Plan Ledger DOL Form 5500 · updated monthly

Mid-America Pet Food, LLC401(k)

MID-AMERICA PET FOOD 401(K) PLAN · MT PLEASANT, TX · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Mid-America Pet Food, LLC reported $6,540 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,038 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 0.14% to 0.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Texas (3,844th of 5,688), and 3,529th of 5,215 in retail trade. In 2024, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,863,394
Participants with balances171
Active participants183
Employer contributions$372,966
Employee contributions$664,125
Employer contribution per active participant$2,038
Average account balance$34,289
Benefits paid to participants$806,883
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 171 accts · $373K emplr
2023$5.0M · 191 accts · $324K emplr
2022$4.1M · 170 accts · $326K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,671
Investment management$1,869
Total administrative$6,540
The Mid-America Pet Food, LLC 401(k) match · 2024
Employer contribution per active participant$2,038
Median for plans this size$1,313
2024$2,038 per active participant
2023$1,420 per active participant
2022$1,755 per active participant

Mid-America Pet Food, LLC's 2024 employer contribution ran above the $1,313 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$1,869

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$6,540 · 0.12%
2023$4,730 · 0.10%
2022$5,907 · 0.14%
Similar plansRetail Trade · Texas
The Chair King, Inc. TX$6.3M · 0.67%
Pinkies, Inc. TX$6.3M · 0.05%
Parkway Chevrolet, Inc. TX$6.2M · 1.72%
Sprinkles Cupcakes, LLC TX$5.9M · 0.18%
Bering Home Center, Inc. TX$5.8M · 0.64%
Gibson Sales, LP TX$5.8M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260618968 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.