Plan Ledger DOL Form 5500 · updated monthly

Frick's Meat Products, Inc. dba Fri K's Quality Meats, Inc.401(k)

FRICK'S MEAT PRODUCTS, INC. 401(K) PLAN · WASHINGTON, MO · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Frick's Meat Products, Inc. dba Fri K's Quality Meats, Inc. reported $59,541 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $551 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 0.41% to 0.44%. 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 among the smaller plans on file in Missouri (731st of 1,393), and the 2,040th of 5,215 in retail trade. In 2024, employees put in $2.70 for every $1.00 the employer contributed; active participation has grown from 369 to 490 since 2022.

Plan summary
Net assets, end of year$13,815,010
Participants with balances463
Active participants490
Employer contributions$269,912
Employee contributions$727,526
Employer contribution per active participant$551
Average account balance$29,838
Benefits paid to participants$1,906,062
Plan auditUnmodified (clean) audit opinion
AuditorLOPATA, FLEGEL & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.8M · 463 accts · $270K emplr
2023$13.2M · 387 accts · $280K emplr
2022$12.0M · 367 accts · $295K emplr
The Frick's Meat Products, Inc. dba Fri K's Quality Meats, Inc. 401(k) match · 2024
Employer contribution per active participant$551
Median for plans this size$2,416
2024$551 per active participant
2023$1,203 per active participant
2022$799 per active participant

Frick's Meat Products, Inc. dba Fri K's Quality Meats, Inc.'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 · 20248
PROACCOUNT · Investment management$34,527
IRON FIDUCIARY · Investment management$10,762
NATIONWIDE · Investment management$8,554
NATIONWIDE LIFE INSURANCE COMPANY · Investment management$2,691
NATIONWIDE · Investment management$1,650
LPL FINANCIAL LLC · Investment managementindirect comp
NATIONWIDE RETIREMENT PLANS · Investment managementindirect comp
LPL FINANCIAL LLC · Investment managementindirect comp

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$59,541 · 0.44%
2023$49,718 · 0.39%
2022$44,279 · 0.41%
Same employer
Similar plansRetail Trade · Missouri
Black & McDonald, Inc. MO$15.5M · 0.58%
Carol House Furniture, Inc. MO$14.8M · 0.40%
Southland Imports, Inc. MO$13.6M · 0.50%
Rw Supply and Design, LLC MO$13.1M · 0.45%
Russell Cellular, Inc. MO$12.2M · 1.88%
Chris Auffenberg Ford, Inc. MO$12.0M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430728644 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.