Plan Ledger DOL Form 5500 · updated monthly

Plains Cotton Cooperative Association401(k)

CO-OP 401(K) PLAN · LUBBOCK, TX · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Plains Cotton Cooperative Association reported $42,363 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $5,020 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 0.35% to 0.34%. 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 2,653rd-largest of 5,688 plans among Texas employers on file, and the 379th of 945 in agriculture, forestry & fishing. In 2024, the employer put in $1.25 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$13,046,158
Participants with balances242
Active participants135
Employer contributions$677,687
Employee contributions$540,396
Employer contribution per active participant$5,020
Average account balance$53,910
Benefits paid to participants$1,534,519
Plan auditUnmodified (clean) audit opinion
AuditorRBMS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.0M · 242 accts · $678K emplr
2023$12.1M · 246 accts · $555K emplr
2022$10.7M · 245 accts · $689K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,572
Total administrative$42,363
The Plains Cotton Cooperative Association 401(k) match · 2024
Employer contribution per active participant$5,020
Median for plans this size$2,416
2024$5,020 per active participant
2023$4,238 per active participant
2022$5,471 per active participant

Plains Cotton Cooperative Association's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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.

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
MILLIMAN INC. · Recordkeeping · Loan processing$29,548
AGRI-INVEST, LLC · Investment management$7,092

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$42,363 · 0.34%
2023$41,301 · 0.36%
2022$39,960 · 0.35%
Same employer
Similar plansAgriculture, Forestry & Fishing · Texas
Vital Farms Inc. TX$20.1M · 0.10%
West Gaines Seed, Inc. TX$14.8M · 0.10%
Friona Industries, L.P. TX$14.4M · 0.64%
Riata Management LLC TX$14.3M · 0.42%
Lane's End Farm TX$12.5M · 0.02%
Consolidated Citrus Limited TX$11.7M · 0.12%
Ns Brands, LTD TX$10.7M · 0.84%

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Source: U.S. Department of Labor, Form 5500 series, EIN 750868898 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.