Plan Ledger DOL Form 5500 · updated monthly

J.R. Simplot Company401(k)

SIMPLOT RETIREMENT SAVINGS PLAN · BOISE, ID · plan year 2025

Reported admin expense ratio · 2025
0.07%

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

J.R. Simplot Company reported $1,106,726 in plan administrative expenses for 2025: 0.07% of average plan assets, above the peer median. Employer contributions averaged $7,560 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 3 years on file its reported administrative ratio rose from 0.03% to 0.07%. The plan sits in the over $1B size bracket, benchmarked here against 141 comparable plans and shown alongside other manufacturing employers. By assets it is the 4th-largest of 349 plans among Idaho employers on file, and the 187th of 13,661 in manufacturing. In 2025, employees put in $1.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,798,301,522
Participants with balances12,403
Active participants8,963
Employer contributions$67,762,376
Employee contributions$70,913,627
Employer contribution per active participant$7,560
Average account balance$144,989
Benefits paid to participants$162,437,723
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$1.8B · 12,403 accts · $67.8M emplr
2024$1.6B · 12,362 accts · $45.7M emplr
2023$1.4B · 11,958 accts · $46.9M emplr
2022$1.1B · 12,304 accts · $56.7M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$480,784
Investment management$416,716
Audit (IQPA)$23,000
Total administrative$1,106,726
The J.R. Simplot Company 401(k) match · 2025
Employer contribution per active participant$7,560
Median for plans this size$5,084
2025$7,560 per active participant
2024$5,071 per active participant
2023$5,194 per active participant
2022$6,485 per active participant

J.R. Simplot Company's 2025 employer contribution ran above the $5,084 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20258
T ROWE PRICE RPS INC · Recordkeeping · Trustee$480,784
EDELMAN FINANCIAL ENGINES · Investment advisory (participants)$416,716
VERUS · Investment advisory (plan)$79,798
OGLETREE,DEAKINS,NASHSMOAK & STEWAR · Legal$23,522
CBIZ CPAS P.C. · Accounting / audit$22,500
SOCIAL FINANCE LLC · Consulting$10,998
QDRO CONSULTANTS · Consulting$5,000
CHARLES SCHWAB & CO., INC. · Securities brokerage$943

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year3
2025T. Rowe Price
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history4
2025$1,106,726 · 0.07%
2024$1,045,831 · 0.07%
2023$982,570 · 0.08%
2022$333,381 · 0.03%
Same employer
Similar plansManufacturing · Idaho
Micron Technology, Inc. ID$4.4B · 0.04%
Kelsey-Hayes Company MI$1.8B · 0.07%
Brunswick Corporation IL$1.8B · 0.06%
Asml US, LLC AZ$1.8B · 0.07%
Solvay USA LLC NJ$1.8B · 0.03%
Navistar Inc. IL$1.8B · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820196611 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.