Plan Ledger DOL Form 5500 · updated monthly

Herbruck Poultry Ranch, Inc.401(k)

HERBRUCK POULTRY RANCH, INC. 401(K) PLAN · SARANAC, MI · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Herbruck Poultry Ranch, Inc. reported $107,424 in plan administrative expenses for 2024: 0.74% of average plan assets, higher than ~90% of peers. Employer contributions averaged $734 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 0.81% to 0.74%. 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 the 1,209th-largest of 2,619 plans among Michigan employers on file, and the 311th of 945 in agriculture, forestry & fishing. In 2024, employees put in $5.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,861,925
Participants with balances679
Active participants583
Employer contributions$427,683
Employee contributions$2,235,884
Employer contribution per active participant$734
Average account balance$23,361
Benefits paid to participants$2,027,163
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.9M · 679 accts · $428K emplr
2023$13.3M · 852 accts · $403K emplr
2022$10.3M · 636 accts · $400K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,202
Investment management$38,222
Total administrative$107,424
The Herbruck Poultry Ranch, Inc. 401(k) match · 2024
Employer contribution per active participant$734
Median for plans this size$2,416
2024$734 per active participant
2023$608 per active participant
2022$721 per active participant

Herbruck Poultry Ranch, 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 · 20242
STIFEL NICOLAUS & CO INC · Investment advisory (plan)$38,222

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$107,424 · 0.74%
2023$73,736 · 0.62%
2022$88,756 · 0.81%
Same employer
Similar plansAgriculture, Forestry & Fishing · Michigan
Michigan Farm Bureau MI$260.3M · 0.06%
Walters Gardens, Inc. MI$20.6M · 0.36%
Sietsema Farms Inc. MI$14.2M · 0.34%
Walther Farms LLC MI$13.7M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382573806 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.