Plan Ledger DOL Form 5500 · updated monthly

Culver Franchising System, LLC401(k)

CULVER FRANCHISING SYSTEM, LLC 401(K) RETIREMENT PLAN · PRAIRIE DU SAC, WI · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Culver Franchising System, LLC reported $106,368 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $2,925 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 0.26% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 490th-largest of 1,936 plans among Wisconsin employers on file, and the 167th of 2,240 in accommodation & food services. In 2024, employees put in $2.28 for every $1.00 the employer contributed; active participation has grown from 265 to 350 since 2022.

Plan summary
Net assets, end of year$40,173,408
Participants with balances469
Active participants350
Employer contributions$1,023,740
Employee contributions$2,331,166
Employer contribution per active participant$2,925
Average account balance$85,658
Benefits paid to participants$3,014,722
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.2M · 469 accts · $1.0M emplr
2023$34.5M · 410 accts · $889K emplr
2022$29.8M · 348 accts · $542K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,992
Investment management$56,376
Total administrative$106,368
The Culver Franchising System, LLC 401(k) match · 2024
Employer contribution per active participant$2,925
Median for plans this size$2,416
2024$2,925 per active participant
2023$2,896 per active participant
2022$2,046 per active participant

Culver Franchising System, LLC'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 · 20243
WINDWARD WEALTH STRATEGIES INC · Investment advisory (plan)$37,189
EMPOWER ADVISORY GROUP, LLC · Investment management$19,187

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$106,368 · 0.28%
2023$85,871 · 0.27%
2022$82,236 · 0.26%
Same employer
Similar plansAccommodation & Food Services · Wisconsin
The Marcus Corporation WI$125.4M · 0.15%
McMenamins, Inc. OR$40.6M · 0.39%
The Doherty Group, Inc. NJ$40.6M · 0.33%
Ace Endico Corp. NY$40.4M · 0.29%
Grand Pacific Resorts, Inc. CA$40.1M · 0.11%
Guest Services, Inc. VA$39.6M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391631539 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.