Plan Ledger DOL Form 5500 · updated monthly

Military Deli & Bakery Services Inc401(k)

MDBS HOURLY 401(K) PLAN · AURORA, IL · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Military Deli & Bakery Services Inc reported $57,458 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. Employer contributions averaged $2,641 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 1.41% to 0.73%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Illinois (2,504th of 3,702), and the 630th of 2,240 in accommodation & food services. In 2024, the employer put in $9.23 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$8,754,297
Participants with balances1,121
Active participants851
Employer contributions$2,247,274
Employee contributions$243,402
Employer contribution per active participant$2,641
Average account balance$7,809
Benefits paid to participants$1,471,655
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 1,121 accts · $2.2M emplr
2023$7.1M · 1,319 accts · $223K emplr
2022$5.2M · 1,397 accts · $657K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,458
Total administrative$57,458
The Military Deli & Bakery Services Inc 401(k) match · 2024
Employer contribution per active participant$2,641
Median for plans this size$1,313
2024$2,641 per active participant
2023$253 per active participant
2022$840 per active participant

Military Deli & Bakery Services Inc's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$137,241
EXPERIENTIAL WEALTH, INC. · Pension consulting · Investment advisory (plan)$10,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Military Deli & Bakery Services Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$57,458 · 0.73%
2023$76,407 · 1.24%
2022$82,119 · 1.41%
All plans at this employer2
MDBS HOURLY 401(K) PLAN401(k)
MDBS SALARIED 401(K) PLAN401(k)
Same employer
Similar plansAccommodation & Food Services · Illinois
Ahi International, LLC IL$11.2M · 0.34%
Monical Pizza Corporation IL$10.5M · 0.68%
Buona Beef, LLC IL$10.4M · 0.71%
Q Center LLC IL$9.3M · 0.25%
Chinn Enterprises, Inc. IL$7.5M · 0.41%
Clarity Clinic, LLC IL$7.0M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954598949 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.