Plan Ledger DOL Form 5500 · updated monthly

Case Foods, Inc.401(k)

CASE FOODS, INC. 401(K) PLAN · TROUTMAN, NC · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Case Foods, Inc. reported $98,443 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $540 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 0.28% to 0.23%. 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 396th-largest of 2,005 plans among North Carolina employers on file, and the 100th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.83 for every $1.00 the employer contributed; active participation has grown from 2,139 to 3,298 since 2022.

Plan summary
Net assets, end of year$46,651,590
Participants with balances822
Active participants3,298
Employer contributions$1,780,490
Employee contributions$3,258,767
Employer contribution per active participant$540
Average account balance$56,754
Benefits paid to participants$2,962,305
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$46.7M · 822 accts · $1.8M emplr
2023$39.2M · 811 accts · $1.6M emplr
2022$34.2M · 791 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$98,282
Total administrative$98,443
The Case Foods, Inc. 401(k) match · 2024
Employer contribution per active participant$540
Median for plans this size$2,416
2024$540 per active participant
2023$594 per active participant
2022$763 per active participant

Case Foods, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$98,282
WILSHIRE ADVISORS LLC · 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$98,443 · 0.23%
2023$94,260 · 0.26%
2022$103,073 · 0.28%
Same employer
Similar plansAgriculture, Forestry & Fishing · North Carolina
Prestage Farms, Inc. NC$96.8M · 0.34%
Metrolina Greenhouses, Inc. NC$83.0M · 0.19%
Z.V. Pate, Inc. NC$31.2M · 0.38%
Agdata, L.P. NC$23.0M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521702529 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.