Plan Ledger DOL Form 5500 · updated monthly

Wildflower Bread Company, LLC401(k)

WILDFLOWER BREAD COMPANY 401(K) SAVINGS PLAN · SCOTTSDALE, AZ · plan year 2023

Reported admin expense ratio · 2023
1.11%

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

Wildflower Bread Company, LLC reported $26,275 in plan administrative expenses for 2023: 1.11% of average plan assets, higher than ~75% of peers. Employer contributions averaged $142 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 0.72% to 2.82%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Arizona (1,006th of 1,285), and 1,290th of 2,240 in accommodation & food services. In 2023, employees put in $4.58 for every $1.00 the employer contributed; active participation has shrunk from 970 to 523 since 2022.

Plan summary
Net assets, end of year$2,578,248
Participants with balances231
Active participants523
Employer contributions$74,440
Employee contributions$340,986
Employer contribution per active participant$142
Average account balance$11,161
Benefits paid to participants$325,800
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23K · 1 accts · $74K emplr
2023$2.6M · 231 accts · $74K emplr
2022$2.2M · 319 accts · $67K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$17,029
Investment management$9,246
Total administrative$26,275
The Wildflower Bread Company, LLC 401(k) match · 2023
Employer contribution per active participant$142
Median for plans this size$1,308
2024$74,302 per active participant
2023$142 per active participant
2022$70 per active participant

Wildflower Bread Company, LLC's 2023 employer contribution ran below the $1,308 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 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$17,029
INTEGRATED WEALTH CONCEPTS LLC · Investment advisory (plan)$9,246

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$36,716 · 2.82%
2023$26,275 · 1.11%
2022$16,204 · 0.72%
Same employer
Similar plansAccommodation & Food Services · Arizona
M Culinary Concepts, Inc. AZ$3.9M · 0.43%
Valle Luna, Inc. AZ$3.3M · 0.94%
And Go Concepts, LLC AZ$3.2M · 0.43%
Atrium Holding Company AZ$2.5M · 1.16%
Dias Management Inc. AZ$2.5M · 2.25%
Barnett Management Co AZ$2.4M · 1.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800829894 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.