Plan Ledger DOL Form 5500 · updated monthly

Marathon Cheese Corporation401(k)

MARATHON CHEESE EMPLOYEE'S 401(K) RETIREMENT PLAN · MARATHON, WI · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Marathon Cheese Corporation reported $402,168 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $1,382 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 0.25% to 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 132nd-largest of 1,936 plans among Wisconsin employers on file, and the 1,141st of 13,661 in manufacturing. In 2024, employees put in $3.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$205,464,422
Participants with balances2,846
Active participants2,109
Employer contributions$2,913,847
Employee contributions$10,797,169
Employer contribution per active participant$1,382
Average account balance$72,194
Benefits paid to participants$18,317,531
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$205.5M · 2,846 accts · $2.9M emplr
2023$187.6M · 3,096 accts · $2.9M emplr
2022$164.8M · 2,665 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$212,994
Investment management$153,964
Trustee / custodial$35,210
Total administrative$402,168
The Marathon Cheese Corporation 401(k) match · 2024
Employer contribution per active participant$1,382
Median for plans this size$3,635
2024$1,382 per active participant
2023$1,324 per active participant
2022$1,367 per active participant

Marathon Cheese Corporation'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 · 20244
MILLIMAN, INC. · Recordkeeping · Loan processing$212,994
ORGEL WEALTH MANAGEMENT, LLC · Investment advisory (participants) · Investment advisory (plan)$153,964
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trustee (directed)$35,210
CHARLES SCHWAB & CO., INC. · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024Milliman
2023Alerus, Milliman

This plan has changed recordkeepers within these filings. If you left Marathon Cheese Corporation before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$402,168 · 0.20%
2023$440,818 · 0.25%
2022$437,442 · 0.25%
Same employer
Similar plansManufacturing · Wisconsin
Briggs & Stratton, LLC WI$226.7M · 0.21%
Robinson, Inc. WI$224.1M
Grande Cheese Company WI$211.4M · 0.07%
Jj Keller & Associates, Inc. WI$193.0M · 0.13%
Springs Window Fashions, LLC WI$185.6M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390873270 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.