Plan Ledger DOL Form 5500 · updated monthly

Holly Poultry, Inc.401(k)

HOLLY POULTRY, INC. 401(K) PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Holly Poultry, Inc. reported $5,152 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,928 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 0.14% to 0.08%. 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 Maryland (1,149th of 1,671), and 10,173rd of 13,661 in manufacturing. In 2024, employees put in $3.69 for every $1.00 the employer contributed; active participation has grown from 90 to 99 since 2022.

Plan summary
Net assets, end of year$7,000,364
Participants with balances184
Active participants99
Employer contributions$190,860
Employee contributions$704,994
Employer contribution per active participant$1,928
Average account balance$38,045
Benefits paid to participants$358,467
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 184 accts · $191K emplr
2023$5.7M · 180 accts · $176K emplr
2022$4.8M · 152 accts · $188K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,152
Total administrative$5,152
The Holly Poultry, Inc. 401(k) match · 2024
Employer contribution per active participant$1,928
Median for plans this size$1,313
2024$1,928 per active participant
2023$1,818 per active participant
2022$2,094 per active participant

Holly Poultry, Inc.'s 2024 employer contribution ran above 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.

Administrative cost history3
2024$5,152 · 0.08%
2023$3,550 · 0.07%
2022$6,725 · 0.14%
Same employer
Similar plansManufacturing · Maryland
Corporate Press, Inc. MD$7.8M · 0.00%
Corporate Press, Inc. MD$6.2M · 0.01%
Smith Industries, Inc. MD$6.2M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521768151 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.