Plan Ledger DOL Form 5500 · updated monthly

Zehnder's of Frankenmuth, Inc.401(k)

ZEHNDER'S OF FRANKENMUTH, INC. 401(K) & PROFIT SHARING PLAN & TRUST · FRANKENMUTH, MI · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Zehnder's of Frankenmuth, Inc. reported $105,190 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,196 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 3 years on file its reported administrative ratio has held roughly steady near 0.602%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 1,070th-largest of 2,619 plans among Michigan employers on file, and the 316th of 2,240 in accommodation & food services. In 2024, employees put in $2.28 for every $1.00 the employer contributed; active participation has grown from 344 to 418 since 2022.

Plan summary
Net assets, end of year$19,020,391
Participants with balances450
Active participants418
Employer contributions$500,000
Employee contributions$1,142,283
Employer contribution per active participant$1,196
Average account balance$42,268
Benefits paid to participants$685,435
Plan auditUnmodified (clean) audit opinion
AuditorYEO & YEO
Plan history3
Yearassets · accounts · employer contribution
2024$19.0M · 450 accts · $500K emplr
2023$15.9M · 411 accts · $500K emplr
2022$13.6M · 369 accts · $202K emplr
The Zehnder's of Frankenmuth, Inc. 401(k) match · 2024
Employer contribution per active participant$1,196
Median for plans this size$2,416
2024$1,196 per active participant
2023$1,340 per active participant
2022$588 per active participant

Zehnder's of Frankenmuth, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
MILLIMAN, INC. · Recordkeeping · Loan processing$31,159
CAPTRUST INVESTMENT ADVISORS · Investment advisory (participants) · Investment advisory (plan)$73,771
CHARLES SCHWAB & CO., INC. · Custodial (securities) · Trustee (directed)indirect comp

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

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

Administrative cost history3
2024$105,190 · 0.60%
2023$96,475 · 0.65%
2022$88,148 · 0.60%
Same employer
Similar plansAccommodation & Food Services · Michigan
Amway Hotel Corporation MI$52.0M · 0.02%
Patton Wings, Inc. MI$14.0M · 0.63%
Tsfr Apple Venture LLC MI$12.2M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381280601 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.