Plan Ledger DOL Form 5500 · updated monthly

Kodiak Cakes, LLC401(k)

KODIAK CAKES 401(K) PLAN · PARK CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Kodiak Cakes, LLC reported $32,697 in plan administrative expenses for 2024: 0.39% of average plan assets, below the peer median. Employer contributions averaged $4,542 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 fell from 0.43% to 0.39%. 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 Utah (469th of 848), and 8,937th of 13,661 in manufacturing. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,703,992
Participants with balances161
Active participants147
Employer contributions$667,707
Employee contributions$1,416,707
Employer contribution per active participant$4,542
Average account balance$60,273
Benefits paid to participants$640,095
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 161 accts · $668K emplr
2023$6.9M · 163 accts · $582K emplr
2022$5.0M · 158 accts · $515K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,697
Investment management$23,000
Total administrative$32,697
The Kodiak Cakes, LLC 401(k) match · 2024
Employer contribution per active participant$4,542
Median for plans this size$1,313
2024$4,542 per active participant
2023$4,098 per active participant
2022$3,708 per active participant

Kodiak Cakes, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$23,000

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$32,697 · 0.39%
2023$21,389 · 0.36%
2022$20,226 · 0.43%
Same employer
Similar plansManufacturing · Utah
Stadler US Inc UT$10.8M · 1.13%
Hudson Printing Co UT$10.1M · 0.24%
Mity-Lite, Inc. UT$9.5M · 0.56%
Thermoworks, Inc. UT$9.4M · 0.79%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 813272228 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.