Plan Ledger DOL Form 5500 · updated monthly

Albanese Confectionery401(k)

ALBANESE CONFECTIONERY 401(K) PLAN · MERRILLVILLE, IN · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Albanese Confectionery reported $81,524 in plan administrative expenses for 2024: 0.76% of average plan assets, higher than ~90% of peers. Employer contributions averaged $985 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 0.85% to 0.76%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (812th of 1,562), and 8,031st of 13,661 in manufacturing. In 2024, employees put in $4.03 for every $1.00 the employer contributed; active participation has grown from 442 to 525 since 2022.

Plan summary
Net assets, end of year$12,015,253
Participants with balances555
Active participants525
Employer contributions$517,363
Employee contributions$2,084,844
Employer contribution per active participant$985
Average account balance$21,649
Benefits paid to participants$1,526,077
Plan auditUnmodified (clean) audit opinion
AuditorDULIN WARD & DEWALD INC
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 555 accts · $517K emplr
2023$9.5M · 563 accts · $519K emplr
2022$6.5M · 478 accts · $355K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,197
Investment management$37,327
Total administrative$81,524
The Albanese Confectionery 401(k) match · 2024
Employer contribution per active participant$985
Median for plans this size$2,416
2024$985 per active participant
2023$1,032 per active participant
2022$803 per active participant

Albanese Confectionery's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
CAPFINANCIAL PARTNERS, LLC · Recordkeeping · Trustee$23,275
ADP, INC. · Recordkeeping$18,507
HPM PARTNERS, LLC · Recordkeeping · Trustee$14,051
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, CAPFINANCIAL PARTNERS, LLC, HPM PARTNERS, LLC
2023ADP, CAPFINANCIAL PARTNERS, LLC

This plan has changed recordkeepers within these filings. If you left Albanese Confectionery 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$81,524 · 0.76%
2023$72,569 · 0.90%
2022$53,851 · 0.85%
Same employer
Similar plansManufacturing · Indiana
Mossberg & Company, Inc. IN$12.8M · 0.51%
Wieland Designs, Inc. IN$12.6M · 0.66%
Syndicate Sales Inc. IN$12.4M · 0.51%
Reelcraft Holdings LLC IN$11.7M · 0.76%
Craftmark Bakery, LLC IN$11.6M · 0.31%
Colwell Industries, Inc. IN$11.6M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351861174 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.