Plan Ledger DOL Form 5500 · updated monthly

Quality Sausage Company LLC401(k)

QUALITY SAUSAGE COMPANY LLC 401(K) DEFINED CONTRIBUTION PLAN · DALLAS, TX · plan year 2023

Reported admin expense ratio · 2023
0.32%

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

Quality Sausage Company LLC reported $40,044 in plan administrative expenses for 2023: 0.32% of average plan assets, above the peer median. Employer contributions averaged $1,659 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 rose from 0.28% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,681st-largest of 5,688 plans among Texas employers on file, and 7,776th of 13,661 in manufacturing. In 2023, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,819,796
Participants with balances234
Active participants368
Employer contributions$610,595
Employee contributions$1,294,190
Employer contribution per active participant$1,659
Average account balance$54,785
Benefits paid to participants$2,784,258
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 230 accts · $653K emplr
2023$12.8M · 234 accts · $611K emplr
2022$12.4M · 232 accts · $362K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$24,877
Investment management$15,167
Total administrative$40,044
The Quality Sausage Company LLC 401(k) match · 2023
Employer contribution per active participant$1,659
Median for plans this size$2,440
2024$2,033 per active participant
2023$1,659 per active participant
2022$1,035 per active participant

Quality Sausage Company LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$24,877
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$14,927

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

Administrative cost history3
2024$45,085 · 0.36%
2023$40,044 · 0.32%
2022$37,409 · 0.28%
Same employer
Similar plansManufacturing · Texas
Holmes Foods Inc. TX$13.0M · 0.49%
Cs Beef Packers, LLC TX$12.9M · 0.02%
Action Gypsum Supply, LP TX$12.9M · 0.63%
Tejas Industries, Inc. TX$12.8M · 0.74%
Alegacy Group TX$12.7M · 0.02%
Revision LLC TX$12.7M · 0.30%
Detex Corporation TX$12.7M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471685337 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.