Plan Ledger DOL Form 5500 · updated monthly

Wizards Nuts Inc.401(k)

FLAGSTONE FOODS 401(K) PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Wizards Nuts Inc. reported $139,318 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,452 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 0.46% to 0.53%. 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 the 748th-largest of 1,918 plans among Minnesota employers on file, and the 4,899th of 13,661 in manufacturing. In 2024, employees put in $1.48 for every $1.00 the employer contributed; active participation has grown from 958 to 1,091 since 2022.

Plan summary
Net assets, end of year$26,726,707
Participants with balances646
Active participants1,091
Employer contributions$1,583,600
Employee contributions$2,349,717
Employer contribution per active participant$1,452
Average account balance$41,373
Benefits paid to participants$5,941,531
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$26.7M · 646 accts · $1.6M emplr
2023$25.6M · 628 accts · $1.5M emplr
2022$22.9M · 619 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$97,059
Investment management$42,259
Total administrative$139,318
The Wizards Nuts Inc. 401(k) match · 2024
Employer contribution per active participant$1,452
Median for plans this size$2,416
2024$1,452 per active participant
2023$1,458 per active participant
2022$1,515 per active participant

Wizards Nuts Inc.'s 2024 employer contribution ran below 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 · 20243
CHRISTENSEN GROUP FINANCIAL LLC · Investment advisory (plan)$25,000
EMPOWER ADVISORY GROUP, LLC · Investment management$17,259

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$139,318 · 0.53%
2023$95,991 · 0.40%
2022$116,637 · 0.46%
Similar plansManufacturing · Minnesota
Cyberoptics Corporation MN$27.8M · 0.24%
Clow Stamping Company MN$26.9M · 0.32%
Nonin Medical, Inc. MN$26.2M · 0.32%
Mrs. Gerry's Kitchen, LLC MN$26.2M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842374541 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.