National Beef Packing Company, LLC401(k)
NATIONAL BEEF PACKING COMPANY, LLC PROFIT SHARING AND SAVINGS PLAN · KANSAS CITY, MO · plan year 2024
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
National Beef Packing Company, LLC reported $192,332 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $933 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 0.04% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 152nd-largest of 1,393 plans among Missouri employers on file, and the 1,560th of 13,661 in manufacturing. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has grown from 2,975 to 4,623 since 2022.
National Beef Packing Company, LLC'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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 481129505 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.