Plan Ledger DOL Form 5500 · updated monthly

Eddy Packing Co., Inc.401(k)

EDDY PACKING CO. 401(K) PLAN · YOAKUM, TX · plan year 2024

Reported admin expense ratio · 2024
1.76%

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

Eddy Packing Co., Inc. reported $95,775 in plan administrative expenses for 2024: 1.76% of average plan assets, higher than ~90% of peers. Employer contributions averaged $825 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 2.01% to 1.76%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (3,771st of 5,688), and 10,573rd of 13,661 in manufacturing. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has shrunk from 546 to 462 since 2022.

Plan summary
Net assets, end of year$6,216,395
Participants with balances798
Active participants462
Employer contributions$381,203
Employee contributions$740,097
Employer contribution per active participant$825
Average account balance$7,790
Benefits paid to participants$880,843
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 798 accts · $381K emplr
2023$4.7M · 843 accts · $519K emplr
2022$4.0M · 945 accts · $643K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$95,775
Total administrative$95,775
The Eddy Packing Co., Inc. 401(k) match · 2024
Employer contribution per active participant$825
Median for plans this size$1,313
2024$825 per active participant
2023$1,156 per active participant
2022$1,178 per active participant

Eddy Packing Co., Inc.'s 2024 employer contribution ran below the $1,313 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment managementindirect comp
MERRILL LYNCH - EPS · Investment advisory (participants)$18,637
MERRILL LYNCH - FAS · Investment advisory (participants)$7,987

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$95,775 · 1.76%
2023$86,095 · 1.98%
2022$81,925 · 2.01%
Same employer
Similar plansManufacturing · Texas
Oil City Iron Works, Inc TX$6.2M · 0.70%
G-Con Manufacturing, Inc. TX$6.2M · 0.70%
Sei Metaltek TX$6.2M · 0.43%
Gamma Aerospace LLC TX$6.1M · 0.26%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 741708865 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.