Plan Ledger DOL Form 5500 · updated monthly

McClain Farms, Inc.401(k)

MCCLAIN FOREST PRODUCTS, LLC EMPLOYEES SAVINGS TRUST · WEST PLAINS, MO · plan year 2023

Reported admin expense ratio · 2023
0.10%

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

McClain Farms, Inc. reported $1,786 in plan administrative expenses for 2023: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $458 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 has held roughly steady near 0.103%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Missouri (1,265th of 1,393), and 811th of 945 in agriculture, forestry & fishing. In 2023, employees put in $4.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,917,553
Participants with balances97
Active participants111
Employer contributions$50,822
Employee contributions$215,240
Employer contribution per active participant$458
Average account balance$19,769
Benefits paid to participants$118,041
Plan auditUnmodified (clean) audit opinion
AuditorWELCH, COUCH & COMPANY, PA
Plan history2
Yearassets · accounts · employer contribution
2023$1.9M · 97 accts · $51K emplr
2022$1.6M · 104 accts · $35K emplr
Administrative expenses, itemized · 2023
Investment management$1,786
Total administrative$1,786
The McClain Farms, Inc. 401(k) match · 2023
Employer contribution per active participant$458
Median for plans this size$1,308
2023$458 per active participant
2022$303 per active participant

McClain Farms, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$1,786 · 0.10%
2022$1,604 · 0.10%
Similar plansAgriculture, Forestry & Fishing · Missouri
Rosehill Gardens Inc MO$4.1M · 0.73%
Bauer Equity Partners MO$3.9M · 0.51%
Skymark Buyers Corp. MO$3.7M · 0.55%
Apet, Inc. IL$2.0M · 0.68%
True Leaf LLC UT$2.0M · 1.40%
Skymark Refuelers, LLC KS$1.9M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710514807 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.