Plan Ledger DOL Form 5500 · updated monthly

Wayne Farms LLC401(k)

WAYNE FARMS LLC NON-UNION EMPLOYEES' SAVINGS PLAN · OAKWOOD, GA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Wayne Farms LLC reported $2,529,601 in plan administrative expenses for 2024: 0.45% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,367 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 0.11% to 0.45%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 68th-largest of 2,160 plans among Georgia employers on file, and the 5th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.50 for every $1.00 the employer contributed; active participation has grown from 4,610 to 24,562 since 2022.

Plan summary
Net assets, end of year$595,708,288
Participants with balances27,979
Active participants24,562
Employer contributions$33,564,012
Employee contributions$50,395,579
Employer contribution per active participant$1,367
Average account balance$21,291
Benefits paid to participants$80,116,054
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$595.7M · 27,979 accts · $33.6M emplr
2023$528.0M · 26,458 accts · $31.7M emplr
2022$196.2M · 5,054 accts · $6.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,543,904
Investment management$985,697
Total administrative$2,529,601
The Wayne Farms LLC 401(k) match · 2024
Employer contribution per active participant$1,367
Median for plans this size$4,294
2024$1,367 per active participant
2023$1,356 per active participant
2022$1,492 per active participant

Wayne Farms LLC's 2024 employer contribution ran below the $4,294 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 · 20243
RESOURCES INVESTMENT ADVISORS, LLC · Investment management$860,697
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$125,000

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$2,529,601 · 0.45%
2023$1,529,799 · 0.42%
2022$221,758 · 0.11%
All plans at this employer2
WAYNE FARMS LLC 401(K) PLAN FOR UNION EMPLOYEES401(k)
WAYNE FARMS LLC NON-UNION EMPLOYEES' SAVINGS PLAN401(k)
Same employer
Similar plansAgriculture, Forestry & Fishing · Georgia
Tyson Foods, Inc. AR$3.7B · 0.14%
Land O' Lakes, Inc. MN$2.0B · 0.09%
Perdue Farms Inc MD$708.4M · 0.09%
Siteone Landscape Supply GA$603.1M · 0.09%
The Wonderful Company CA$590.0M · 0.04%
Growmark, Inc. IL$474.9M · 0.19%
Foster Poultry Farms CA$456.0M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582530930 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.