Plan Ledger DOL Form 5500 · updated monthly

Select Sires Midamerica, Inc.401(k)

SELECT SIRES MIDAMERICA, INC. 401(K) PLAN · LOGAN, UT · plan year 2022

Reported admin expense ratio · 2022
0.16%

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

Select Sires Midamerica, Inc. reported $25,617 in plan administrative expenses for 2022: 0.16% of average plan assets, below the peer median. Employer contributions averaged $6,408 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 371st-largest of 848 plans among Utah employers on file, and the 335th of 945 in agriculture, forestry & fishing. In 2022, employees put in $1.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,646,378
Participants with balances127
Active participants104
Employer contributions$666,421
Employee contributions$676,660
Employer contribution per active participant$6,408
Average account balance$115,326
Benefits paid to participants$1,741,402
Plan auditUnmodified (clean) audit opinion
The Select Sires Midamerica, Inc. 401(k) match · 2022
Employer contribution per active participant$6,408
Median for plans this size$2,266

Select Sires Midamerica, Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$25,617 · 0.16%
Same employer
Similar plansAgriculture, Forestry & Fishing · Utah
Adams Land & Cattle, LLC NE$14.8M · 0.58%
West Gaines Seed, Inc. TX$14.8M · 0.10%
United Producers, Inc. OH$14.7M · 0.19%
Norder Supply, Inc. NE$14.6M · 0.47%
Flowerwood Nursery, Inc. AL$14.6M · 0.66%
Milk Source, LLC WI$14.5M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870208815 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.