Plan Ledger DOL Form 5500 · updated monthly

Fremont Beef Company401(k)

FREMONT BEEF COMPANY RETIREMENT SAVINGS PLAN · FREMONT, NE · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Fremont Beef Company reported $25,817 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $837 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 0.51% to 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Nebraska (433rd of 565), and 10,408th of 13,661 in manufacturing. In 2024, employees put in $2.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,534,618
Participants with balances95
Active participants271
Employer contributions$226,746
Employee contributions$545,262
Employer contribution per active participant$837
Average account balance$68,785
Benefits paid to participants$1,643,862
Plan auditUnmodified (clean) audit opinion
AuditorFRANKEL LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 95 accts · $227K emplr
2023$4.9M · 97 accts · $222K emplr
2022$4.2M · 69 accts · $126K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,817
Total administrative$25,817
The Fremont Beef Company 401(k) match · 2024
Employer contribution per active participant$837
Median for plans this size$1,313
2024$837 per active participant
2023$857 per active participant
2022$446 per active participant

Fremont Beef Company's 2024 employer contribution ran below the $1,313 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 · 20244
PRINCIPAL SECURITIES INC · Investment advisory (plan)$12,218
BENEFIT PLANS, INC. · Contract administrator$3,285
EMPOWER ADVISORY GROUP, LLC · Investment management$765

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$25,817 · 0.45%
2023$24,173 · 0.53%
2022$23,278 · 0.51%
Same employer
Similar plansManufacturing · Nebraska
Bhj USA, LLC NE$7.4M · 0.20%
The James Skinner Co. NE$6.8M · 0.20%
T.M.C., Inc. NE$6.6M · 0.60%
Nebraska Plastics, Inc. NE$6.1M · 0.57%
Oxbow Enterprises, LLC NE$4.8M · 0.08%
Kinney Manufacturing, LLC NE$3.9M · 0.70%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 363643153 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.