Plan Ledger DOL Form 5500 · updated monthly

Gilman Cheese Corporation401(k)

GILMAN CHEESE CORPORATION 401(K) PROFIT-SHARING PLAN · GILMAN, WI · plan year 2022

Reported admin expense ratio · 2022
0.05%

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

Gilman Cheese Corporation reported $1,931 in plan administrative expenses for 2022: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,447 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,701st of 1,936), and 11,703rd of 13,661 in manufacturing. In 2022, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,067,583
Participants with balances153
Active participants143
Employer contributions$206,917
Employee contributions$318,845
Employer contribution per active participant$1,447
Average account balance$26,586
Benefits paid to participants$223,512
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $130K emplr
2022$4.1M · 153 accts · $207K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,931
Total administrative$1,931
The Gilman Cheese Corporation 401(k) match · 2022
Employer contribution per active participant$1,447
Median for plans this size$1,114

Gilman Cheese Corporation's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$1,931 · 0.05%
Same employer
Similar plansManufacturing · Wisconsin
Northern Metal Fab, Inc. WI$4.2M · 0.45%
Riverstone Machining, LLC WI$4.1M · 0.82%
Warren Industries, Inc. WI$4.0M · 0.02%
Lanair Products, LLC WI$4.0M · 0.30%
Hankscraft Inc. WI$3.9M · 0.52%
K.G. Stevens, Inc. WI$3.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833178514 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.