Plan Ledger DOL Form 5500 · updated monthly

M. E. Fields, Inc.401(k)

FIELDS PROFIT SHARING AND SAVINGS PLAN · NORTHFIELD, IL · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

M. E. Fields, Inc. reported $266,076 in plan administrative expenses for 2024: 0.30% of average plan assets, higher than ~75% of peers. Employer contributions averaged $651 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 0.30%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 597th-largest of 3,702 plans among Illinois employers on file, and the 393rd of 5,215 in retail trade. In 2024, employees put in $5.64 for every $1.00 the employer contributed; active participation has grown from 1,641 to 2,087 since 2022.

Plan summary
Net assets, end of year$94,763,846
Participants with balances1,085
Active participants2,087
Employer contributions$1,359,423
Employee contributions$7,673,721
Employer contribution per active participant$651
Average account balance$87,340
Benefits paid to participants$10,066,539
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER & CO LTD
Plan history3
Yearassets · accounts · employer contribution
2024$94.8M · 1,085 accts · $1.4M emplr
2023$83.6M · 1,013 accts · $1.5M emplr
2022$70.5M · 972 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$117,121
Investment management$137,955
Audit (IQPA)$11,000
Total administrative$266,076
The M. E. Fields, Inc. 401(k) match · 2024
Employer contribution per active participant$651
Median for plans this size$3,635
2024$651 per active participant
2023$826 per active participant
2022$884 per active participant

M. E. Fields, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
JOHN HANCOCK · Recordkeeping · Loan processing$117,121
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (plan)$137,955
MILLER COOPER & CO., LTD · Accounting / audit$11,000

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$266,076 · 0.30%
2023$241,962 · 0.31%
2022$222,325 · 0.29%
Same employer
Similar plansRetail Trade · Illinois
Abt Electronics, Inc. IL$124.7M · 0.21%
Martin & Bayley, Inc. IL$120.6M · 0.01%
Campagna-Turano Bakery, Inc. IL$103.5M · 0.19%
Dick Blick Holdings, Inc. IL$102.1M · 0.15%
Imperial Optical Midco Inc. IL$83.0M · 0.55%
Mark Anthony Brands Inc. IL$79.5M · 0.45%
Weathertech Direct, LLC IL$77.7M · 0.07%
Brainlab, Inc. IL$76.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362713672 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.