Plan Ledger DOL Form 5500 · updated monthly

Kilwins Quality Confections, LLC401(k)

KILWIN'S QUALITY CONFECTIONS, INC. 401(K) & RETIREMENT PLAN · PETOSKEY, MI · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Kilwins Quality Confections, LLC reported $33,599 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $2,210 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 0.34% to 0.35%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,568th of 2,619), and 8,978th of 13,661 in manufacturing. In 2024, employees put in $2.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,596,164
Participants with balances171
Active participants136
Employer contributions$300,558
Employee contributions$750,026
Employer contribution per active participant$2,210
Average account balance$56,118
Benefits paid to participants$1,935,435
Plan auditUnmodified (clean) audit opinion
AuditorDOEREN MAYHEW
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 171 accts · $301K emplr
2023$9.3M · 171 accts · $419K emplr
2022$8.1M · 154 accts · $438K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,517
Trustee / custodial$4,837
Total administrative$33,599
The Kilwins Quality Confections, LLC 401(k) match · 2024
Employer contribution per active participant$2,210
Median for plans this size$1,313
2024$2,210 per active participant
2023$3,251 per active participant
2022$3,452 per active participant

Kilwins Quality Confections, LLC's 2024 employer contribution ran above the $1,313 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 · 20242
SENTINEL BENEFITS GROUP, INC. · Recordkeeping$28,517
CHARLES SCHWAB TRUST BANK · Custodial (securities)$5,082

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

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$33,599 · 0.35%
2023$30,207 · 0.35%
2022$29,856 · 0.34%
Same employer
Similar plansManufacturing · Michigan
R.L. Adams Plastics, Inc. MI$9.9M · 0.56%
E. W. Grobbel Sons,Inc. MI$9.7M · 0.02%
Gil-Mar Manufacturing Co. MI$9.7M · 0.80%
Banks Hardwoods, Inc. MI$9.5M · 0.11%
Tekton, Inc. MI$9.5M · 0.09%
Kam Plastics Corp MI$9.5M · 0.55%
Hti Cybernetics, Inc. MI$9.4M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383220969 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.