Plan Ledger DOL Form 5500 · updated monthly

Schanock Packerland, LLC401(k)

SCHANOCK PACKERLAND, LLC 401K RETIREMENT SAVINGS PLAN · GREEN BAY, WI · plan year 2023

Reported admin expense ratio · 2023
0.34%

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

Schanock Packerland, LLC reported $25,330 in plan administrative expenses for 2023: 0.34% of average plan assets, below the peer median. Employer contributions averaged $597 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 0.46% to 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Wisconsin (1,415th of 1,936), and the 673rd of 2,240 in accommodation & food services. In 2023, employees put in $4.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,021,461
Participants with balances181
Active participants162
Employer contributions$96,662
Employee contributions$447,659
Employer contribution per active participant$597
Average account balance$44,317
Benefits paid to participants$709,614
Plan auditUnmodified (clean) audit opinion
AuditorKERBERROSE SC
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 177 accts · $99K emplr
2023$8.0M · 181 accts · $97K emplr
2022$7.0M · 209 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$25,330
Total administrative$25,330
The Schanock Packerland, LLC 401(k) match · 2023
Employer contribution per active participant$597
Median for plans this size$1,308
2024$586 per active participant
2023$597 per active participant

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

Service providers · 20233
AMERICAN TRUST COMPANY · Custodial (securities)$8,991
CLIFTONLARSONALLEN · Investment advisory (participants) · Investment advisory (plan)$8,839
KERBERROSE · Accounting / audit$7,500

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

Administrative cost history3
2024$47,655 · 0.60%
2023$25,330 · 0.34%
2022$34,461 · 0.46%
Similar plansAccommodation & Food Services · Wisconsin
Fsi, Inc. WI$8.8M · 0.19%
Valley Management, Inc. WI$8.3M · 0.50%
Cousins Submarines, Inc. WI$6.6M · 0.42%
Kohart, Inc. WI$5.8M · 0.73%
Kitchen Fresh Foods, LLC WI$4.6M · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 391623240 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.