Plan Ledger DOL Form 5500 · updated monthly

Staple Cotton Cooperative Association401(k)

STAPLE COTTON COOPERATIVE ASSOCIATION AND ITS AFFILIATES 401K RETIREMENT SAVINGS PLAN · GREENWOOD, MS · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Staple Cotton Cooperative Association reported $62,212 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $4,020 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 0.322%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 94th-largest of 367 plans among Mississippi employers on file, and the 1,878th of 4,246 in wholesale trade. In 2024, the employer put in $1.26 for every $1.00 employees contributed themselves; active participation has grown from 166 to 207 since 2022.

Plan summary
Net assets, end of year$20,185,885
Participants with balances212
Active participants207
Employer contributions$832,176
Employee contributions$660,523
Employer contribution per active participant$4,020
Average account balance$95,216
Benefits paid to participants$2,227,956
Plan auditUnmodified (clean) audit opinion
AuditorSAYLE, SANDIFER & JOHNSON, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.2M · 212 accts · $832K emplr
2023$18.5M · 205 accts · $722K emplr
2022$15.0M · 163 accts · $496K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,467
Investment management$36,745
Total administrative$62,212
The Staple Cotton Cooperative Association 401(k) match · 2024
Employer contribution per active participant$4,020
Median for plans this size$2,416
2024$4,020 per active participant
2023$4,297 per active participant
2022$2,991 per active participant

Staple Cotton Cooperative Association'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 · 20242
REGIONS BANK · Investment advisory (plan)$36,745
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$25,467

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$62,212 · 0.32%
2023$54,935 · 0.33%
2022$55,620 · 0.32%
Same employer
Similar plansWholesale Trade · Mississippi
G & S Enterprises, Inc. MS$43.3M · 0.17%
Wade, Incorporated MS$29.8M · 0.23%
Mitchell Companies, LLC MS$26.6M · 0.05%
Ergon Asphalt Partners, LP MS$25.1M · 0.31%
Van Zyverden, Inc. MS$18.4M · 0.44%
Waring Oil Company, LLC MS$16.7M · 0.49%
Krone NA Inc MS$16.6M · 0.20%
Hotel & Restaurant Supply MS$12.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640247150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.