Plan Ledger DOL Form 5500 · updated monthly

Fieldale Farms Corporation401(k)

FIELDALE FARMS CORPORATION EMPLOYEES' RETIREMENT SAVINGS PLAN · BALDWIN, GA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Fieldale Farms Corporation reported $484,220 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,406 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 0.27% to 0.31%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 201st-largest of 2,160 plans among Georgia employers on file, and the 20th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has grown from 3,800 to 4,655 since 2022.

Plan summary
Net assets, end of year$164,239,329
Participants with balances6,154
Active participants4,655
Employer contributions$6,543,346
Employee contributions$11,924,524
Employer contribution per active participant$1,406
Average account balance$26,688
Benefits paid to participants$16,994,190
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$164.2M · 6,154 accts · $6.5M emplr
2023$146.8M · 5,813 accts · $5.7M emplr
2022$131.1M · 5,001 accts · $5.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$484,220
Total administrative$484,220
The Fieldale Farms Corporation 401(k) match · 2024
Employer contribution per active participant$1,406
Median for plans this size$3,635
2024$1,406 per active participant
2023$1,207 per active participant
2022$1,337 per active participant

Fieldale Farms Corporation's 2024 employer contribution ran below the $3,635 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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$484,220
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$484,220 · 0.31%
2023$376,434 · 0.27%
2022$333,590 · 0.27%
Same employer
Similar plansAgriculture, Forestry & Fishing · Georgia
Siteone Landscape Supply GA$603.1M · 0.09%
Wayne Farms LLC GA$595.7M · 0.45%
Mar-Jac Poultry, Inc. GA$89.2M · 0.05%
Sar Trilogy, LLC GA$31.6M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581119934 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.