Plan Ledger DOL Form 5500 · updated monthly

Coop Shared Services, LLC401(k)

CO-OP 401(K) PLAN · JEROME, ID · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Coop Shared Services, LLC reported $127,337 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $1,640 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 0.16% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 25th-largest of 349 plans among Idaho employers on file, and the 42nd of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.40 for every $1.00 the employer contributed; active participation has grown from 1,752 to 2,138 since 2022.

Plan summary
Net assets, end of year$99,214,739
Participants with balances1,474
Active participants2,138
Employer contributions$3,505,387
Employee contributions$4,901,840
Employer contribution per active participant$1,640
Average account balance$67,310
Benefits paid to participants$9,823,049
Plan auditUnmodified (clean) audit opinion
AuditorALDRICH CPAS + ADVISORS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$99.2M · 1,474 accts · $3.5M emplr
2023$89.1M · 1,486 accts · $3.5M emplr
2022$69.8M · 1,249 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$111,310
Total administrative$127,337
The Coop Shared Services, LLC 401(k) match · 2024
Employer contribution per active participant$1,640
Median for plans this size$3,635
2024$1,640 per active participant
2023$1,734 per active participant
2022$1,716 per active participant

Coop Shared Services, LLC's 2024 employer contribution ran below the $3,635 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 · 20244
MILLIMAN INC. · Recordkeeping · Loan processing$56,497
ALDRICH CPAS & ADVISORS LLP · Accounting / audit$21,000
AGRI-INVEST, LLC · Investment management$10,281

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Milliman
2023Milliman

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Administrative cost history3
2024$127,337 · 0.14%
2023$119,685 · 0.15%
2022$117,236 · 0.16%
Same employer
Similar plansAgriculture, Forestry & Fishing · Idaho
Indiana Packers Corporation IN$104.9M · 0.04%
Koch Foods, Inc. IL$101.5M · 0.25%
Rose Acre Farms, Inc. IN$100.4M · 0.16%
Agri Beef Company ID$99.0M · 0.43%
Prestage Farms, Inc. NC$96.8M · 0.34%
Ave-Plp, LLC IA$93.6M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814228205 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.