Plan Ledger DOL Form 5500 · updated monthly

Sabrosura Foods, LLC401(k)

SABROSURA FOODS, LLC RETIREMENT SAVINGS PLAN · BLOOMINGTON, MN · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Sabrosura Foods, LLC reported $82,909 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,013 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.

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 among the smaller plans on file in Minnesota (1,138th of 1,918), and 7,568th of 13,661 in manufacturing. In 2024, employees put in $3.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,454,218
Participants with balances499
Active participants466
Employer contributions$472,160
Employee contributions$1,513,426
Employer contribution per active participant$1,013
Average account balance$26,962
Benefits paid to participants$1,449,265
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,909
Total administrative$82,909
The Sabrosura Foods, LLC 401(k) match · 2024
Employer contribution per active participant$1,013
Median for plans this size$2,416

Sabrosura Foods, LLC's 2024 employer contribution ran below the $2,416 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 · 20241
LINCOLN NATIONAL CORPORATION · Contract administrator$82,909

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

Administrative cost history1
2024$82,909 · 0.68%
Similar plansManufacturing · Minnesota
Paca, Inc. MN$13.7M · 0.16%
Spectro Alloys Corporation MN$13.7M · 0.32%
Lakeshirts, Inc. MN$13.6M · 0.60%
Thern, Inc. MN$13.3M · 0.03%
The Dynamic Group, Inc MN$13.0M · 0.06%
L&M Radiator, Inc. MN$12.9M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 902377276 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.