Plan Ledger DOL Form 5500 · updated monthly

Manna, Inc.401(k)

MANNA, INC. 401(K) PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Manna, Inc. reported $75,248 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $587 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 0.24% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 222nd-largest of 871 plans among Kentucky employers on file, and the 206th of 2,240 in accommodation & food services. In 2024, employees put in $3.23 for every $1.00 the employer contributed; active participation has shrunk from 839 to 683 since 2022.

Plan summary
Net assets, end of year$29,624,870
Participants with balances624
Active participants683
Employer contributions$401,213
Employee contributions$1,294,273
Employer contribution per active participant$587
Average account balance$47,476
Benefits paid to participants$3,817,177
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.6M · 624 accts · $401K emplr
2023$28.6M · 628 accts · $346K emplr
2022$26.8M · 638 accts · $311K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,861
Investment management$19,387
Total administrative$75,248
The Manna, Inc. 401(k) match · 2024
Employer contribution per active participant$587
Median for plans this size$2,416
2024$587 per active participant
2023$429 per active participant
2022$371 per active participant

Manna, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
FIFTH THIRD BANK · Investment advisory (plan)$19,387

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$75,248 · 0.26%
2023$71,899 · 0.26%
2022$70,816 · 0.24%
Same employer
Similar plansAccommodation & Food Services · Kentucky
Crestview Management LLC KY$93.5M · 0.12%
Aljsco Management LLC. KY$15.4M · 0.52%
Malones Holding LLC KY$13.1M · 0.36%
Musselman Hotels, LLC KY$9.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611355719 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.