Plan Ledger DOL Form 5500 · updated monthly

Oryana Food Cooperative Inc.401(k)

ORYANA FOOD COOPERATIVE 401(K) PROFIT SHARING PLAN & TRUST · TRAVERSE CITY, MI · plan year 2023

Reported admin expense ratio · 2023
0.10%

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

Oryana Food Cooperative Inc. reported $1,597 in plan administrative expenses for 2023: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $924 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 0.13% to 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Michigan (2,392nd of 2,619), and 4,725th of 5,215 in retail trade. In 2023, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,787,044
Participants with balances99
Active participants125
Employer contributions$115,515
Employee contributions$160,288
Employer contribution per active participant$924
Average account balance$18,051
Benefits paid to participants$73,615
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$1.8M · 99 accts · $116K emplr
2022$1.4M · 100 accts · $92K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$737
Trustee / custodial$860
Total administrative$1,597
The Oryana Food Cooperative Inc. 401(k) match · 2023
Employer contribution per active participant$924
Median for plans this size$1,308
2023$924 per active participant
2022$734 per active participant

Oryana Food Cooperative Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$1,597 · 0.10%
2022$1,857 · 0.13%
Same employer
Similar plansRetail Trade · Michigan
Greyson Clothiers, LLC MI$1.8M · 0.51%
Jack's Fresh Market MI$1.8M · 0.69%
Carite Inc. MI$1.8M · 0.24%
Krlfm Inc MI$1.7M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382066104 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.