Plan Snapshot
- Plan Sponsor: Masters Gallery Foods, INC.
- Sponsor EIN: 391036619
- Sponsor Address: 328 COUNTY HIGHWAY PP, PLYMOUTH, WI, 530730170
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 1,486
- Total Assets: $95.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 1,486 | $95.6M | $0 | $0 |
| 2024 | 1,023 | $80.5M | $2.2M | $5.2M |
| 2023 | 990 | $70.3M | $2.0M | $4.6M |
| 2022 | 898 | $57.8M | $1.8M | $4.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ONEAMERICA RETIREMENT SERVICES LLC | Recordkeeper | $115,288 | — | $115,288 |
| SPECTRUM INVESTMENT ADVISORS, INC | Investment Advisor | $57,277 | — | $57,277 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $172,565
- Estimated Expense Ratio: 0.180% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $6,879,152 | $57,677 | $116,162 | — | — |
| 2024 | $172,702 | $58,670 | $114,032 | — | — |
| 2023 | $157,993 | $60,000 | $97,993 | — | — |
| 2022 | $177,356 | $60,000 | $117,356 | — | — |