Plan Ledger DOL Form 5500 · updated monthly

Minnesota Best Maid Cookie Co., Inc.401(k)

RISE BAKING COMPANY 401(K) PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Minnesota Best Maid Cookie Co., Inc. reported $336,687 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,977 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 0.19% to 0.27%. 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 224th-largest of 1,918 plans among Minnesota employers on file, and the 1,549th of 13,661 in manufacturing. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has grown from 1,352 to 2,387 since 2022.

Plan summary
Net assets, end of year$131,742,340
Participants with balances2,387
Active participants2,387
Employer contributions$4,718,529
Employee contributions$8,806,492
Employer contribution per active participant$1,977
Average account balance$55,192
Benefits paid to participants$13,532,060
Plan auditUnmodified (clean) audit opinion
AuditorCLA
Plan history3
Yearassets · accounts · employer contribution
2024$131.7M · 2,387 accts · $4.7M emplr
2023$114.7M · 2,322 accts · $4.4M emplr
2022$98.7M · 982 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$273,631
Investment management$63,056
Total administrative$336,687
The Minnesota Best Maid Cookie Co., Inc. 401(k) match · 2024
Employer contribution per active participant$1,977
Median for plans this size$3,635
2024$1,977 per active participant
2023$1,663 per active participant
2022$1,265 per active participant

Minnesota Best Maid Cookie Co., Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$33,057
THE HAYS FINANCIAL GROUP, LLC · Investment advisory (plan)$29,999

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$336,687 · 0.27%
2023$233,778 · 0.22%
2022$131,790 · 0.19%
Similar plansManufacturing · Minnesota
Cambria Company LLC MN$144.9M · 0.06%
Digi International, Inc. MN$143.1M · 0.09%
Hawkins, Inc. MN$138.8M · 0.11%
Jostens, Inc. MN$136.3M · 0.14%
Miller Waste Mills, Inc. MN$130.0M · 0.13%
Cemstone Products Company MN$129.0M · 0.25%
Datasite LLC MN$120.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411288452 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.