Plan Ledger DOL Form 5500 · updated monthly

Opal Foods Cooperative, Inc.401(k)

CO-OP 401(K) PLAN · NEOSHO, MO · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Opal Foods Cooperative, Inc. reported $8,170 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,086 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 0.16% to 0.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Missouri (983rd of 1,393), and 554th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.42 for every $1.00 the employer contributed; active participation has grown from 277 to 547 since 2022.

Plan summary
Net assets, end of year$7,015,548
Participants with balances360
Active participants547
Employer contributions$593,857
Employee contributions$846,157
Employer contribution per active participant$1,086
Average account balance$19,488
Benefits paid to participants$746,103
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 360 accts · $594K emplr
2023$5.6M · 247 accts · $325K emplr
2022$4.8M · 220 accts · $312K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,374
Total administrative$8,170
The Opal Foods Cooperative, Inc. 401(k) match · 2024
Employer contribution per active participant$1,086
Median for plans this size$1,313
2024$1,086 per active participant
2023$1,080 per active participant
2022$1,125 per active participant

Opal Foods Cooperative, Inc.'s 2024 employer contribution ran below 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 · 20241
MILLIMAN, INC. · Recordkeeping · Loan processing$5,825

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Milliman
2023Milliman

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$8,170 · 0.13%
2023$6,657 · 0.13%
2022$8,752 · 0.16%
Same employer
Similar plansAgriculture, Forestry & Fishing · Missouri
Mfa Incorporated MO$154.5M · 0.18%
Dca Outdoor, Inc. MO$7.4M · 0.91%
Rosehill Gardens Inc MO$4.1M · 0.73%
Bauer Equity Partners MO$3.9M · 0.51%
Skymark Buyers Corp. MO$3.7M · 0.55%
McClain Farms, Inc. MO$1.9M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465653205 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.