Plan Ledger DOL Form 5500 · updated monthly

Sendik's Management Company, Inc401(k)

SENDIK'S FOOD MARKET RETIREMENT PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Sendik's Management Company, Inc reported $135,146 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $803 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 0.39% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 566th-largest of 1,936 plans among Wisconsin employers on file, and the 929th of 5,215 in retail trade. In 2024, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,994,575
Participants with balances576
Active participants1,112
Employer contributions$892,529
Employee contributions$1,902,819
Employer contribution per active participant$803
Average account balance$59,018
Benefits paid to participants$2,800,327
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.0M · 576 accts · $893K emplr
2023$30.2M · 105 accts · $875K emplr
2022$25.6M · 585 accts · $878K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,307
Investment management$44,250
Audit (IQPA)$2,205
Total administrative$135,146
The Sendik's Management Company, Inc 401(k) match · 2024
Employer contribution per active participant$803
Median for plans this size$2,416
2024$803 per active participant
2023$767 per active participant
2022$836 per active participant

Sendik's Management Company, Inc'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 · 20243
CREATIVE PLANNING LLC · Investment advisory (plan)$44,250
CLIFTONLARSONALLEN LLP · Accounting / audit$2,205

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$135,146 · 0.42%
2023$108,030 · 0.39%
2022$107,211 · 0.39%
Same employer
Similar plansRetail Trade · Wisconsin
Kayser Ford, Inc. WI$36.0M · 0.29%
Boston, Inc. WI$34.3M · 0.02%
Russ Darrow Group, Inc. WI$34.2M · 0.22%
Ewald Automotive Group WI$33.8M · 0.25%
Buffalo Holding Company WI$33.5M · 0.08%
Acp Creativit, LLC WI$33.2M · 0.41%
Silver Star Brands, Inc. WI$33.0M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203453258 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.