Plan Ledger DOL Form 5500 · updated monthly

La Costena USA401(k)

LA COSTENA USA 401(K) PLAN · FARIBAULT, MN · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

La Costena USA reported $188,127 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $1,958 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 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 494th-largest of 1,918 plans among Minnesota employers on file, and the 3,141st of 13,661 in manufacturing. In 2024, employees put in $2.30 for every $1.00 the employer contributed; active participation has grown from 499 to 587 since 2022.

Plan summary
Net assets, end of year$50,207,524
Participants with balances752
Active participants587
Employer contributions$1,149,312
Employee contributions$2,645,575
Employer contribution per active participant$1,958
Average account balance$66,765
Benefits paid to participants$6,548,112
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$50.2M · 752 accts · $1.1M emplr
2023$45.8M · 735 accts · $1.0M emplr
2022$39.5M · 720 accts · $949K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$96,531
Investment management$91,596
Total administrative$188,127
The La Costena USA 401(k) match · 2024
Employer contribution per active participant$1,958
Median for plans this size$2,416
2024$1,958 per active participant
2023$1,862 per active participant
2022$1,902 per active participant

La Costena USA's 2024 employer contribution ran below the $2,416 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
CBIZ INVESTMENT ADVISORY SERVICES L · Investment advisory (plan)$91,596

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$188,127 · 0.39%
2023$167,576 · 0.39%
2022$169,795 · 0.40%
Similar plansManufacturing · Minnesota
Skyline Displays, LLC MN$52.8M · 0.22%
Smyth Companies, LLC MN$51.0M · 0.25%
Alexandria Industries MN$47.8M · 0.27%
Crenlo Cab Products MN$46.8M · 0.23%
Bellisio Foods, Inc. MN$46.7M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 861168086 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.