Riceland Foods, Inc. 401(k) Review & Grade
Riceland Foods, Inc. 401(k) Retirement Plan
Stuttgart, ARManufacturing1,444 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,598Employer $ per active participant
$2,786Employee $ saved per active participant
0.30%Direct admin cost, % of plan assets
$74.4MNet plan assets, end of year
$42,876Average balance per account
Score breakdown
- Employer generosity16.5 / 5033th percentile for employer $ per participant
- Low cost10.3 / 2541th percentile for low admin cost vs. same-size plans
- Employee saving3.0 / 1520th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score23 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 33th |
| Lower admin cost | 41th |
| Employee saving | 20th |
| Peers that auto-enroll | 59% |
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 ($292,816 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
- Riceland Foods put in about $1,598 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- 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 | $2,307,155 |
| Participant (employee) contributions | $4,022,920 |
| Other contributions (incl. rollovers in) | $121,674 |
| Administrative expenses paid from the plan | $205,004 |
| Investment advisory & management fees | $97,211 |
| Benefits paid out | $8,523,935 |
| Net assets, start / end of year | $64.6M / $74.4M |
| Active participants, start / end of year | 1,531 / 1,357 |
| Participants with account balances | 1,735 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Forvis Mazars, LLP |
Largest service providers (Schedule C)
| Adp, Inc. | $107,793 reported compensation |
| Edward Jones | $64,631 reported compensation |
| Mesirow Financial Inc | $32,580 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009050333NAL0014774210001, received 2025-10-09, EIN 71-0578942, plan #005, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.