Plan Ledger DOL Form 5500 · updated monthly

Mps Egg Farms401(k)

MPS EGG FARMS 401(K) SAVINGS PLAN AND TRUST · NORTH MANCHESTER, IN · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Mps Egg Farms reported $3,921 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,011 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 0.03% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 647th-largest of 1,562 plans among Indiana employers on file, and the 296th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has shrunk from 473 to 269 since 2022.

Plan summary
Net assets, end of year$16,897,583
Participants with balances216
Active participants269
Employer contributions$540,941
Employee contributions$993,246
Employer contribution per active participant$2,011
Average account balance$78,230
Benefits paid to participants$1,331,373
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.9M · 216 accts · $541K emplr
2023$14.6M · 171 accts · $469K emplr
2022$10.8M · 143 accts · $227K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$200
Investment management$3,721
Total administrative$3,921
The Mps Egg Farms 401(k) match · 2024
Employer contribution per active participant$2,011
Median for plans this size$2,416
2024$2,011 per active participant
2023$703 per active participant
2022$480 per active participant

Mps Egg Farms's 2024 employer contribution ran below the $2,416 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

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$3,921 · 0.02%
2023$3,785 · 0.03%
2022$3,080 · 0.03%
Same employer
Similar plansAgriculture, Forestry & Fishing · Indiana
Remington Seeds, LLC. IN$65.3M · 0.08%
Envigo Rms, LLC IN$52.3M · 0.23%
Bridgeview Eye Partners IN$24.3M · 0.61%
Creighton Brothers LLC IN$10.2M · 0.59%
Curtis Creek Dairy, LLC IN$4.4M · 0.48%
Heartland Growers, Inc. IN$1.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351906283 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.