Plan Ledger DOL Form 5500 · updated monthly

Caviness Beef Packers LTD401(k)

CAVINESS BEEF PACKERS LTD 401(K) PLAN · AMARILLO, TX · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Caviness Beef Packers LTD reported $3,738 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,304 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 0.01% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,891st-largest of 5,688 plans among Texas employers on file, and the 5,561st of 13,661 in manufacturing. In 2024, employees put in $1.37 for every $1.00 the employer contributed; active participation has grown from 677 to 921 since 2022.

Plan summary
Net assets, end of year$22,035,542
Participants with balances858
Active participants921
Employer contributions$1,200,697
Employee contributions$1,648,395
Employer contribution per active participant$1,304
Average account balance$25,682
Benefits paid to participants$1,361,810
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON & SHELDON, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$22.0M · 858 accts · $1.2M emplr
2023$18.2M · 756 accts · $1.2M emplr
2022$14.1M · 640 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,738
Total administrative$3,738
The Caviness Beef Packers LTD 401(k) match · 2024
Employer contribution per active participant$1,304
Median for plans this size$2,416
2024$1,304 per active participant
2023$1,406 per active participant
2022$1,527 per active participant

Caviness Beef Packers LTD'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.

Administrative cost history3
2024$3,738 · 0.02%
2023$2,450 · 0.02%
2022$1,425 · 0.01%
Same employer
Similar plansManufacturing · Texas
H.J. Baker and Bro., LLC TX$22.5M · 0.01%
Altivia Investments, LLC TX$22.5M · 0.34%
Gagemaker, LP TX$22.4M · 0.29%
Tenstorrent USA, Inc. TX$21.9M · 0.43%
Modern Method Gunite, Inc. TX$21.9M · 0.34%
Jsw Steel USA Inc TX$21.9M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752966835 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.