Plan Ledger DOL Form 5500 · updated monthly

Select Veal Feeds, Inc.401(k)

SELECT VEAL FEEDS, INC. 401(K) PROFIT SHARING PLAN · SOUDERTON, PA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Select Veal Feeds, Inc. reported $40,509 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $2,988 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 0.22% to 0.37%. 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 among the smaller plans on file in Pennsylvania (2,117th of 3,651), and 8,085th of 13,661 in manufacturing. In 2024, the employer put in $1.24 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$11,801,928
Participants with balances241
Active participants243
Employer contributions$726,097
Employee contributions$584,135
Employer contribution per active participant$2,988
Average account balance$48,971
Benefits paid to participants$492,462
Plan auditUnmodified (clean) audit opinion
AuditorTROUT CPA
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 241 accts · $726K emplr
2023$10.0M · 232 accts · $678K emplr
2022$8.1M · 240 accts · $612K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,000
Investment management$10,844
Audit (IQPA)$16,665
Total administrative$40,509
The Select Veal Feeds, Inc. 401(k) match · 2024
Employer contribution per active participant$2,988
Median for plans this size$2,416
2024$2,988 per active participant
2023$2,723 per active participant
2022$2,747 per active participant

Select Veal Feeds, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$35,846
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$30,617
TROUT, CPA · Accounting / audit$16,665

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$40,509 · 0.37%
2023$14,596 · 0.16%
2022$18,589 · 0.22%
Similar plansManufacturing · Pennsylvania
Knepper Press Corporation PA$12.1M · 0.10%
Atas International, Inc. PA$12.0M · 0.67%
Ultra Poly Corporation PA$11.8M · 0.45%
Fabric Development, Inc. PA$11.8M · 0.41%
Preferred Proppants LLC PA$11.8M · 0.59%
Sugaright, LLC PA$11.7M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232295977 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.