Plan Ledger DOL Form 5500 · updated monthly

Interamerican Foods Corporation401(k)

INTERAMERICAN FOODS CORPORATION 401(K) PLAN · CLEBURNE, TX · plan year 2024

Reported admin expense ratio · 2024
1.66%

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

Interamerican Foods Corporation reported $29,781 in plan administrative expenses for 2024: 1.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $805 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 1.13% to 1.66%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Texas (4,919th of 5,688), and 4,032nd of 4,246 in wholesale trade. In 2024, employees put in $1.83 for every $1.00 the employer contributed; active participation has grown from 117 to 180 since 2022.

Plan summary
Net assets, end of year$2,006,834
Participants with balances152
Active participants180
Employer contributions$144,878
Employee contributions$265,806
Employer contribution per active participant$805
Average account balance$13,203
Benefits paid to participants$139,554
Plan auditUnmodified (clean) audit opinion
AuditorHAM LANGSTON AND BREZINA LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.0M · 152 accts · $145K emplr
2023$1.6M · 124 accts · $98K emplr
2022$1.1M · 109 accts · $88K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,683
Investment management$8,098
Total administrative$29,781
The Interamerican Foods Corporation 401(k) match · 2024
Employer contribution per active participant$805
Median for plans this size$1,313
2024$805 per active participant
2023$774 per active participant
2022$754 per active participant

Interamerican Foods Corporation'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$21,683
LPL FINANCIAL LLC · Investment advisory (plan)$8,096

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$29,781 · 1.66%
2023$21,809 · 1.60%
2022$12,838 · 1.13%
Similar plansWholesale Trade · Texas
Southwest Ford, Inc. TX$2.4M · 0.97%
Loloi Inc. TX$2.1M · 0.06%
King Supply Company LLC TX$2.0M · 1.04%
Rowan Cornil, Inc. TX$1.7M · 0.15%
4REFUEL US, LLC TX$1.7M · 2.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760206734 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.