Plan Ledger DOL Form 5500 · updated monthly

Daybreak Foods, Inc.401(k)

DAYBREAK FOODS INC 401(K) PLAN · LAKE MILLS, WI · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Daybreak Foods, Inc. reported $2,881 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $266 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 0.00% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Wisconsin (1,162nd of 1,936), and the 393rd of 945 in agriculture, forestry & fishing. In 2024, employees put in $3.99 for every $1.00 the employer contributed; active participation has grown from 502 to 841 since 2022.

Plan summary
Net assets, end of year$12,381,581
Participants with balances212
Active participants841
Employer contributions$224,037
Employee contributions$893,061
Employer contribution per active participant$266
Average account balance$58,404
Benefits paid to participants$1,226,351
Plan auditUnmodified (clean) audit opinion
AuditorFROST PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.4M · 212 accts · $224K emplr
2023$11.1M · 206 accts · $227K emplr
2022$9.1M · 172 accts · $178K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,881
Total administrative$2,881
The Daybreak Foods, Inc. 401(k) match · 2024
Employer contribution per active participant$266
Median for plans this size$2,416
2024$266 per active participant
2023$335 per active participant
2022$354 per active participant

Daybreak Foods, 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,881

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$2,881 · 0.02%
2023$313 · 0.00%
2022$119 · 0.00%
Similar plansAgriculture, Forestry & Fishing · Wisconsin
The Elkin Company, LLC WI$21.7M · 0.47%
Allied Cooperative WI$20.7M · 0.27%
Northside Elevator, Inc. WI$18.8M · 0.35%
Milk Source, LLC WI$14.5M · 0.43%
Wsf, Inc. WI$12.1M · 0.08%
Natural Beauty Growers, LLC WI$11.1M · 0.54%
Henry Rac Holding Corp WI$9.2M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391052651 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.