Plan Ledger DOL Form 5500 · updated monthly

West Point Dairy Products, LLC401(k)

WEST POINT DAIRY PRODUCTS, LLC. RETIREMENT PLAN · GREENWOOD, WI · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

West Point Dairy Products, LLC reported $92,447 in plan administrative expenses for 2024: 0.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,544 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 0.54% to 0.69%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (1,081st of 1,936), and 7,298th of 13,661 in manufacturing. In 2024, employees put in $1.44 for every $1.00 the employer contributed; active participation has grown from 283 to 329 since 2022.

Plan summary
Net assets, end of year$14,289,639
Participants with balances399
Active participants329
Employer contributions$836,824
Employee contributions$1,204,967
Employer contribution per active participant$2,544
Average account balance$35,814
Benefits paid to participants$2,061,405
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 399 accts · $837K emplr
2023$12.5M · 342 accts · $670K emplr
2022$10.2M · 462 accts · $620K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,194
Investment management$48,253
Total administrative$92,447
The West Point Dairy Products, LLC 401(k) match · 2024
Employer contribution per active participant$2,544
Median for plans this size$2,416
2024$2,544 per active participant
2023$2,134 per active participant
2022$2,193 per active participant

West Point Dairy Products, LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$44,194
AVANTAX ADVISORY SERVICES · Investment advisory (plan)$48,253

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$92,447 · 0.69%
2023$69,089 · 0.61%
2022$58,731 · 0.54%
Same employer
Similar plansManufacturing · Wisconsin
Muza Metal Products, LLC WI$14.6M · 0.55%
Wisconsin Built, Inc. WI$14.5M · 0.43%
Fox Valley Metal Tech, Inc. WI$14.4M · 0.51%
Northwire, Inc. WI$14.3M · 0.49%
Duratech Industries WI$14.3M · 0.11%
Wisconsin Built, Inc. WI$14.2M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202548135 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.