Plan Ledger DOL Form 5500 · updated monthly

United Dairy Farmers, Inc.401(k)

UNITED DAIRY FARMERS, INC. INCENTIVE SAVINGS PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

United Dairy Farmers, Inc. reported $95,768 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $247 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 0.20% to 0.23%. 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 721st-largest of 3,295 plans among Ohio employers on file, and the 725th of 5,215 in retail trade. In 2024, employees put in $4.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$44,261,972
Participants with balances628
Active participants2,150
Employer contributions$532,046
Employee contributions$2,180,167
Employer contribution per active participant$247
Average account balance$70,481
Benefits paid to participants$4,026,156
Plan auditUnmodified (clean) audit opinion
AuditorKATZ SAPPER & MILLER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$44.3M · 628 accts · $532K emplr
2023$40.6M · 613 accts · $608K emplr
2022$34.0M · 617 accts · $529K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$91,768
Total administrative$95,768
The United Dairy Farmers, Inc. 401(k) match · 2024
Employer contribution per active participant$247
Median for plans this size$2,416
2024$247 per active participant
2023$312 per active participant
2022$267 per active participant

United Dairy Farmers, 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 · 20242
WORLD INVESTMENT ADVISORS, LLCindirect comp

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$95,768 · 0.23%
2023$77,508 · 0.21%
2022$73,505 · 0.20%
All plans at this employer2
UNITED DAIRY FARMERS, INC. MONEY PURCHASEMoney purchase plan
UNITED DAIRY FARMERS, INC. INCENTIVE SAVINGS PLAN401(k)
Same employer
Similar plansRetail Trade · Ohio
Leaffilter North, LLC OH$44.7M · 1.24%
Micro Electronics, Inc. OH$36.7M · 0.24%
Marc Glassman, Inc. OH$34.4M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311361170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.