Plan Ledger DOL Form 5500 · updated monthly

Maryland & Virginia Milk Producers Cooperative Association, Inc.401(k)

MARYLAND & VIRGINIA MILK PRODUCERS COOPERATIVE ASSOCIATION, INC. 401(K) RETIREMENT PLAN · HERNDON, VA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Maryland & Virginia Milk Producers Cooperative Association, Inc. reported $202,402 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,816 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 0.10% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 560th-largest of 2,266 plans among Virginia employers on file, and the 979th of 4,246 in wholesale trade. In 2024, employees put in $3.08 for every $1.00 the employer contributed; active participation has grown from 603 to 703 since 2022.

Plan summary
Net assets, end of year$42,293,476
Participants with balances826
Active participants703
Employer contributions$1,276,554
Employee contributions$3,934,588
Employer contribution per active participant$1,816
Average account balance$51,203
Benefits paid to participants$5,424,794
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.3M · 826 accts · $1.3M emplr
2023$36.6M · 794 accts · $1.1M emplr
2022$30.0M · 771 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$156,157
Investment management$46,245
Total administrative$202,402
The Maryland & Virginia Milk Producers Cooperative Association, Inc. 401(k) match · 2024
Employer contribution per active participant$1,816
Median for plans this size$2,416
2024$1,816 per active participant
2023$1,677 per active participant
2022$1,733 per active participant

Maryland & Virginia Milk Producers Cooperative Association, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$156,157
NORTHEAST FINANCIAL GROUP · Investment advisory (plan)$46,245
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$202,402 · 0.51%
2023$72,891 · 0.22%
2022$34,050 · 0.10%
All plans at this employer2
MARYLAND & VIRGINIA MILK PRODUCERS COOPERATIVE ASSOCIATION, INC. 401(K) RETIREMENT PLAN401(k)
MDVA LOCAL 463 401(K) PLAN401(k)
Same employer
Similar plansWholesale Trade · Virginia
Woodfin Heating, Inc. VA$43.1M · 0.23%
Exostar LLC VA$41.6M · 0.04%
Holtzman Oil Corp. VA$37.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540629090 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.