Plan Ledger DOL Form 5500 · updated monthly

Simmons Foods, Inc.401(k)

SIMMONS FOODS, INC. 401(K) RETIREMENT AND TRUST PLAN · SILOAM SPRINGS, AR · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Simmons Foods, Inc. reported $341,846 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $935 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 0.27% to 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 24th-largest of 456 plans among Arkansas employers on file, and the 1,214th of 13,661 in manufacturing. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has grown from 6,562 to 9,134 since 2022.

Plan summary
Net assets, end of year$186,891,722
Participants with balances3,654
Active participants9,134
Employer contributions$8,543,046
Employee contributions$16,546,842
Employer contribution per active participant$935
Average account balance$51,147
Benefits paid to participants$18,062,703
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$186.9M · 3,654 accts · $8.5M emplr
2023$154.9M · 3,414 accts · $8.2M emplr
2022$123.2M · 3,246 accts · $7.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$270,077
Investment management$71,769
Total administrative$341,846
The Simmons Foods, Inc. 401(k) match · 2024
Employer contribution per active participant$935
Median for plans this size$3,635
2024$935 per active participant
2023$1,124 per active participant
2022$1,196 per active participant

Simmons Foods, Inc.'s 2024 employer contribution ran below the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$270,077
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$71,769

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$341,846 · 0.20%
2023$321,022 · 0.23%
2022$341,275 · 0.27%
Same employer
Similar plansManufacturing · Arkansas
Mountaire Corporation AR$439.9M · 0.20%
Central Moloney, Inc. AR$177.1M · 0.00%
Riceland Foods, Inc. AR$74.4M · 0.30%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 750995574 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.