Plan Ledger DOL Form 5500 · updated monthly

Agri Beef Company401(k)

AGRI BEEF CO. PROFIT SHARING PLAN AND TRUST · BOISE, ID · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Agri Beef Company reported $399,346 in plan administrative expenses for 2024: 0.43% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,773 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 0.20% to 0.43%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 26th-largest of 349 plans among Idaho employers on file, and the 43rd of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has grown from 1,241 to 1,725 since 2022.

Plan summary
Net assets, end of year$99,036,410
Participants with balances1,988
Active participants1,725
Employer contributions$3,057,814
Employee contributions$6,335,415
Employer contribution per active participant$1,773
Average account balance$49,817
Benefits paid to participants$10,641,831
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$99.0M · 1,988 accts · $3.1M emplr
2023$88.8M · 1,808 accts · $3.4M emplr
2022$74.2M · 1,369 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$306,983
Investment management$77,470
Audit (IQPA)$14,893
Total administrative$399,346
The Agri Beef Company 401(k) match · 2024
Employer contribution per active participant$1,773
Median for plans this size$3,635
2024$1,773 per active participant
2023$2,115 per active participant
2022$2,722 per active participant

Agri Beef Company's 2024 employer contribution ran below the $3,635 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 · 20244
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$306,983
FOCUS OPERATING LLC DBA JFS WEALTH · Investment advisory (plan)$105,116
EIDE BAILLY LLP · Accounting / audit$14,000
HAWLEY TROXELL ENNIS & HAWLEY LLP · Legal$892

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left Agri Beef Company before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$399,346 · 0.43%
2023$260,908 · 0.32%
2022$162,896 · 0.20%
Same employer
Similar plansAgriculture, Forestry & Fishing · Idaho
Indiana Packers Corporation IN$104.9M · 0.04%
Koch Foods, Inc. IL$101.5M · 0.25%
Rose Acre Farms, Inc. IN$100.4M · 0.16%
Coop Shared Services, LLC ID$99.2M · 0.14%
Prestage Farms, Inc. NC$96.8M · 0.34%
Ave-Plp, LLC IA$93.6M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820314694 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.