Plan Ledger DOL Form 5500 · updated monthly

King Ranch, Incorporated401(k)

KING RANCH, INC. 401(K) EMPLOYEE RETIREMENT SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

King Ranch, Incorporated reported $87,964 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $2,482 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 0.01% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 905th-largest of 5,688 plans among Texas employers on file, and the 79th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.19 for every $1.00 the employer contributed; active participation has grown from 735 to 961 since 2022.

Plan summary
Net assets, end of year$63,530,601
Participants with balances859
Active participants961
Employer contributions$2,385,091
Employee contributions$2,846,053
Employer contribution per active participant$2,482
Average account balance$73,959
Benefits paid to participants$9,753,612
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$63.5M · 859 accts · $2.4M emplr
2023$56.4M · 814 accts · $1.8M emplr
2022$48.3M · 694 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,407
Investment management$7,557
Total administrative$87,964
The King Ranch, Incorporated 401(k) match · 2024
Employer contribution per active participant$2,482
Median for plans this size$3,635
2024$2,482 per active participant
2023$2,002 per active participant
2022$1,960 per active participant

King Ranch, Incorporated's 2024 employer contribution ran below the $3,635 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 · 20241
JOHN HANCOCK RETIREMENT PLAN SRVCS · Recordkeeping · Loan processing$87,964

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$87,964 · 0.15%
2023$38,127 · 0.07%
2022$4,410 · 0.01%
Same employer
Similar plansAgriculture, Forestry & Fishing · Texas
Beusa Energy, LLC TX$69.0M · 0.44%
Gs Operating, LLC TX$36.4M · 0.04%
Select Milk Producers, Inc. TX$36.3M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 740726547 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.