Plan Ledger DOL Form 5500 · updated monthly

Beef Northwest Feeders LLC401(k)

BEEF NORTHWEST FEEDERS, LLC EMPLOYEES' RETIREMENT PLAN · NORTH POWDER, OR · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Beef Northwest Feeders LLC reported $94,224 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,703 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 fell from 0.75% to 0.67%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 430th-largest of 1,021 plans among Oregon employers on file, and the 323rd of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.81 for every $1.00 the employer contributed; active participation has grown from 356 to 420 since 2022.

Plan summary
Net assets, end of year$15,152,607
Participants with balances340
Active participants420
Employer contributions$715,127
Employee contributions$1,297,835
Employer contribution per active participant$1,703
Average account balance$44,566
Benefits paid to participants$1,449,329
Plan auditUnmodified (clean) audit opinion
AuditorK COE ISOM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.2M · 340 accts · $715K emplr
2023$13.1M · 347 accts · $802K emplr
2022$9.2M · 306 accts · $604K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,224
Total administrative$94,224
The Beef Northwest Feeders LLC 401(k) match · 2024
Employer contribution per active participant$1,703
Median for plans this size$2,416
2024$1,703 per active participant
2023$2,063 per active participant
2022$1,696 per active participant

Beef Northwest Feeders LLC's 2024 employer contribution ran below the $2,416 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$94,223
NORTHWEST CAPITAL MANAGEMENT INC. · Investment advisory (plan)indirect 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$94,224 · 0.67%
2023$74,504 · 0.67%
2022$73,161 · 0.75%
Same employer
Similar plansAgriculture, Forestry & Fishing · Oregon
Pratum Co-Op Warehouse OR$17.4M · 0.31%
Marion AG Service, Inc OR$16.5M · 0.56%
Smith Seed Services, LLC OR$15.8M · 0.32%
J. Frank Schmidt & Son Co. OR$13.7M · 0.42%
Summitt Enterprises Inc OR$11.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260012363 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.