Plan Ledger DOL Form 5500 · updated monthly

Quality Pork International Inc.401(k)

QUALITY PORK INTERNATIONAL INC. 401(K) PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
1.20%

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

Quality Pork International Inc. reported $26,246 in plan administrative expenses for 2024: 1.20% of average plan assets, higher than ~75% of peers. Employer contributions averaged $268 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 1.44% to 1.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Nebraska (520th of 565), and 12,682nd of 13,661 in manufacturing. In 2024, employees put in $2.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,294,220
Participants with balances99
Active participants402
Employer contributions$107,709
Employee contributions$266,549
Employer contribution per active participant$268
Average account balance$23,174
Benefits paid to participants$449,298
Plan auditUnmodified (clean) audit opinion
AuditorMCMILLEN DOVALI CO
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 99 accts · $108K emplr
2023$2.1M · 107 accts · $106K emplr
2022$1.6M · 111 accts · $100K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,832
Investment management$4,604
Audit (IQPA)$7,810
Total administrative$26,246
The Quality Pork International Inc. 401(k) match · 2024
Employer contribution per active participant$268
Median for plans this size$1,313
2024$268 per active participant
2023$291 per active participant
2022$258 per active participant

Quality Pork International Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
NEWPORT GROUP, INC. · Recordkeeping · Loan processing$13,832
ROSSITTO & ASSOCIATES · Accounting / audit$7,810

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$26,246 · 1.20%
2023$24,720 · 1.36%
2022$23,245 · 1.44%
Same employer
Similar plansManufacturing · Nebraska
Kinney Manufacturing, LLC NE$3.9M · 0.70%
Metalworks, Inc. NE$3.8M · 0.07%
A-1 Fiberglass NE$3.4M · 0.90%
Yasufuku U.S.A., Inc. NE$1.5M · 1.45%
Subconn, Inc. NE$1.4M · 0.15%
Rd Industries, Inc. NE$1.4M · 2.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470773026 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.