Plan Ledger DOL Form 5500 · updated monthly

Dawn Foods, Inc.401(k)

DAWN FOODS RETIREMENT SAVINGS PLAN · JACKSON, MI · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Dawn Foods, Inc. reported $270,685 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $4,761 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 0.14% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 136th-largest of 2,619 plans among Michigan employers on file, and the 1,070th of 13,661 in manufacturing. In 2024, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$224,847,514
Participants with balances2,111
Active participants1,589
Employer contributions$7,564,515
Employee contributions$12,166,963
Employer contribution per active participant$4,761
Average account balance$106,512
Benefits paid to participants$32,433,251
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$224.8M · 2,111 accts · $7.6M emplr
2023$209.4M · 1,528 accts · $6.7M emplr
2022$186.4M · 2,252 accts · $5.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$196,660
Investment management$74,025
Total administrative$270,685
The Dawn Foods, Inc. 401(k) match · 2024
Employer contribution per active participant$4,761
Median for plans this size$3,635
2024$4,761 per active participant
2023$4,142 per active participant
2022$3,459 per active participant

Dawn Foods, Inc.'s 2024 employer contribution ran above the $3,635 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
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$74,025

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$270,685 · 0.12%
2023$282,921 · 0.14%
2022$289,637 · 0.14%
All plans at this employer3
DAWN FOODS UNION RETIREMENT SAVINGS PLAN401(k)
DAWN FOODS NONQUALIFIED PROFIT SHARING PLANDefined-contribution plan
DAWN FOODS RETIREMENT SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Michigan
Lacks Enterprises, Inc. MI$240.6M · 0.22%
Ej USA, Inc. MI$240.5M · 0.08%
Wacker Chemical Corp. MI$231.3M · 0.15%
Hutchinson Fms, Inc. MI$213.5M · 0.09%
L & L Products, Inc. MI$205.4M · 0.10%
Wolverine World Wide, Inc. MI$202.0M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 380467200 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.