Plan Ledger DOL Form 5500 · updated monthly

Perfection Bakeries, Inc.401(k)

AUNT MILLIE'S BAKERIES UNION 401(K) SAVINGS PLAN · FORT WAYNE, IN · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Perfection Bakeries, Inc. reported $242,083 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,970 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 0.20% to 0.23%. 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 140th-largest of 1,562 plans among Indiana employers on file, and the 1,827th of 13,661 in manufacturing. In 2024, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$106,218,644
Participants with balances936
Active participants628
Employer contributions$2,492,868
Employee contributions$4,263,299
Employer contribution per active participant$3,970
Average account balance$113,481
Benefits paid to participants$14,861,515
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$106.2M · 936 accts · $2.5M emplr
2023$100.5M · 877 accts · $2.5M emplr
2022$89.7M · 908 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$133,540
Investment management$94,368
Audit (IQPA)$14,175
Total administrative$242,083
The Perfection Bakeries, Inc. 401(k) match · 2024
Employer contribution per active participant$3,970
Median for plans this size$3,635
2024$3,970 per active participant
2023$4,096 per active participant
2022$3,750 per active participant

Perfection Bakeries, 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 · 20243
JOHN HANCOCK · Recordkeeping · Loan processing$183,908
PROCOURSE FIDUCIARY ADVISORS, LLC · Pension consulting$44,000
CROWE, LLP · Accounting / audit$14,175

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$242,083 · 0.23%
2023$231,306 · 0.24%
2022$206,482 · 0.20%
All plans at this employer2
AUNT MILLIE'S BAKERIES UNION 401(K) SAVINGS PLAN401(k)
AUNT MILLIE'S BAKERIES 401(K) SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Indiana
Dwyer Instruments, Inc. IN$117.6M · 0.24%
Ofs Brands Holdings, Inc. IN$112.8M · 0.31%
Weg Electric Corp. IN$109.6M · 0.21%
Aurorium Holdings LLC IN$97.6M · 0.14%
Dorel U.S.A., Inc. IN$88.9M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350577170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.