

Reported admin expense ratio · 2023
0.53%

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

Abbyland Foods, Inc. reported $74,586 in plan administrative expenses for 2023: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $256 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 fell from 0.56% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,038th of 1,936), and 7,045th of 13,661 in manufacturing. In 2023, employees put in $2.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,160,507
Participants with balances195
Active participants931
Employer contributions$238,445
Employee contributions$671,554
Employer contribution per active participant$256
Average account balance$77,746
Benefits paid to participants$1,159,032
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.1M · 201 accts · $240K emplr
2023$15.2M · 195 accts · $238K emplr
2022$13.0M · 201 accts · $220K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$74,586
Total administrative$74,586
The Abbyland Foods, Inc. 401(k) match · 2023
Employer contribution per active participant$256
Median for plans this size$2,440
2024$266 per active participant
2023$256 per active participant
2022$246 per active participant

Abbyland Foods, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping · Investment management$3,102

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

Recordkeeper by year2
2024John Hancock, The Standard
2023John Hancock

This plan has changed recordkeepers within these filings. If you left Abbyland Foods, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$31,774 · 0.21%
2023$74,586 · 0.53%
2022$67,842 · 0.56%
Same employer
Similar plansManufacturing · Wisconsin
Molded Dimensions, LLC WI$15.4M · 0.44%
Elkay Manufacturing Company WI$15.4M · 0.16%
Truvant WI$15.3M · 0.57%
Dielectric Manufacturing WI$15.1M · 0.22%
Triangle Tool, LLC WI$15.0M · 0.21%
Eck Industries, Inc. WI$15.0M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391018826 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.