Lueken's Food Stores, Inc.ESOP
LUEKEN'S FOOD STORES EMPLOYEE STOCK OWNERSHIP PLAN · BEMIDJI, MN · plan year 2023
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
Lueken's Food Stores, Inc. reported $2,000 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,194 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 0.009%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 803rd-largest of 1,918 plans among Minnesota employers on file, and the 1,258th of 5,215 in retail trade.
Lueken's Food Stores, Inc.'s 2023 employer contribution ran above the $2,440 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 852299427 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.