Plan Ledger DOL Form 5500 · updated monthly

Miller's, Inc.401(k)

MILLER'S, INC. EMPLOYEES' PROFIT SHARING PLAN · PITTSBURG, KS · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Miller's, Inc. reported $25,479 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,417 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 0.17% to 0.05%. 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 116th-largest of 828 plans among Kansas employers on file, and the 2,811th of 13,661 in manufacturing. In 2024, the employer put in $4.43 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$58,398,447
Participants with balances377
Active participants407
Employer contributions$2,611,632
Employee contributions$588,900
Employer contribution per active participant$6,417
Average account balance$154,903
Benefits paid to participants$2,310,988
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$58.4M · 377 accts · $2.6M emplr
2023$51.9M · 380 accts · $3.0M emplr
2022$45.2M · 360 accts · $4.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,435
Investment management$14,044
Total administrative$25,479
The Miller's, Inc. 401(k) match · 2024
Employer contribution per active participant$6,417
Median for plans this size$3,635
2024$6,417 per active participant
2023$7,168 per active participant
2022$9,455 per active participant

Miller's, Inc.'s 2024 employer contribution ran above 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 · 20242
CREATIVE PLANNING LLC · Investment advisory (plan)$14,044
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,435

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$25,479 · 0.05%
2023$89,452 · 0.18%
2022$79,925 · 0.17%
Same employer
Similar plansManufacturing · Kansas
Hostess Brands, LLC KS$73.7M · 0.26%
The Bradbury Co., Inc. KS$70.7M · 0.11%
Huhtamaki, Inc. KS$63.1M · 0.12%
Mgpi Processing, Inc. KS$58.4M · 0.09%
Wireco Worldgroup Inc. KS$58.3M · 0.09%
Learjet Inc. KS$57.1M · 0.07%
Gill Studios, Inc. KS$55.9M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480646484 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.