Plan Ledger DOL Form 5500 · updated monthly

The W.K. Kellogg FoundationMoney purchase plan

THE W.K. KELLOGG FOUNDATION SAVINGS PLAN · BATTLE CREEK, MI · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

The W.K. Kellogg Foundation reported $3,225 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $21,796 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 0.01% to 0.00%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 252nd-largest of 2,619 plans among Michigan employers on file, and the 175th of 3,341 in other services. In 2024, the employer put in $1.62 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$113,103,883
Participants with balances262
Active participants222
Employer contributions$4,838,643
Employee contributions$2,979,795
Employer contribution per active participant$21,796
Average account balance$431,694
Benefits paid to participants$7,253,470
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$113.1M · 262 accts · $4.8M emplr
2023$100.6M · 262 accts · $4.5M emplr
2022$84.9M · 275 accts · $4.5M emplr
Employer contributions to the The W.K. Kellogg Foundation plan · 2024
Employer contribution per active participant$21,796
Median for plans this size$3,635
2024$21,796 per active participant
2023$21,313 per active participant
2022$20,486 per active participant

The W.K. Kellogg Foundation's 2024 employer contribution ran above the $3,635 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$4,905

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,225 · 0.00%
2023$3,500 · 0.00%
2022$5,188 · 0.01%
Same employer
Similar plansOther Services · Michigan
International Union, Uaw MI$212.8M · 0.02%
Comau LLC MI$189.1M · 0.14%
Trion Solutions, Inc. MI$106.6M · 0.35%
Peckham, Inc. MI$67.2M · 0.41%
The Kresge Foundation MI$63.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381359264 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.