Plan Ledger DOL Form 5500 · updated monthly

Prairie Farms Dairy, Inc.Profit-sharing plan

PRAIRIE FARMS DAIRY, INC. THRIFT INCENTIVE PLAN · EDWARDSVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Prairie Farms Dairy, Inc. reported $1,390,655 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~90% of peers. Employer contributions averaged $7,148 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 0.28% to 0.23%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 127th-largest of 3,702 plans among Illinois employers on file, and the 476th of 13,661 in manufacturing. In 2024, the employer put in $2.51 for every $1.00 employees contributed themselves; active participation has grown from 4,922 to 6,358 since 2022.

Plan summary
Net assets, end of year$637,486,825
Participants with balances5,745
Active participants6,358
Employer contributions$45,445,331
Employee contributions$18,081,085
Employer contribution per active participant$7,148
Average account balance$110,964
Benefits paid to participants$70,872,500
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$637.5M · 5,745 accts · $45.4M emplr
2023$597.9M · 5,343 accts · $37.7M emplr
2022$523.1M · 5,476 accts · $37.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,390,655
Total administrative$1,390,655
Employer contributions to the Prairie Farms Dairy, Inc. plan · 2024
Employer contribution per active participant$7,148
Median for plans this size$4,294
2024$7,148 per active participant
2023$7,291 per active participant
2022$7,675 per active participant

Prairie Farms Dairy, Inc.'s 2024 employer contribution ran above the $4,294 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 · 20242
NEWPORT GROUP, INC. · Recordkeeping$171,385
COUNTRY FINANCIAL$1,165,821

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$1,390,655 · 0.23%
2023$1,357,916 · 0.24%
2022$1,400,336 · 0.28%
All plans at this employer2
PRAIRIE FARMS DAIRY, INC. THRIFT INCENTIVE PLANProfit-sharing plan
PRAIRIE FARMS DAIRY 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Illinois
McCain Foods USA, Inc. IL$724.1M · 0.08%
Cf Industries Holdings, Inc. IL$695.7M · 0.02%
Panduit Corp. IL$692.2M · 0.01%
Ingredion Incorporated IL$650.9M · 0.05%
Abbvie LTD. C/O Abbvie Inc. IL$560.1M · 0.07%
Fresenius Kabi USA, LLC IL$559.5M · 0.06%
Hollister Incorporated IL$554.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370811846 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.