Plan Ledger DOL Form 5500 · updated monthly

Cereal Ingredients Inc401(k)

CII & GPAL RETIREMENT PLAN · LEAVENWORTH, KS · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Cereal Ingredients Inc reported $16,612 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $1,213 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 0.05% to 0.14%. 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 Kansas (419th of 828), and 7,663rd of 13,661 in manufacturing. In 2024, employees put in $3.29 for every $1.00 the employer contributed; active participation has grown from 227 to 260 since 2022.

Plan summary
Net assets, end of year$13,163,031
Participants with balances286
Active participants260
Employer contributions$315,292
Employee contributions$1,038,203
Employer contribution per active participant$1,213
Average account balance$46,025
Benefits paid to participants$848,371
Plan auditUnmodified (clean) audit opinion
AuditorALLEN GIBBS AND HOULIK, LC
Plan history3
Yearassets · accounts · employer contribution
2024$13.2M · 286 accts · $315K emplr
2023$11.0M · 252 accts · $261K emplr
2022$8.6M · 239 accts · $270K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,641
Investment management$971
Total administrative$16,612
The Cereal Ingredients Inc 401(k) match · 2024
Employer contribution per active participant$1,213
Median for plans this size$2,416
2024$1,213 per active participant
2023$1,135 per active participant
2022$1,190 per active participant

Cereal Ingredients Inc'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 · 20242
ASCENSUS LLC · Loan processing$12,641
UNITED OF OMAHA · Loan processing$3,000

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$16,612 · 0.14%
2023$6,300 · 0.06%
2022$4,875 · 0.05%
Same employer
Similar plansManufacturing · Kansas
Hm Dunn Aerosystems, Inc KS$13.7M · 0.44%
Kalmar Solutions, LLC KS$13.4M · 0.34%
Wolfe Electric, Inc. KS$13.3M · 0.30%
Cross Manufacturing, Inc. KS$12.8M · 0.36%
Earp Meat Company Inc KS$12.7M · 0.48%
Lowen Corporation KS$12.3M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431527502 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.