Plan Ledger DOL Form 5500 · updated monthly

Earp Meat Company Inc401(k)

EARP MEAT COMPANY INC 401K PLAN · EDWARDSVILLE, KS · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Earp Meat Company Inc reported $55,800 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,366 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 0.34% to 0.48%. 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 Kansas (427th of 828), and 7,815th of 13,661 in manufacturing. In 2024, employees put in $3.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,703,188
Participants with balances282
Active participants239
Employer contributions$326,530
Employee contributions$984,014
Employer contribution per active participant$1,366
Average account balance$45,047
Benefits paid to participants$768,678
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.7M · 282 accts · $327K emplr
2023$10.8M · 286 accts · $312K emplr
2022$9.3M · 303 accts · $296K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,800
Total administrative$55,800
The Earp Meat Company Inc 401(k) match · 2024
Employer contribution per active participant$1,366
Median for plans this size$2,416
2024$1,366 per active participant
2023$1,313 per active participant
2022$1,198 per active participant

Earp Meat Company Inc's 2024 employer contribution ran below the $2,416 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 · 20243
ERISA SERVICES INC. · Contract administrator$11,729
ERP NATIONAL LLC DBA ERP · Contract administratorindirect 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$55,800 · 0.48%
2023$33,414 · 0.33%
2022$29,480 · 0.34%
All plans at this employer2
EARP MEAT COMPANY INC MONEY PURCHASE PENSION PLAN AND TRUSTMoney purchase plan
EARP MEAT COMPANY INC 401K PLAN401(k)
Same employer
Similar plansManufacturing · Kansas
Wolfe Electric, Inc. KS$13.3M · 0.30%
Cereal Ingredients Inc KS$13.2M · 0.14%
Cross Manufacturing, Inc. KS$12.8M · 0.36%
Lowen Corporation KS$12.3M · 0.50%
Knit-Rite, LLC KS$12.1M · 0.22%
Harper Industries, Inc. KS$11.8M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430901907 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.