Plan Ledger DOL Form 5500 · updated monthly

Tip Top Poultry, Inc.401(k)

TIP TOP POULTRY, INC. RETIREMENT / SAVINGS 401(K) PLAN · MARIETTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Tip Top Poultry, Inc. reported $120,440 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,013 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 0.58%. 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 the 812th-largest of 2,160 plans among Georgia employers on file, and the 5,525th of 13,661 in manufacturing. In 2024, employees put in $1.79 for every $1.00 the employer contributed; active participation has grown from 918 to 1,242 since 2022.

Plan summary
Net assets, end of year$22,266,993
Participants with balances1,178
Active participants1,242
Employer contributions$1,258,507
Employee contributions$2,256,308
Employer contribution per active participant$1,013
Average account balance$18,902
Benefits paid to participants$2,961,081
Plan auditUnmodified (clean) audit opinion
AuditorFROST, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$22.3M · 1,178 accts · $1.3M emplr
2023$19.4M · 1,032 accts · $1.2M emplr
2022$15.2M · 755 accts · $916K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,317
Investment management$50,123
Total administrative$120,440
The Tip Top Poultry, Inc. 401(k) match · 2024
Employer contribution per active participant$1,013
Median for plans this size$2,416
2024$1,013 per active participant
2023$976 per active participant
2022$998 per active participant

Tip Top Poultry, Inc.'s 2024 employer contribution ran below the $2,416 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
JOHN HANCOCK RETIREMENT PLAN SRVCS · Recordkeeping · Investment advisory (participants)$70,317
CAMBRIDGE WEALTH · Investment advisory (plan)$50,123

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$120,440 · 0.58%
2023$97,984 · 0.57%
2022$91,028 · 0.56%
Same employer
Similar plansManufacturing · Georgia
Gf Health Products, Inc. GA$23.6M · 0.33%
Belt Power, LLC GA$23.6M · 0.10%
Glock, Inc. GA$23.4M · 0.49%
Sigvaris, Inc. GA$22.1M · 0.46%
Newcomb Spring Corp. GA$22.0M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580702072 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.