Plan Ledger DOL Form 5500 · updated monthly

Farmer Holding Company, Inc.401(k)

MISSOURI AGGREGATES 401(K) PLAN · JEFFERSON CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Farmer Holding Company, Inc. reported $541,113 in plan administrative expenses for 2024: 0.75% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,281 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 0.84% to 0.75%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 221st-largest of 1,393 plans among Missouri employers on file, and the 129th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.44 for every $1.00 the employer contributed; active participation has grown from 1,766 to 2,356 since 2022.

Plan summary
Net assets, end of year$83,144,716
Participants with balances2,675
Active participants2,356
Employer contributions$5,373,430
Employee contributions$7,764,109
Employer contribution per active participant$2,281
Average account balance$31,082
Benefits paid to participants$7,311,205
Plan auditUnmodified (clean) audit opinion
AuditorWILLIAMS KEEPERS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$83.1M · 2,675 accts · $5.4M emplr
2023$60.5M · 2,306 accts · $4.1M emplr
2022$47.9M · 1,878 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$214,887
Investment management$312,735
Trustee / custodial$13,491
Total administrative$541,113
The Farmer Holding Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,281
Median for plans this size$3,635
2024$2,281 per active participant
2023$1,933 per active participant
2022$1,931 per active participant

Farmer Holding Company, Inc.'s 2024 employer contribution ran below the $3,635 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
TPP RETIREMENT PLAN SPECIALISTS LLC · Plan administrator · Recordkeeping$214,887
CREATIVE PLANNING · Investment advisory (participants) · Investment advisory (plan)$312,735
MATRIX TRUST COMPANY · Custodial (securities)$13,491

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

Recordkeeper by year2
2024TPP RETIREMENT PLAN SPECIALISTS LLC
2023TPP RETIREMENT PLAN SPECIALISTS LLC

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

Administrative cost history3
2024$541,113 · 0.75%
2023$444,757 · 0.82%
2022$423,138 · 0.84%
Same employer
Similar plansMining, Oil & Gas Extraction · Missouri
Peabody Investments Corp. MO$864.2M · 0.08%
Arch Resources, Inc. MO$650.4M · 0.17%
W & T Offshore, Inc. TX$88.4M · 0.09%
Newpark Resources, Inc. TX$82.6M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431911557 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.