Plan Ledger DOL Form 5500 · updated monthly

Feeders Supply Company, LLC401(k)

FEEDERS SUPPLY COMPANY, LLC PROFIT SHARING PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Feeders Supply Company, LLC reported $96,020 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $169 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 0.52% to 0.65%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 351st-largest of 871 plans among Kentucky employers on file, and the 1,832nd of 5,215 in retail trade. In 2024, employees put in $10.55 for every $1.00 the employer contributed; active participation has grown from 310 to 528 since 2022.

Plan summary
Net assets, end of year$15,766,685
Participants with balances619
Active participants528
Employer contributions$89,273
Employee contributions$941,433
Employer contribution per active participant$169
Average account balance$25,471
Benefits paid to participants$547,869
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.8M · 619 accts · $89K emplr
2023$13.7M · 220 accts · $575K emplr
2022$11.2M · 227 accts · $522K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,052
Investment management$37,948
Audit (IQPA)$13,020
Total administrative$96,020
The Feeders Supply Company, LLC 401(k) match · 2024
Employer contribution per active participant$169
Median for plans this size$2,416
2024$169 per active participant
2023$1,525 per active participant
2022$1,683 per active participant

Feeders Supply Company, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · 20245
ROBERT W. BAIRD & CO · Investment advisory (plan)$31,271
RETIREMENT MANAGEMENT SERVICES LLC · Contract administrator$14,013
FORVIS MAZARS, LLP · Accounting / audit$13,020
EMPOWER ADVISORY GROUP, LLC · Investment management$6,677

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$96,020 · 0.65%
2023$63,589 · 0.51%
2022$62,027 · 0.52%
Same employer
Similar plansRetail Trade · Kentucky
Franklin Management, Inc. KY$18.6M · 0.68%
Moore Automotive, Inc. KY$18.0M · 0.43%
Bob Sumerel Tire Company KY$14.7M · 0.05%
Don Jacobs Imports, Inc. KY$14.6M · 0.71%
Clay Ingels Co., LLC KY$14.3M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812192712 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.