Plan Ledger DOL Form 5500 · updated monthly

Alsum Farms & Produce, Inc.401(k)

ALSUM FARMS & PRODUCE, INC. 401(K) PROFIT SHARING PLAN · FRIESLAND, WI · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Alsum Farms & Produce, Inc. reported $64,094 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $2,531 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 3 years on file its reported administrative ratio has held roughly steady near 0.42%. 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 among the smaller plans on file in Wisconsin (1,018th of 1,936), and 2,308th of 4,246 in wholesale trade. In 2024, employees put in $1.01 for every $1.00 the employer contributed; active participation has grown from 129 to 208 since 2022.

Plan summary
Net assets, end of year$15,631,201
Participants with balances200
Active participants208
Employer contributions$526,442
Employee contributions$531,340
Employer contribution per active participant$2,531
Average account balance$78,156
Benefits paid to participants$2,068,115
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.6M · 200 accts · $526K emplr
2023$14.8M · 162 accts · $918K emplr
2022$11.7M · 161 accts · $691K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,258
Investment management$61,836
Total administrative$64,094
The Alsum Farms & Produce, Inc. 401(k) match · 2024
Employer contribution per active participant$2,531
Median for plans this size$2,416
2024$2,531 per active participant
2023$6,850 per active participant
2022$5,356 per active participant

Alsum Farms & Produce, Inc.'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 · 20241
ASSOCIATED TRUST COMPANY, N.A. · Recordkeeping · Pension consulting$64,094

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

Recordkeeper by year2
2024ASSOCIATED TRUST COMPANY, N.A.
2023ASSOCIATED TRUST COMPANY, N.A.

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Administrative cost history3
2024$64,094 · 0.42%
2023$54,992 · 0.41%
2022$54,994 · 0.43%
Same employer
Similar plansWholesale Trade · Wisconsin
Icp Inc. WI$16.5M · 0.47%
Rocket Industrial, Inc. WI$15.4M · 0.41%
Halron Lubricants Inc. WI$15.3M · 0.33%
Marsh Electronics, Inc. WI$15.1M · 0.41%
Winona Foods Inc. WI$15.0M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391291655 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.