Plan Ledger DOL Form 5500 · updated monthly

Jbs USA Food Company Holdings401(k)

JBS 401(K) SAVINGS PLAN · GREELEY, CO · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Jbs USA Food Company Holdings reported $1,075,146 in plan administrative expenses for 2024: 0.17% of average plan assets, higher than ~75% of peers. Employer contributions averaged $352 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 0.13% to 0.17%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 24th-largest of 1,461 plans among Colorado employers on file, and the 447th of 13,661 in manufacturing. In 2024, employees put in $3.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$679,809,439
Participants with balances21,876
Active participants39,079
Employer contributions$13,747,441
Employee contributions$46,987,836
Employer contribution per active participant$352
Average account balance$31,076
Benefits paid to participants$81,143,426
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$679.8M · 21,876 accts · $13.7M emplr
2023$601.2M · 26,149 accts · $14.4M emplr
2022$525.5M · 25,709 accts · $14.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$704,098
Investment management$287,593
Audit (IQPA)$15,750
Total administrative$1,075,146
The Jbs USA Food Company Holdings 401(k) match · 2024
Employer contribution per active participant$352
Median for plans this size$4,294
2024$352 per active participant
2023$385 per active participant
2022$412 per active participant

Jbs USA Food Company Holdings's 2024 employer contribution ran below the $4,294 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 · 20246
EMPOWER ADVISORY GROUP, LLC · Investment management$267,592
FEDEX KINKOS$36,625
MCGLADREY LLP$31,080
GALLAGHER BENEFIT SERVICES INC DBA · Investment advisory (plan)$20,000
CROWE HORWATH LLP · Accounting / audit$15,750

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$1,075,146 · 0.17%
2023$670,997 · 0.12%
2022$761,681 · 0.13%
Same employer
Similar plansManufacturing · Colorado
Maxar Technologies Inc. CO$1.0B · 0.03%
Gates Corporation CO$696.3M · 0.09%
Leprino Foods Company CO$673.5M · 0.06%
Ttm Technologies, Inc. CO$624.6M · 0.04%
Pilgrim's Pride Corporation CO$478.2M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581034573 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.