Plan Ledger DOL Form 5500 · updated monthly

Weaver Popcorn Manufacturing, LLC.401(k)

WEAVER EMPLOYEE 401(K) PLAN · WHITESTOWN, IN · plan year 2023

Reported admin expense ratio · 2023
0.35%

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

Weaver Popcorn Manufacturing, LLC. reported $262,232 in plan administrative expenses for 2023: 0.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,506 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 0.44% to 0.40%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 184th-largest of 1,562 plans among Indiana employers on file, and the 2,260th of 13,661 in manufacturing. In 2023, employees put in $1.39 for every $1.00 the employer contributed; active participation has shrunk from 993 to 882 since 2022.

Plan summary
Net assets, end of year$79,090,913
Participants with balances1,060
Active participants882
Employer contributions$3,974,282
Employee contributions$5,515,220
Employer contribution per active participant$4,506
Average account balance$74,614
Benefits paid to participants$8,124,286
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$74.2M · 745 accts · $3.7M emplr
2023$79.1M · 1,060 accts · $4.0M emplr
2022$69.0M · 1,171 accts · $4.3M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$150,261
Investment management$111,971
Total administrative$262,232
The Weaver Popcorn Manufacturing, LLC. 401(k) match · 2023
Employer contribution per active participant$4,506
Median for plans this size$3,659
2024$6,791 per active participant
2023$4,506 per active participant
2022$4,361 per active participant

Weaver Popcorn Manufacturing, LLC.'s 2023 employer contribution ran above the $3,659 median for plans its size. 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 · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$150,261
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$111,971

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$308,262 · 0.40%
2023$262,232 · 0.35%
2022$310,911 · 0.44%
Same employer
Similar plansManufacturing · Indiana
Dorel U.S.A., Inc. IN$88.9M · 0.25%
Jayco, Inc. IN$87.3M · 0.06%
Accuride Corporation IN$77.9M · 0.17%
Draper, Inc. IN$77.5M · 0.09%
Best Chairs, Inc. IN$76.9M · 0.17%
Vera Bradley Designs, Inc. IN$76.6M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350953313 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.