Plan Ledger DOL Form 5500 · updated monthly

Preferred Beef Group, LP401(k)

PREFERRED BEEF GROUP, LP 401(K) PLAN · BOOKER, TX · plan year 2022

Reported admin expense ratio · 2022
0.86%

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

Preferred Beef Group, LP reported $12,051 in plan administrative expenses for 2022: 0.86% of average plan assets, higher than ~75% of peers. Employer contributions averaged $205 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (5,215th of 5,688), and 13,204th of 13,661 in manufacturing. In 2022, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,179,889
Participants with balances20
Active participants223
Employer contributions$45,694
Employee contributions$93,265
Employer contribution per active participant$205
Average account balance$58,994
Benefits paid to participants$327,824
Plan auditUnmodified (clean) audit opinion
AuditorWILSON HAAG, PPLC
The Preferred Beef Group, LP 401(k) match · 2022
Employer contribution per active participant$205
Median for plans this size$1,114

Preferred Beef Group, LP's 2022 employer contribution ran below the $1,114 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.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$12,051 · 0.86%
Same employer
Similar plansManufacturing · Texas
Bp Aerospace TX$1.2M · 2.28%
Syracuse Food Group, LLC TX$1.2M · 0.71%
Lamar Trailers Inc. TX$1.2M · 0.75%
Jem Beverage Company Inc TX$1.2M · 0.57%
Dws, LLC TX$1.1M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203322924 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.