# Perdue Farms INC 401(k) Plan
Source: https://planprovider.pro/companies/perdue-farms-inc-401k-plan

> Perdue Farms INC's 401(k) plan: 19,477 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Perdue Farms INC

- **Sponsor EIN:** 520888853

- **Sponsor Address:** PO BOX 1537, SALISBURY, MD, 218021537

- **Plan Type:** 401(k)

- **Total Participants:** 19,477

- **Total Assets:** $708.4M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **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|19,477|$708.4M|$22.6M|$38.6M|

| 2023|18,867|$661.9M|$21.5M|$36.0M|

| 2022|18,319|$583.6M|$21.3M|$34.8M|

## 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|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$595,627|—|$595,627|

| CAPFINANCIAL PARTNERS LLC|NONE|$105,811|—|$105,811|

| FAW CASSON|NONE|$21,500|—|$21,500|

| VENABLE LLP|NONE|$10,967|—|$10,967|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FAW CASSON](https://planprovider.pro/provider/faw-casson-and-co-llp) — NONE

- [VENABLE LLP](https://planprovider.pro/provider/venable-llp) — NONE

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $733,905

- **Estimated Expense Ratio:** 0.104% 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|$645,379|$105,811|$505,101|$21,500|—|

| 2023|$610,253|$101,541|$351,230|—|—|

| 2022|$593,598|—|—|—|—|

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