Department of Labor filing

MICHIGAN BRAND, INC.

MICHIGAN BRAND MEATS 401(K) PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Sep 30, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

56filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$1,074

Reported employer contributions per active participant.

Higher than about 69% of comparable plans

#People in the filing

123

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$181 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 28% of comparable plans

↗Investment performance

Not available

Plan assets changed 18.9%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202456out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions69th percentileTypical peer $672 · based on 194 comparable plans

Lower reported administrative expense28th percentileTypical peer $108 · based on 206 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, MICHIGAN BRAND, INC. reported $132,104 in employer contributions across the plan and 123 active participants. That works out to $1,074 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy87%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 20.7%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 889.6%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context56/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $132,104
Participant contributions: $227,559
Other contributions: Not reported
Employer share of reported contributions: 36.7%
Beginning assets: $2,344,720
Ending assets: $2,788,769
Ending net assets: $2,788,630
Ending liabilities: $139
Total income: $683,707
Total expenses: $239,797
Administrative expenses: $31,860
Participant loans: $4,216

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$1,354

2023

$1,151

2024

$1,074

Plan-paid administrative expenses per participant

2022

$18

2023

$91

2024

$181

Active participants

2022

102

2023

108

2024

123

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,074	123	2.8M	20250930085439NAL0012999520002
2023	$1,151	108	2.3M	20241015114040NAL0028222833001
2022	$1,354	102	1.5M	20231012130309NAL0041876512001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 0.2%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Yes
Public plan identifier: 383235717-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 2019
Industry: Retail trade
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2J2K2F2G2R3D2T

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
CHARLES SCHWAB INVESTMENT MGMT, INC	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20250930085439NAL0012999520002

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗