Plan Ledger DOL Form 5500 · updated monthly

Gulf Pacific Rice Co., LLC.401(k)

GULF PACIFIC EMPLOYEES 401(K) PLAN · HOUSTON, TX · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Gulf Pacific Rice Co., LLC. reported $6,133 in plan administrative expenses for 2023: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $271 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 0.08% to 0.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (3,414th of 5,688), and 9,736th of 13,661 in manufacturing. In 2023, employees put in $7.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,862,505
Participants with balances161
Active participants250
Employer contributions$67,761
Employee contributions$481,893
Employer contribution per active participant$271
Average account balance$48,835
Benefits paid to participants$890,616
Plan auditUnmodified (clean) audit opinion
AuditorBENTLEY, BRATCHER & ASSOCIATES P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$6.6M · 151 accts · $190K emplr
2023$7.9M · 161 accts · $68K emplr
2022$6.9M · 157 accts · $62K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,906
Investment management$532
Trustee / custodial$1,665
Total administrative$6,133
The Gulf Pacific Rice Co., LLC. 401(k) match · 2023
Employer contribution per active participant$271
Median for plans this size$1,308
2024$972 per active participant
2023$271 per active participant
2022$259 per active participant

Gulf Pacific Rice Co., LLC.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
BOKF, NA · Custodial (securities) · Trustee$6,120

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$17,289 · 0.24%
2023$6,133 · 0.08%
2022$5,550 · 0.08%
Same employer
Similar plansManufacturing · Texas
Millar Inc. TX$8.0M · 0.03%
Hoover Group, Inc. TX$7.9M · 0.36%
C.C. Creations, LTD. TX$7.7M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760259520 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.