Plan Ledger DOL Form 5500 · updated monthly

Martin's Bulk Milk Services, Inc.401(k)

MARTIN'S BULK MILK SERVICE, INC. SAVINGS PLAN · WILTON, WI · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Martin's Bulk Milk Services, Inc. reported $59,948 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $1,513 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 0.74% to 0.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Wisconsin (1,329th of 1,936), and the 1,211th of 2,677 in transportation & warehousing. In 2024, employees put in $1.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,114,769
Participants with balances167
Active participants247
Employer contributions$373,673
Employee contributions$736,622
Employer contribution per active participant$1,513
Average account balance$54,579
Benefits paid to participants$983,646
Plan auditUnmodified (clean) audit opinion
AuditorHANCOCK & ROBINSON
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 167 accts · $374K emplr
2023$8.2M · 164 accts · $368K emplr
2022$8.4M · 162 accts · $364K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,622
Investment management$21,326
Total administrative$59,948
The Martin's Bulk Milk Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,513
Median for plans this size$1,313
2024$1,513 per active participant
2023$1,507 per active participant
2022$1,516 per active participant

Martin's Bulk Milk Services, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20243
DARK HORSE FINANCIAL LLC · Investment advisory (plan)$20,785
EMPOWER ADVISORY GROUP, LLC · Investment management$541

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$59,948 · 0.69%
2023$53,212 · 0.64%
2022$68,541 · 0.74%
Same employer
Similar plansTransportation & Warehousing · Wisconsin
Leman U.S.A. Inc. WI$9.4M · 0.27%
Sutton Transport, Inc. WI$8.9M · 1.47%
Kobussen Buses, LTD. WI$8.4M · 0.58%
Rands Trucking, Inc. WI$8.2M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391301505 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.