Plan Ledger DOL Form 5500 · updated monthly

Masters Gallery Foods, Inc.401(k)

MASTERS GALLERY FOODS, INC. RETIREMENT SAVINGS PLAN · PLYMOUTH, WI · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Masters Gallery Foods, Inc. reported $172,702 in plan administrative expenses for 2024: 0.23% of average plan assets, above the peer median. Employer contributions averaged $2,192 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 0.29% to 0.23%. 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 279th-largest of 1,936 plans among Wisconsin employers on file, and the 2,246th of 13,661 in manufacturing. In 2024, employees put in $2.33 for every $1.00 the employer contributed; active participation has grown from 898 to 1,023 since 2022.

Plan summary
Net assets, end of year$80,135,577
Participants with balances1,224
Active participants1,023
Employer contributions$2,242,664
Employee contributions$5,232,260
Employer contribution per active participant$2,192
Average account balance$65,470
Benefits paid to participants$5,758,712
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$80.1M · 1,224 accts · $2.2M emplr
2023$70.3M · 1,099 accts · $2.0M emplr
2022$57.8M · 1,039 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$114,032
Investment management$58,670
Total administrative$172,702
The Masters Gallery Foods, Inc. 401(k) match · 2024
Employer contribution per active participant$2,192
Median for plans this size$3,635
2024$2,192 per active participant
2023$2,048 per active participant
2022$2,034 per active participant

Masters Gallery Foods, Inc.'s 2024 employer contribution ran below the $3,635 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
ONEAMERICA RETIREMENT SERVICES, LLC · Recordkeeping · Participant communication$114,032
SPECTRUM INVESTMENT ADVISORS, INC. · Investment advisory (plan)$58,670
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp
MSCS FS DIV OF BROADRIDGE BPO, LLCindirect 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
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$172,702 · 0.23%
2023$157,993 · 0.25%
2022$177,356 · 0.29%
Same employer
Similar plansManufacturing · Wisconsin
Curt G. Joa, Inc. WI$83.3M · 0.13%
Syntegon US Holding Inc WI$81.2M · 0.10%
Ldv, Inc. WI$80.0M · 0.27%
Vp Holdings Corp. WI$79.9M · 0.14%
Serigraph, Inc. WI$79.2M · 0.20%
Smc, LTD. WI$78.9M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391036619 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.