Plan Ledger DOL Form 5500 · updated monthly

Skogen's Foodliner, Inc.401(k)

SKOGEN'S FOODLINER AND ASSOCIATES RETIREMENT SAVINGS PLAN · ONALASKA, WI · plan year 2023

Reported admin expense ratio · 2023
0.34%

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

Skogen's Foodliner, Inc. reported $359,339 in plan administrative expenses for 2023: 0.34% of average plan assets, higher than ~75% of peers. Employer contributions averaged $700 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 1 year on file its reported administrative ratio fell from 0.47% to 0.34%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other retail trade employers. By assets it is the 208th-largest of 1,936 plans among Wisconsin employers on file, and the 330th of 5,215 in retail trade. In 2023, employees put in $2.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$117,496,919
Participants with balances5,100
Active participants4,044
Employer contributions$2,831,834
Employee contributions$8,041,864
Employer contribution per active participant$700
Average account balance$23,039
Benefits paid to participants$12,401,940
Plan auditUnmodified (clean) audit opinion
AuditorHAWKINS, ASH CPAS
Plan history2
Yearassets · accounts · employer contribution
2023$117.5M · 5,100 accts · $2.8M emplr
2022$93.7M · 5,124 accts · $2.9M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$277,359
Investment management$45,000
Trustee / custodial$36,980
Total administrative$359,339
The Skogen's Foodliner, Inc. 401(k) match · 2023
Employer contribution per active participant$700
Median for plans this size$3,659
2023$700 per active participant
2022$698 per active participant

Skogen's Foodliner, Inc.'s 2023 employer contribution ran below the $3,659 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
MILLIMAN · Recordkeeping · Loan processing$277,359
LPL FINANCIAL · Consulting$45,000
MATRIX TRUST COMPANY · Custodial (securities) · Trustee (directed)$36,980

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

Administrative cost history2
2023$359,339 · 0.34%
2022$417,656 · 0.47%
All plans at this employer2
SKOGEN'S FOODLINER AND ASSOCIATES RETIREMENT SAVINGS PLAN401(k)
SKOGEN'S FOODLINER & ASSOCIATES EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansRetail Trade · Wisconsin
Pomps Tire Service Inc. WI$160.9M · 0.20%
Zimbrick, Inc. WI$130.3M · 0.13%
Bergstrom Corporation, Inc. WI$119.1M · 0.27%
Bauer Built, Inc. WI$83.1M · 0.28%
Wall Family Enterprise Inc. WI$77.1M · 0.24%
Complete Office, LLC WI$73.9M · 0.02%
Csm Companies, Inc WI$61.4M · 0.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 391086421 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.