Plan Ledger DOL Form 5500 · updated monthly

Stx Beef Company401(k)

STX BEEF COMPANY 401(K) PLAN · CORPUS CHRISTI, TX · plan year 2024

Reported admin expense ratio · 2024
1.01%

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

Stx Beef Company reported $41,753 in plan administrative expenses for 2024: 1.01% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,072 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 0.31% to 1.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Texas (4,134th of 5,688), and 652nd of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,741,110
Participants with balances682
Active participants666
Employer contributions$713,783
Employee contributions$990,521
Employer contribution per active participant$1,072
Average account balance$6,952
Benefits paid to participants$843,881
Plan auditUnmodified (clean) audit opinion
AuditorHARPER & PEARSON COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 682 accts · $714K emplr
2023$3.6M · 653 accts · $755K emplr
2022$1.5M · 81 accts · $145K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,753
Total administrative$41,753
The Stx Beef Company 401(k) match · 2024
Employer contribution per active participant$1,072
Median for plans this size$1,313
2024$1,072 per active participant
2023$1,158 per active participant
2022$217 per active participant

Stx Beef Company's 2024 employer contribution ran below the $1,313 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 · 20241
T ROWE PRICE RPS INC · Recordkeeping · Trustee$43,012

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$41,753 · 1.01%
2023$33,559 · 1.32%
2022$4,265 · 0.31%
Same employer
Similar plansAgriculture, Forestry & Fishing · Texas
Treesap Farms, LLC TX$9.4M · 0.66%
Mercy Ships TX$9.3M · 0.82%
Cg Nation, LLC TX$3.2M · 0.18%
Calloways Nursery, Inc. TX$3.0M · 0.58%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 833583192 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.