Plan Ledger DOL Form 5500 · updated monthly

Oberweis Dairy, Inc.401(k)

OBERWEIS DAIRY, INC. 401(K) PROFIT SHARING PLAN · NORTH AURORA, IL · plan year 2022

Reported admin expense ratio · 2022
0.22%

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

Oberweis Dairy, Inc. reported $45,807 in plan administrative expenses for 2022: 0.22% of average plan assets, below the peer median. Employer contributions averaged $758 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 1 year on file its reported administrative ratio fell from 0.22% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 1,790th-largest of 3,702 plans among Illinois employers on file, and the 336th of 2,240 in accommodation & food services. In 2022, employees put in $1.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,118,992
Participants with balances241
Active participants457
Employer contributions$346,616
Employee contributions$682,590
Employer contribution per active participant$758
Average account balance$75,183
Benefits paid to participants$2,586,741
Plan auditUnmodified (clean) audit opinion
AuditorRSM
Plan history2
Yearassets · accounts · employer contribution
2023$17.7M · 212 accts
2022$18.1M · 241 accts · $347K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$45,807
Total administrative$45,807
The Oberweis Dairy, Inc. 401(k) match · 2022
Employer contribution per active participant$758
Median for plans this size$2,266

Oberweis Dairy, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$35,254 · 0.20%
2022$45,807 · 0.22%
Similar plansAccommodation & Food Services · Illinois
Hospitality Staffing II LLC IL$25.1M · 0.34%
Hoffmann Oberweis Dairy LLC IL$17.6M · 0.15%
Oxford Capital Group, LLC IL$15.5M · 0.84%
Union League Club IL$14.6M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362267516 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.