Plan Ledger DOL Form 5500 · updated monthly

Mar-Jac Poultry, Inc.401(k)

MAR-JAC POULTRY, INC. 401(K) AND PROFIT SHARING PLAN · GAINESVILLE, GA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Mar-Jac Poultry, Inc. reported $42,186 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,643 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 0.18% to 0.05%. 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 310th-largest of 2,160 plans among Georgia employers on file, and the 49th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$89,195,626
Participants with balances1,344
Active participants2,251
Employer contributions$3,697,896
Employee contributions$4,014,730
Employer contribution per active participant$1,643
Average account balance$66,366
Benefits paid to participants$7,760,881
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$89.2M · 1,344 accts · $3.7M emplr
2023$80.6M · 1,206 accts · $3.2M emplr
2022$68.8M · 1,128 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Investment management$42,186
Total administrative$42,186
The Mar-Jac Poultry, Inc. 401(k) match · 2024
Employer contribution per active participant$1,643
Median for plans this size$3,635
2024$1,643 per active participant
2023$1,423 per active participant
2022$1,369 per active participant

Mar-Jac Poultry, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
MARIETTA WEALTH MANAGEMENT LLC · Investment advisory (plan)$38,953
EMPOWER ADVISORY GROUP, LLC · Investment management$3,233

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$42,186 · 0.05%
2023$35,467 · 0.05%
2022$125,273 · 0.18%
Same employer
Similar plansAgriculture, Forestry & Fishing · Georgia
Siteone Landscape Supply GA$603.1M · 0.09%
Wayne Farms LLC GA$595.7M · 0.45%
Fieldale Farms Corporation GA$164.2M · 0.31%
Sar Trilogy, LLC GA$31.6M · 0.22%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 580828569 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.