Plan Ledger DOL Form 5500 · updated monthly

Bake Fresh North America, LLC401(k)

COPPERMINE BAKERY HOLDCO, LLC 401(K) PLAN · CHESAPEAKE, VA · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Bake Fresh North America, LLC reported $57,853 in plan administrative expenses for 2024: 0.74% of average plan assets, above the peer median. Employer contributions averaged $865 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 0.98% to 0.74%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Virginia (1,502nd of 2,266), and 9,049th of 13,661 in manufacturing. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,416,141
Participants with balances168
Active participants462
Employer contributions$399,549
Employee contributions$793,222
Employer contribution per active participant$865
Average account balance$56,048
Benefits paid to participants$1,199,297
Plan auditUnmodified (clean) audit opinion
AuditorWALL, EINHORN, & CHERNITZER, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 168 accts · $400K emplr
2023$6.3M · 173 accts · $391K emplr
2022$4.4M · 169 accts · $380K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,853
Total administrative$57,853
The Bake Fresh North America, LLC 401(k) match · 2024
Employer contribution per active participant$865
Median for plans this size$1,313
2024$865 per active participant
2023$884 per active participant
2022$881 per active participant

Bake Fresh North America, LLC's 2024 employer contribution ran below the $1,313 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$57,853
TBS AGENCY INC · 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 history3
2024$57,853 · 0.74%
2023$45,524 · 0.85%
2022$43,822 · 0.98%
Same employer
Similar plansManufacturing · Virginia
Universal Dynamics, Inc. VA$9.6M · 0.48%
Salem Stone Corporation VA$9.4M · 0.59%
Montebello Packaging VA$9.2M · 0.41%
Zeller+Gmelin Corporation VA$8.9M · 0.16%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 820669097 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.