Plan Ledger DOL Form 5500 · updated monthly

Mullins Cheese, Inc.401(k)

MULLINS CHEESE, INC. PROFIT SHARING PLAN · MOSINEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Mullins Cheese, Inc. reported $103,515 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $3,627 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 0.38% to 0.35%. 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 610th-largest of 1,936 plans among Wisconsin employers on file, and the 4,341st of 13,661 in manufacturing. In 2024, employees put in $1.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,372,186
Participants with balances330
Active participants255
Employer contributions$925,000
Employee contributions$1,203,320
Employer contribution per active participant$3,627
Average account balance$95,067
Benefits paid to participants$1,762,264
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.4M · 330 accts · $925K emplr
2023$27.3M · 313 accts · $875K emplr
2022$22.3M · 299 accts · $830K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,916
Investment management$96,599
Total administrative$103,515
The Mullins Cheese, Inc. 401(k) match · 2024
Employer contribution per active participant$3,627
Median for plans this size$2,416
2024$3,627 per active participant
2023$3,692 per active participant
2022$3,502 per active participant

Mullins Cheese, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
ASSOCIATED TRUST COMPANY, N.A. · Recordkeeping · Pension consulting$103,515

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

Recordkeeper by year2
2024ASSOCIATED TRUST COMPANY, N.A.
2023ASSOCIATED TRUST COMPANY, N.A.

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Administrative cost history3
2024$103,515 · 0.35%
2023$87,259 · 0.35%
2022$91,367 · 0.38%
Same employer
Similar plansManufacturing · Wisconsin
Nercon Eng. & Mfg.Inc. WI$31.9M · 0.32%
Coating Place, Inc. WI$31.6M · 0.17%
Wilo USA LLC WI$30.9M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391140270 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.