Plan Ledger DOL Form 5500 · updated monthly

Foster Poultry Farms401(k)

EMPLOYEE P/S RET PLAN & TRUST OF FOSTER FARMS GROUP · LIVINGSTON, CA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Foster Poultry Farms reported $740,499 in plan administrative expenses for 2024: 0.17% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,065 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 3 years on file its reported administrative ratio has held roughly steady near 0.169%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 287th-largest of 9,483 plans among California employers on file, and the 8th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$456,047,171
Participants with balances11,074
Active participants10,877
Employer contributions$11,582,539
Employee contributions$17,930,685
Employer contribution per active participant$1,065
Average account balance$41,182
Benefits paid to participants$59,912,892
Plan auditUnmodified (clean) audit opinion
AuditorATHERTON & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$456.0M · 11,074 accts · $11.6M emplr
2023$418.2M · 11,049 accts · $10.4M emplr
2022$375.6M · 10,239 accts · $8.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$589,704
Audit (IQPA)$57,045
Total administrative$740,499
The Foster Poultry Farms 401(k) match · 2024
Employer contribution per active participant$1,065
Median for plans this size$4,294
2024$1,065 per active participant
2023$886 per active participant
2022$752 per active participant

Foster Poultry Farms's 2024 employer contribution ran below the $4,294 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 · 20243
COOK STREET CONSULTING, INC. · Consulting · Legal$93,750
ATHERTON AND ASSOCIA · Accounting / audit · Consulting$57,045

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$740,499 · 0.17%
2023$643,977 · 0.16%
2022$753,026 · 0.17%
Similar plansAgriculture, Forestry & Fishing · California
Siteone Landscape Supply GA$603.1M · 0.09%
Wayne Farms LLC GA$595.7M · 0.45%
The Wonderful Company CA$590.0M · 0.04%
Growmark, Inc. IL$474.9M · 0.19%
Lewis Tree Service, Inc. NY$353.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942382364 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.