Plan Ledger DOL Form 5500 · updated monthly

Bar-S Foods Co.401(k)

BAR-S FOODS CO. 401(K) AND PROFIT SHARING PLAN · SCOTTSDALE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Bar-S Foods Co. reported $477,381 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,662 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 0.22% to 0.24%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 73rd-largest of 1,285 plans among Arizona employers on file, and the 1,118th of 13,661 in manufacturing. In 2024, the employer put in $1.06 for every $1.00 employees contributed themselves; active participation has grown from 3,359 to 4,109 since 2022.

Plan summary
Net assets, end of year$211,821,492
Participants with balances3,477
Active participants4,109
Employer contributions$10,939,571
Employee contributions$10,285,850
Employer contribution per active participant$2,662
Average account balance$60,921
Benefits paid to participants$24,479,462
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$211.8M · 3,477 accts · $10.9M emplr
2023$191.6M · 3,074 accts · $9.7M emplr
2022$168.2M · 2,782 accts · $8.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$477,381
Total administrative$477,381
The Bar-S Foods Co. 401(k) match · 2024
Employer contribution per active participant$2,662
Median for plans this size$3,635
2024$2,662 per active participant
2023$2,562 per active participant
2022$2,433 per active participant

Bar-S Foods Co.'s 2024 employer contribution ran below the $3,635 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$477,381
SAGEVIEW ADVISORY GROUP · Investment advisory (plan)indirect comp
BAKER TILLY US, LLP · Other servicesindirect comp

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$477,381 · 0.24%
2023$411,623 · 0.23%
2022$399,007 · 0.22%
Same employer
Similar plansManufacturing · Arizona
Rogers Corporation AZ$244.5M · 0.06%
Axon Enterprise, Inc. AZ$228.6M · 0.25%
Mitel (Delaware), Inc. AZ$227.8M · 0.11%
Amkor Technology, Inc. AZ$222.9M · 0.06%
Cavco Industries, Inc. AZ$181.8M · 0.27%
Asm America, Inc. AZ$180.5M · 0.09%
Sunstate Equipment Co., LLC AZ$164.0M · 0.19%
Sumco Phoenix Corporation AZ$160.1M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860409987 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.