Plan Ledger DOL Form 5500 · updated monthly

Milaeger's Inc.401(k)

MILAEGER'S INC. PROFIT SHARING PLAN · RACINE, WI · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Milaeger's Inc. reported $431 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.00% to 0.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Wisconsin (1,448th of 1,936), and 3,143rd of 5,215 in retail trade. active participation has grown from 108 to 126 since 2022.

Plan summary
Net assets, end of year$7,602,424
Participants with balances120
Active participants126
Employer contributions$0
Employee contributions$192,197
Employer contribution per active participant$0
Average account balance$63,354
Benefits paid to participants$277,490
Plan auditUnmodified (clean) audit opinion
AuditorDUFEK & CO., LLC.
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 120 accts
2023$6.4M · 107 accts
2022$5.2M · 106 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$400
Investment management$31
Total administrative$431
The Milaeger's Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Milaeger's Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$400

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$431 · 0.01%
2023$1,049 · 0.02%
2022$122 · 0.00%
Similar plansRetail Trade · Wisconsin
Service Motor Company WI$8.3M · 0.34%
Don Miller Inc. WI$8.0M · 0.19%
Toys for Trucks, Inc. WI$7.8M · 0.92%
Unbolt, Inc. WI$7.8M · 0.48%
Sendiks Fine Foods, Inc. WI$7.2M · 0.62%
J.W. Jung Seed Company WI$6.9M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391183888 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.