Plan Ledger DOL Form 5500 · updated monthly

Sanimax USA LLC401(k)

SANIMAX 401(K) PLAN · GREEN BAY, WI · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Sanimax USA LLC reported $21,415 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,199 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 0.10% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 452nd-largest of 1,936 plans among Wisconsin employers on file, and the 107th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$44,729,971
Participants with balances454
Active participants331
Employer contributions$1,390,029
Employee contributions$2,251,102
Employer contribution per active participant$4,199
Average account balance$98,524
Benefits paid to participants$3,514,888
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.7M · 454 accts · $1.4M emplr
2023$40.3M · 479 accts · $1.3M emplr
2022$36.3M · 435 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,648
Investment management$8,767
Total administrative$21,415
The Sanimax USA LLC 401(k) match · 2024
Employer contribution per active participant$4,199
Median for plans this size$2,416
2024$4,199 per active participant
2023$3,881 per active participant
2022$3,803 per active participant

Sanimax USA LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$12,647
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$7,847
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, GLOBAL RETIREMENT PARTNERS
2023ADP, GLOBAL RETIREMENT PARTNERS

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Administrative cost history3
2024$21,415 · 0.05%
2023$43,688 · 0.11%
2022$39,611 · 0.10%
Same employer
Similar plansAgriculture, Forestry & Fishing · Wisconsin
United Cooperative WI$70.0M · 0.16%
Hartung Brothers, Inc. WI$47.7M · 0.15%
Huntsinger Farms, Inc. WI$27.2M · 0.27%
The Elkin Company, LLC WI$21.7M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391843618 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.