Plan Ledger DOL Form 5500 · updated monthly

Miceli Dairy Products Company401(k)

MICELI DAIRY PRODUCTS COMPANY 401(K) PLAN AND TRUST · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Miceli Dairy Products Company reported $53,243 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $1,849 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 3 years on file its reported administrative ratio has held roughly steady near 0.360%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,539th-largest of 3,295 plans among Ohio employers on file, and the 6,799th of 13,661 in manufacturing. In 2024, employees put in $2.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,031,414
Participants with balances187
Active participants176
Employer contributions$325,347
Employee contributions$739,710
Employer contribution per active participant$1,849
Average account balance$85,729
Benefits paid to participants$665,854
Plan auditUnmodified (clean) audit opinion
AuditorCIUNI & PANICHI, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$16.0M · 187 accts · $325K emplr
2023$13.6M · 194 accts · $441K emplr
2022$10.8M · 209 accts · $336K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,243
Total administrative$53,243
The Miceli Dairy Products Company 401(k) match · 2024
Employer contribution per active participant$1,849
Median for plans this size$2,416
2024$1,849 per active participant
2023$2,610 per active participant
2022$1,771 per active participant

Miceli Dairy Products Company'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$53,243
LPL FINANCIAL LLC · Other servicesindirect 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$53,243 · 0.36%
2023$47,267 · 0.39%
2022$44,718 · 0.36%
Same employer
Similar plansManufacturing · Ohio
Astro Shapes LLC OH$16.3M · 0.18%
Pacific Industries USA OH$16.3M · 0.77%
Lewco, Inc. OH$16.3M · 0.74%
Minco Tool & Mold, Inc. OH$16.1M · 0.06%
Chargeurs Protective Inc OH$16.0M · 0.32%
Shamrock Companies, Inc. OH$15.9M · 0.34%
Three D Metals Inc OH$15.8M · 0.54%
Vexos, Inc. & Subsidiaries OH$15.7M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340843026 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.