Plan Ledger DOL Form 5500 · updated monthly

Marubeni America Corporation401(k)

CREEKSTONE FARMS PREMIUM BEEF, LLC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Marubeni America Corporation reported $11,046 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $588 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 0.47% to 0.08%. 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 among the smaller plans on file in New York (2,926th of 5,648), and 6,990th of 13,661 in manufacturing. In 2024, employees put in $1.96 for every $1.00 the employer contributed; active participation has grown from 974 to 1,233 since 2022.

Plan summary
Net assets, end of year$15,360,595
Participants with balances367
Active participants1,233
Employer contributions$724,605
Employee contributions$1,417,153
Employer contribution per active participant$588
Average account balance$41,854
Benefits paid to participants$1,628,175
Plan auditUnmodified (clean) audit opinion
AuditorKCOE ISOM
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 367 accts · $725K emplr
2023$11.5M · 371 accts · $785K emplr
2022$10.3M · 405 accts · $870K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,046
Total administrative$11,046
The Marubeni America Corporation 401(k) match · 2024
Employer contribution per active participant$588
Median for plans this size$2,416
2024$588 per active participant
2023$703 per active participant
2022$893 per active participant

Marubeni America Corporation'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 · 20241
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$11,046

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

Recordkeeper by year2
2024Empower
2023ADP

This plan has changed recordkeepers within these filings. If you left Marubeni America Corporation before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$11,046 · 0.08%
2023$21,029 · 0.19%
2022$49,608 · 0.47%
Same employer
Similar plansManufacturing · New York
Epic Pharma LLC Union NY$16.1M · 0.01%
Zumtobel Lighting, Inc. NY$15.8M · 0.34%
Bio-Botanica Inc NY$15.3M · 0.01%
Charles Ross & Son Company NY$15.2M · 0.50%
River Valley Foods, Inc. NY$15.2M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810589009 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.