Plan Ledger DOL Form 5500 · updated monthly

Foote Cattle Company, LLC401(k)

FOOTE FAMILY OF COMPANIES EMPLOYEE SAVINGS PLAN · IMPERIAL, NE · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Foote Cattle Company, LLC reported $66,492 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,359 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 0.20% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Nebraska (307th of 565), and the 330th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.21 for every $1.00 the employer contributed; active participation has grown from 359 to 448 since 2022.

Plan summary
Net assets, end of year$14,796,592
Participants with balances406
Active participants448
Employer contributions$1,056,775
Employee contributions$1,277,425
Employer contribution per active participant$2,359
Average account balance$36,445
Benefits paid to participants$1,171,961
Plan auditUnmodified (clean) audit opinion
AuditorADAMSBROWN, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$14.8M · 406 accts · $1.1M emplr
2023$12.2M · 354 accts · $871K emplr
2022$9.8M · 323 accts · $776K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,492
Total administrative$66,492
The Foote Cattle Company, LLC 401(k) match · 2024
Employer contribution per active participant$2,359
Median for plans this size$2,416
2024$2,359 per active participant
2023$2,155 per active participant
2022$2,160 per active participant

Foote Cattle Company, LLC's 2024 employer contribution ran below the $2,416 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
ADAMS BROWN · Recordkeeping$22,100
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Participant communication$1,560
M HOLDINGS SECURITIES INC · Consulting$6,022

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

Recordkeeper by year2
2024ADAMS BROWN, OneAmerica
2023ADAMS BROWN, OneAmerica

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Administrative cost history3
2024$66,492 · 0.49%
2023$66,259 · 0.60%
2022$20,027 · 0.20%
Same employer
Similar plansAgriculture, Forestry & Fishing · Nebraska
Farmers Cooperative NE$27.0M · 0.24%
Nebraska Beef, LTD. NE$20.4M · 0.16%
Frontier Cooperative NE$19.8M · 0.15%
Css Farms, LLC NE$17.7M · 0.37%
Adams Land & Cattle, LLC NE$14.8M · 0.58%
Norder Supply, Inc. NE$14.6M · 0.47%
Niewohner Brothers Inc. NE$12.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 743106306 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.