King Ranch, Incorporated 401(k) Review & Grade
King Ranch, Inc. 401(k) Employee Retirement Savings Plan
Houston, TXAgriculture, Forestry, Fishing & Hunting936 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,547Employer $ per active participant
$3,039Employee $ saved per active participant
0.15%Direct admin cost, % of plan assets
$63.5MNet plan assets, end of year
$73,959Average balance per account
Score breakdown
- Employer generosity39.7 / 5079th percentile for employer $ per participant
- Low cost15.9 / 2564th percentile for low admin cost vs. same-size plans
- Employee saving9.7 / 1565th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score58 / 100 · Grade C
This plan vs. peers
Peers: Agriculture, Forestry, Fishing & Hunting plans with 500–2,499 active participants (118 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 79th |
| Lower admin cost | 64th |
| Employee saving | 65th |
| Peers that auto-enroll | 36% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($600 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- King Ranch, Incorporated put in about $2,547 per active participant, more than the typical peer ($774). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,385,091 |
| Participant (employee) contributions | $2,846,053 |
| Other contributions (incl. rollovers in) | $2,754,104 |
| Administrative expenses paid from the plan | $87,964 |
| Contract administrator fees | $80,407 |
| Investment advisory & management fees | $7,557 |
| Benefits paid out | $9,753,612 |
| Net assets, start / end of year | $56.4M / $63.5M |
| Active participants, start / end of year | 912 / 961 |
| Participants with account balances | 859 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Withumsmith+brown, PC |
Largest service providers (Schedule C)
| John Hancock Retirement Plan Srvcs | $87,964 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250916071643NAL0004485170001, received 2025-09-16, EIN 74-0726547, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.