Plan Ledger DOL Form 5500 · updated monthly

Quaker Maid Meats, Inc.401(k)

QUAKER MAID MEATS, INC. 401(K) PROFIT SHARING PLAN · READING, PA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Quaker Maid Meats, Inc. reported $51,248 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $5,530 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 0.34% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,646th-largest of 3,651 plans among Pennsylvania employers on file, and the 6,369th of 13,661 in manufacturing. In 2024, the employer put in $1.76 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$17,893,120
Participants with balances151
Active participants121
Employer contributions$669,175
Employee contributions$380,243
Employer contribution per active participant$5,530
Average account balance$118,497
Benefits paid to participants$1,315,999
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.9M · 151 accts · $669K emplr
2023$16.4M · 182 accts · $629K emplr
2022$15.2M · 179 accts · $628K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,046
Investment management$27,177
Trustee / custodial$25
Total administrative$51,248
The Quaker Maid Meats, Inc. 401(k) match · 2024
Employer contribution per active participant$5,530
Median for plans this size$2,416
2024$5,530 per active participant
2023$4,804 per active participant
2022$4,754 per active participant

Quaker Maid Meats, Inc.'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 · 20243
JOHN HANCOCK · Contract administrator · Recordkeeping$24,046
GIRARD PARTNERS · Investment advisory (participants) · Investment advisory (plan)$27,177
TD AMERITRADE · Investment advisory (participants)indirect comp

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$51,248 · 0.30%
2023$49,358 · 0.31%
2022$59,480 · 0.34%
Same employer
Similar plansManufacturing · Pennsylvania
Port Erie Plastics, Inc. PA$18.0M · 0.31%
Richter Precision Inc PA$18.0M · 0.42%
Irwin Car and Equipment PA$17.9M · 0.35%
Aerzen USA Corp PA$17.8M · 0.40%
Brodart Co. PA$17.8M · 0.55%
Accutrex Products, Inc. PA$17.6M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231576647 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.