Plan Ledger DOL Form 5500 · updated monthly

Brothers Produce Inc.401(k)

BROTHERS PRODUCE 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Brothers Produce Inc. reported $7,055 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $1,253 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 0.19% to 0.26%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Texas (4,593rd of 5,688), and 3,937th of 4,246 in wholesale trade. In 2024, employees put in $2.17 for every $1.00 the employer contributed; active participation has shrunk from 244 to 178 since 2022.

Plan summary
Net assets, end of year$2,966,636
Participants with balances475
Active participants178
Employer contributions$223,044
Employee contributions$483,252
Employer contribution per active participant$1,253
Average account balance$6,246
Benefits paid to participants$546,747
Plan auditUnmodified (clean) audit opinion
AuditorCRF RILEY PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.0M · 475 accts · $223K emplr
2023$2.6M · 437 accts · $191K emplr
2022$1.9M · 351 accts · $149K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,055
Total administrative$7,055
The Brothers Produce Inc. 401(k) match · 2024
Employer contribution per active participant$1,253
Median for plans this size$1,313
2024$1,253 per active participant
2023$668 per active participant
2022$611 per active participant

Brothers Produce Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241

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$7,055 · 0.26%
2023$3,950 · 0.18%
2022$3,490 · 0.19%
Same employer
Similar plansWholesale Trade · Texas
Bluebonnet Foods, L.P. TX$3.3M · 1.51%
Martin Preferred Foods LP TX$3.2M · 1.06%
W. Silver Recycling, Inc. TX$3.1M · 0.88%
The Kiss Group LLC TX$2.9M · 1.76%
Atti Corp. TX$2.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760185843 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.