Plan Ledger DOL Form 5500 · updated monthly

United States Bakery401(k)

UNITED STATES BAKERY PROFIT SHARING & 401(K) PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

United States Bakery reported $209,062 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $8,782 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 0.23% to 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 97th-largest of 1,021 plans among Oregon employers on file, and the 1,813th of 13,661 in manufacturing. In 2024, the employer put in $2.51 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$106,855,515
Participants with balances1,337
Active participants1,051
Employer contributions$9,230,269
Employee contributions$3,682,305
Employer contribution per active participant$8,782
Average account balance$79,922
Benefits paid to participants$9,424,441
Plan auditUnmodified (clean) audit opinion
AuditorALDRICH CPAS & ADVISORS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$106.9M · 1,337 accts · $9.2M emplr
2023$98.3M · 1,268 accts · $9.3M emplr
2022$83.0M · 1,224 accts · $8.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,132
Investment management$149,615
Trustee / custodial$29,315
Total administrative$209,062
The United States Bakery 401(k) match · 2024
Employer contribution per active participant$8,782
Median for plans this size$3,635
2024$8,782 per active participant
2023$9,154 per active participant
2022$8,627 per active participant

United States Bakery'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 · 20244
MILLIMAN, INC. · Recordkeeping · Loan processing$30,132
MILLIMAN INVESTMENTS · Trustee$111,615
MORGAN STANLEY GLOBAL BANK OPS · Trustee$38,000
MATRIX TRUST · Custodial (securities) · Trustee (directed)$29,315

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

Recordkeeper by year2
2024Milliman
2023Milliman

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Administrative cost history3
2024$209,062 · 0.20%
2023$209,468 · 0.23%
2022$194,668 · 0.23%
Same employer
Similar plansManufacturing · Oregon
Siltronic Corporation OR$161.8M · 0.06%
Reser's Fine Foods, Inc. OR$154.8M · 0.23%
Leupold & Stevens, Inc. OR$147.1M · 0.11%
Stimson Lumber Company OR$99.5M · 0.08%
Datalogic USA, Inc. OR$94.3M · 0.29%
Vigor Industrial LLC OR$74.4M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930302130 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.