Plan Snapshot
- Plan Sponsor: Preferred Beef Group, LP
- Sponsor EIN: 203322924
- Sponsor Address: 910 EAST INDUSTRIAL, BOOKER, TX, 79081
- Plan Type: 401(k)
- Total Participants: 308
- Total Assets: $1.5M
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 | 308 | $1.5M | $52,609 | $91,224 |
| 2023 | 273 | $1.3M | $46,023 | $85,015 |
| 2022 | 223 | $1.2M | $45,694 | $93,265 |
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 |
|---|---|---|---|---|
| WILSON HAAG, PPLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $107,736 | — | $11,046 | — | — |
| 2023 | $240,543 | — | $9,508 | — | — |
| 2022 | $12,051 | — | — | — | — |