Plan Ledger DOL Form 5500 · updated monthly

Pork King Packing, Inc.401(k)

PORK KING PACKING, INC. 401(K) PLAN · MARENGO, IL · plan year 2024

Reported admin expense ratio · 2024
3.69%

Pork King Packing, Inc. reported $5,286 in plan administrative expenses for 2024: 3.69% of average plan assets, higher than ~75% of peers. 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 5.03% to 3.69%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (3,636th of 3,702), and 13,589th of 13,661 in manufacturing. active participation has grown from 182 to 230 since 2022.

Plan summary
Net assets, end of year$159,566
Participants with balances123
Active participants230
Employer contributions—
Employee contributions$24,569
Employer contribution per active participant—
Average account balance$1,297
Benefits paid to participants$799
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$160K · 123 accts
2023$127K · 129 accts
2022$103K · 139 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,286
Total administrative$5,286
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
AMERITAS LIFE INSURANCE CORP. · Recordkeeping$5,286

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

Recordkeeper by year2
2024Ameritas
2023Ameritas

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

Administrative cost history3
2024$5,286 · 3.69%
2023$4,849 · 4.22%
2022$5,437 · 5.03%
Similar plansManufacturing · Illinois
Baily International, LLC IL$196K · 0.40%
Dadant & Sons Inc IL$187K · 1.34%
Magickwoods IL$106K · 4.42%
USA Millwork, LLC. IL$54K · 1.54%
Luminii LLC IL$18K · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363157232 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.