Norman W. Fries, Inc. Claxton401(k)
CLAXTON POULTRY FARMS EMPLOYEES' SAVING PLAN · CLAXTON, GA · plan year 2022
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Norman W. Fries, Inc. Claxton reported $15,775 in plan administrative expenses for 2022: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $187 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 0.07% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 846th-largest of 2,160 plans among Georgia employers on file, and the 231st of 945 in agriculture, forestry & fishing. In 2022, employees put in $1.90 for every $1.00 the employer contributed.
Norman W. Fries, Inc. Claxton's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 580703332 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.