What is the Holmen Cheese LLC 401(k) match?

In 2024, employer contributions to the Holmen Cheese LLC plan averaged $2,270 per active participant. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Holmen Cheese LLC 401(k)?

The average participant account balance was $0 for plan year 2024, based on 150 accounts.

Holmen Cheese LLC401(k)

Name: Holmen Cheese LLC 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

HOLMEN CHEESE LLC 401(K) PLAN · HOLMEN, WI · plan year 2024

Employer contribution per participant · 2024

$2,270

Holmen Cheese LLC's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $0 across 150 participant accounts, with employer contributions averaging $2,270 per active participant. See methodology for what Form 5500 does and doesn't capture.

In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$0
Participants with balances150
Active participants137
Employer contributions$310,938
Employee contributions$618,586
Employer contribution per active participant$2,270
Average account balance$0
Benefits paid to participants$584,168
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI

Administrative expenses, itemized · 2024

Recordkeeping & contract admin$8,595

Investment management$13,833

Total administrative$22,428

The Holmen Cheese LLC 401(k) match · 2024

Employer contribution per active participant$2,270

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.

Service providers · 20241

ALERUS FINANCIAL NA · Recordkeeping · Trustee$22,287

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

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Source: U.S. Department of Labor, Form 5500 series, EIN 832441982 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.