Cal-Maine Foods, Inc. 401(k) Review & Grade
Cal-Maine Foods, Inc. Ksop
Ridgeland, MSManufacturing2,758 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,707Employer $ per active participant
$2,588Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$291.2MNet plan assets, end of year
$73,971Average balance per account
Score breakdown
- Employer generosity11.2 / 5022th percentile for employer $ per participant
- Low cost15.4 / 2562th percentile for low admin cost vs. same-size plans
- Employee saving1.8 / 1512th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score28 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 22th |
| Lower admin cost | 62th |
| Employee saving | 12th |
| Peers that auto-enroll | 70% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Cal-Maine Foods put in about $1,707 per active participant, below the typical peer ($3,452). 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.
- 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 | $4,707,505 |
| Participant (employee) contributions | $7,137,160 |
| Other contributions (incl. rollovers in) | $7,599,899 |
| Administrative expenses paid from the plan | $208,431 |
| Investment advisory & management fees | $78,390 |
| Benefits paid out | $20,563,398 |
| Net assets, start / end of year | $189.7M / $291.2M |
| Active participants, start / end of year | 2,356 / 3,160 |
| Participants with account balances | 3,936 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Frost, PLLC |
| Employer stock held by plan | $196,595,844 |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $168,466 reported compensation |
| Onedigital Investment Advisors LLC | $46,766 reported compensation |
| Empower Advisory Group, LLC | $31,624 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250623142702NAL0003590675001, received 2025-06-23, EIN 64-0500378, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.