Plan Ledger DOL Form 5500 · updated monthly

Shoppas Farm Supply Inc401(k)

SHOPPA'S FARM SUPPLY 401(K) PLAN · EL CAMPO, TX · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Shoppas Farm Supply Inc reported $7,204 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,512 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 3 years on file its reported administrative ratio has held roughly steady near 0.056%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 2,561st-largest of 5,688 plans among Texas employers on file, and the 2,036th of 5,215 in retail trade. In 2024, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,850,397
Participants with balances239
Active participants245
Employer contributions$615,502
Employee contributions$1,010,960
Employer contribution per active participant$2,512
Average account balance$57,951
Benefits paid to participants$1,857,961
Plan auditUnmodified (clean) audit opinion
AuditorWEAVER AND TIDEWELL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.9M · 239 accts · $616K emplr
2023$12.0M · 207 accts · $552K emplr
2022$9.3M · 208 accts · $246K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,035
Investment management$4,169
Total administrative$7,204
The Shoppas Farm Supply Inc 401(k) match · 2024
Employer contribution per active participant$2,512
Median for plans this size$2,416
2024$2,512 per active participant
2023$2,455 per active participant
2022$1,072 per active participant

Shoppas Farm Supply 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.

Administrative cost history3
2024$7,204 · 0.06%
2023$6,434 · 0.06%
2022$5,818 · 0.06%
Same employer
Similar plansRetail Trade · Texas
Cooley Enterprises, Inc. TX$14.0M · 1.85%
Rogers Ford Sales, Inc. TX$14.0M · 0.56%
G.E. Foodland, Inc. TX$13.9M · 0.04%
Twin Liquors, LP TX$13.5M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742203325 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.