Plan Ledger DOL Form 5500 · updated monthly

Farm King Supply, IncProfit-sharing plan

THE RESTATED FARM KING SUPPLY, INC PROFIT SHARING PLAN AND TRUST · MACOMB, IL · plan year 2024

Reported admin expense ratio · 2024
0.71%

Farm King Supply, Inc reported $57,477 in plan administrative expenses for 2024: 0.71% of average plan assets, above the peer median. 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 0.66% to 0.71%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Illinois (2,527th of 3,702), and 2,919th of 5,215 in retail trade.

Plan summary
Net assets, end of year$8,581,249
Participants with balances166
Active participants138
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$51,694
Benefits paid to participants$814,990
Plan auditUnmodified (clean) audit opinion
AuditorKERBER, ECK & BRAECKEL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 166 accts
2023$7.7M · 165 accts
2022$7.4M · 160 accts · $158K emplr
Administrative expenses, itemized · 2024
Investment management$57,477
Total administrative$57,477
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
NORTHEAST INVESTMENT MANAGEMENT,INC · Investment advisory (plan)$57,477

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$57,477 · 0.71%
2023$53,362 · 0.71%
2022$53,488 · 0.66%
Similar plansRetail Trade · Illinois
Atl Tire Services, LLC IL$9.1M · 0.36%
O'Brien Auto Team, Inc. IL$9.0M · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370798213 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.