Plan Ledger DOL Form 5500 · updated monthly

Foremost Farms USA401(k)

FOREMOST FARMS USA 401(K) SAVINGS PLAN · MIDDLETON, WI · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Foremost Farms USA reported $101,672 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $6,548 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 0.20% to 0.16%. 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 325th-largest of 1,936 plans among Wisconsin employers on file, and the 2,535th of 13,661 in manufacturing. In 2024, employees put in $1.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$67,419,223
Participants with balances620
Active participants367
Employer contributions$2,402,963
Employee contributions$3,283,748
Employer contribution per active participant$6,548
Average account balance$108,741
Benefits paid to participants$10,806,056
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$67.4M · 620 accts · $2.4M emplr
2023$63.5M · 637 accts · $2.3M emplr
2022$53.1M · 650 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,569
Investment management$47,803
Total administrative$101,672
The Foremost Farms USA 401(k) match · 2024
Employer contribution per active participant$6,548
Median for plans this size$3,635
2024$6,548 per active participant
2023$6,315 per active participant
2022$6,182 per active participant

Foremost Farms USA'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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$47,803
QDRO CONSULTANTS COMPANY, LLC$300

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$101,672 · 0.16%
2023$109,487 · 0.19%
2022$117,512 · 0.20%
All plans at this employer2
FOREMOST FARMS USA 401(K) SAVINGS PLAN401(k)
FOREMOST FARMS USA 401(K) PLAN AND TRUST FOR UNION MEMBERS401(k)
Same employer
Similar plansManufacturing · Wisconsin
Placon Corporation WI$71.8M · 0.04%
Inpro Corporation WI$71.6M · 0.27%
Bell Laboratories, Inc. WI$68.1M · 0.12%
Clasen Quality Chocolate WI$67.5M · 0.01%
Wago Corporation WI$66.0M · 0.13%
Dlsm, Inc. WI$65.1M

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Source: U.S. Department of Labor, Form 5500 series, EIN 391805431 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.