STX Beef Company 401(k) Review & Grade
STX Beef Company 401(k) Plan
Corpus Christi, TXAgriculture, Forestry, Fishing & Hunting656 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,089Employer $ per active participant
$1,511Employee $ saved per active participant
1.01%Direct admin cost, % of plan assets
$4.7MNet plan assets, end of year
$6,952Average balance per account
Score breakdown
- Employer generosity26.9 / 5054th percentile for employer $ per participant
- Low cost1.6 / 256th percentile for low admin cost vs. same-size plans
- Employee saving6.4 / 1543th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score45 / 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 | 54th |
| Lower admin cost | 6th |
| Employee saving | 43th |
| Peers that auto-enroll | 36% |
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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
- STX Beef put in about $1,089 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.
- Direct plan expenses (1.01% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $713,783 |
| Participant (employee) contributions | $990,521 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $41,753 |
| Benefits paid out | $843,881 |
| Net assets, start / end of year | $3.6M / $4.7M |
| Active participants, start / end of year | 645 / 666 |
| Participants with account balances | 682 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Harper & Pearson Company |
Largest service providers (Schedule C)
| T Rowe Price RPS Inc | $43,012 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251007152724NAL0002577043001, received 2025-10-07, EIN 83-3583192, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.