Plan Ledger DOL Form 5500 · updated monthly

Miller Milling Company, LLC401(k)

MILLER MILLING COMPANY EMPLOYEE SAVINGS & RETIREMENT PLAN · EDEN PRAIRIE, MN · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Miller Milling Company, LLC reported $7,500 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,890 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 0.11% to 0.03%. 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 709th-largest of 1,918 plans among Minnesota employers on file, and the 4,575th of 13,661 in manufacturing. In 2024, employees put in $1.45 for every $1.00 the employer contributed; active participation has grown from 251 to 286 since 2022.

Plan summary
Net assets, end of year$29,173,643
Participants with balances361
Active participants286
Employer contributions$1,398,416
Employee contributions$2,025,659
Employer contribution per active participant$4,890
Average account balance$80,813
Benefits paid to participants$2,509,844
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.2M · 361 accts · $1.4M emplr
2023$25.0M · 322 accts · $1.4M emplr
2022$19.8M · 310 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,500
Total administrative$7,500
The Miller Milling Company, LLC 401(k) match · 2024
Employer contribution per active participant$4,890
Median for plans this size$2,416
2024$4,890 per active participant
2023$5,393 per active participant
2022$4,751 per active participant

Miller Milling Company, LLC's 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$7,500

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$7,500 · 0.03%
2023$6,416 · 0.03%
2022$23,710 · 0.11%
Same employer
Similar plansManufacturing · Minnesota
Rotochopper, Inc. MN$30.5M · 0.30%
Delkor Systems, Inc. MN$30.3M · 0.04%
Plastech Corporation MN$30.2M · 0.14%
Phillips & Temro Industries MN$29.9M · 0.04%
Bolger LLC MN$28.8M · 0.23%
National Checking Company MN$28.6M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 411539050 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.