Plan Ledger DOL Form 5500 · updated monthly

Frankenmuth Bavarian Inn, Inc.401(k)

FRANKENMUTH BAVARIAN INN, INC. EMPLOYEES' RETIREMENT PLAN · FRANKENMUTH, MI · plan year 2024

Reported admin expense ratio · 2024
0.93%

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

Frankenmuth Bavarian Inn, Inc. reported $98,417 in plan administrative expenses for 2024: 0.93% of average plan assets, higher than ~90% of peers. Employer contributions averaged $344 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 0.73% to 0.93%. 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 among the smaller plans on file in Michigan (1,455th of 2,619), and the 511th of 2,240 in accommodation & food services. In 2024, employees put in $5.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,203,747
Participants with balances443
Active participants420
Employer contributions$144,417
Employee contributions$773,722
Employer contribution per active participant$344
Average account balance$25,291
Benefits paid to participants$893,001
Plan auditUnmodified (clean) audit opinion
AuditorYEO & YEO
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 443 accts · $144K emplr
2023$10.1M · 454 accts · $134K emplr
2022$8.7M · 476 accts · $120K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,878
Investment management$37,389
Audit (IQPA)$33,150
Total administrative$98,417
The Frankenmuth Bavarian Inn, Inc. 401(k) match · 2024
Employer contribution per active participant$344
Median for plans this size$2,416
2024$344 per active participant
2023$322 per active participant
2022$301 per active participant

Frankenmuth Bavarian Inn, 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 · 20243
BENEFIT PLAN ADMIN SERVICES,INC. · Recordkeeping · Custodial$43,555
PLANTE MORAN · Accounting / audit$33,150
REHMANN CAPITAL ADVISORY GROUP, LLC · Investment advisory (plan)$21,711

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024BENEFIT PLAN ADMIN SERVICES,INC.
2023BENEFIT PLAN ADMIN SERVICES,INC.

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Administrative cost history3
2024$98,417 · 0.93%
2023$60,500 · 0.64%
2022$68,636 · 0.73%
Same employer
Similar plansAccommodation & Food Services · Michigan
Patton Wings, Inc. MI$14.0M · 0.63%
Tsfr Apple Venture LLC MI$12.2M · 0.56%
Crystal Enterprises, Inc. MI$9.3M · 0.34%
Sundance, Inc. MI$7.2M · 0.63%
Russ' of Holland, Inc. MI$6.9M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382339125 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.