Plan Snapshot
- Plan Sponsor: National Beef Packing Company, LLC
- Sponsor EIN: 481129505
- Sponsor Address: 12200 NORTH AMBASSADOR DRIVE, KANSAS CITY, MO, 64163
- Plan Type: 401(k)
- Total Participants: 4,623
- Total Assets: $130.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,623 | $130.8M | $4.3M | $8.6M |
| 2023 | 3,359 | $117.0M | $3.5M | $7.4M |
| 2022 | 2,975 | $85.5M | $3.2M | $6.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $127,807 | — | $127,807 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $64,525 | — | $64,525 |
| PICKETT, CHANEY & MCMULLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- PICKETT, CHANEY & MCMULLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $192,332
- Estimated Expense Ratio: 0.147% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $192,332 | $64,525 | — | — | — |
| 2023 | $47,394 | — | — | — | — |
| 2022 | $40,186 | $28,320 | — | — | $11,866 |