Plan Ledger DOL Form 5500 · updated monthly

Champlain Chocolate Company401(k)

LAKE CHAMPLAIN CHOCOLATES 401(K) PLAN · BURLINGTON, VT · plan year 2025

Reported admin expense ratio · 2025
0.09%

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

Champlain Chocolate Company reported $9,755 in plan administrative expenses for 2025: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,981 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 fell from 0.12% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Vermont (137th of 230), and 8,091st of 13,661 in manufacturing. In 2025, employees put in $2.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,788,348
Participants with balances120
Active participants101
Employer contributions$200,033
Employee contributions$522,207
Employer contribution per active participant$1,981
Average account balance$98,236
Benefits paid to participants$773,394
Plan auditUnmodified (clean) audit opinion
AuditorGALLAGHER, FLYNN & COMPANY
Plan history4
Yearassets · accounts · employer contribution
2025$11.8M · 120 accts · $200K emplr
2024$10.0M · 119 accts · $221K emplr
2023$8.1M · 122 accts · $198K emplr
2022$6.9M · 117 accts · $190K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$9,755
Total administrative$9,755
The Champlain Chocolate Company 401(k) match · 2025
Employer contribution per active participant$1,981
Median for plans this size$2,666
2025$1,981 per active participant
2024$2,084 per active participant
2023$1,709 per active participant
2022$1,878 per active participant

Champlain Chocolate Company's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
SETAWAY, LLC$1,200
ASCENSUS LLC · Other servicesindirect comp

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

Administrative cost history4
2025$9,755 · 0.09%
2024$10,125 · 0.11%
2023$9,847 · 0.13%
2022$9,245 · 0.12%
Similar plansManufacturing · Vermont
Twincraft, Inc. VT$13.6M · 0.13%
Onlogic, Inc. VT$13.3M · 0.50%
Nsa Industries, LLC VT$11.4M · 0.75%
Rhino Foods, Inc. VT$10.9M · 0.69%
Tivoly, Inc. VT$8.0M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030286642 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.