Plan Ledger DOL Form 5500 · updated monthly

Dairy Farmers of America, Inc.401(k)

DAIRY FARMERS OF AMERICA, INC. SUPER SAVINGS PLAN · KANSAS CITY, KS · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Dairy Farmers of America, Inc. reported $429,107 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $3,472 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 3 years on file its reported administrative ratio has held roughly steady near 0.052%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 9th-largest of 828 plans among Kansas employers on file, and the 370th of 13,661 in manufacturing. In 2024, employees put in $1.24 for every $1.00 the employer contributed; active participation has grown from 7,110 to 8,063 since 2022.

Plan summary
Net assets, end of year$874,805,830
Participants with balances7,575
Active participants8,063
Employer contributions$27,994,729
Employee contributions$34,841,252
Employer contribution per active participant$3,472
Average account balance$115,486
Benefits paid to participants$105,003,337
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$874.8M · 7,575 accts · $28.0M emplr
2023$786.4M · 7,535 accts · $29.2M emplr
2022$684.1M · 7,480 accts · $27.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$413,507
Audit (IQPA)$15,600
Total administrative$429,107
The Dairy Farmers of America, Inc. 401(k) match · 2024
Employer contribution per active participant$3,472
Median for plans this size$4,294
2024$3,472 per active participant
2023$4,306 per active participant
2022$3,809 per active participant

Dairy Farmers of America, Inc.'s 2024 employer contribution ran below the $4,294 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
PICKETT, CHANEY & MCMULLEN LLP · Accounting / audit$15,600

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$429,107 · 0.05%
2023$411,025 · 0.06%
2022$408,774 · 0.05%
Same employer
Similar plansManufacturing · Kansas
Koch Companies, LLC KS$4.3B · 0.02%
Koch Industries, Inc. KS$3.4B · 0.05%
Avi Systems, Inc. KS$350.2M · 0.10%
Eversana KS$348.1M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430905874 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.