Plan Ledger DOL Form 5500 · updated monthly

Howley Bread Group, LTD.401(k)

HOWLEY BREAD GROUP, LTD. 401(K) PROFIT SHARING PLAN & TRUST · WESTLAKE, OH · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Howley Bread Group, LTD. reported $31,757 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $404 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 3 years on file its reported administrative ratio has held roughly steady near 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Ohio (2,459th of 3,295), and the 828th of 2,240 in accommodation & food services. In 2024, employees put in $1.80 for every $1.00 the employer contributed; active participation has grown from 353 to 390 since 2022.

Plan summary
Net assets, end of year$5,621,033
Participants with balances105
Active participants390
Employer contributions$157,440
Employee contributions$282,829
Employer contribution per active participant$404
Average account balance$53,534
Benefits paid to participants$545,593
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 105 accts · $157K emplr
2023$5.0M · 107 accts · $157K emplr
2022$4.4M · 111 accts · $144K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,636
Investment management$13,121
Total administrative$31,757
The Howley Bread Group, LTD. 401(k) match · 2024
Employer contribution per active participant$404
Median for plans this size$1,313
2024$404 per active participant
2023$421 per active participant
2022$409 per active participant

Howley Bread Group, LTD.'s 2024 employer contribution ran below the $1,313 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$18,636
HIGHLAND CONSULTING ASSO · Investment advisory (plan)$13,121

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$31,757 · 0.60%
2023$27,604 · 0.59%
2022$30,949 · 0.62%
Same employer
Similar plansAccommodation & Food Services · Ohio
Primary Aim, LLC OH$7.4M · 0.87%
Bennett Enterprises, LLC OH$6.5M · 0.31%
Strang Corporation OH$5.9M · 0.17%
Grube, Inc. OH$5.2M · 0.23%
Rda Management, Inc. OH$4.6M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341921619 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.