Cal-Maine Foods, Inc. Ksop
Cal-Maine Foods, Inc. · Ridgeland, MS · EIN 640500378 · Plan 001 · Form 5500 for plan year 2024
What Cal-Maine Foods put into the plan, per active participant
$1,490
Cal-Maine Foods, Inc. put $1,490 into this plan for each of its 3,160 active participants in plan year 2024. That is the whole employer side, matching money, profit sharing, non-elective and safe-harbor contributions and reallocated forfeitures together, because the Form 5500 reports them on one line, so it is not the match rate.
Cal-Maine Foods put in less per active participant than 64% of plans with 1,000–4,999 participants in food, beverage and tobacco manufacturing. The middle plan in that group of 255 reported $2,235. Food, beverage and tobacco comes from business code 311500, which Cal-Maine Foods, Inc. entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
What this figure cannot separate: how much Cal-Maine Foods pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: Form 5500 filing for the plan year ended December 31, 2024, received by the DOL June 23, 2025 · DOL EFAST2 ↗
The $1,490 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. Cal-Maine Foods, Inc. also files a Form 11-K, which states what the employer contributes on its own for plan year 2025: the section below reads $1,485 a year at a $49,500 salary, and the same filing states employer contributions made outside the match. That second figure is what the formula pays one worker on that salary, and not an amount either filing reports. The two figures cover different plan years and measure different things, so neither one is the other one corrected.
What the plan cost, per participant
$68.36
The plan paid $68.36 per participant in plan-paid administrative expenses in plan year 2024, cheaper than 61% of plans with 1,000–4,999 participants. The middle plan of that size paid $84.96.
Why a plan this big pays less per person before anything else
Bigger plans pay less per head by construction, because the same negotiated bill divides across more people. That is why this ranking sits inside the plan's own size cohort and is never taken across all plans.
Schedule H reports only what came out of plan assets. Fees the sponsor pays directly, and fees taken inside fund expense ratios, never appear here, so this is a floor and not the all-in cost.
401(k) Monitor Score
43 out of 100
Where this plan stands against plans of its size and industry on two amounts its Form 5500 reports: employer money in per active person, and plan-paid cost per person. It reads no match formula, no vesting schedule and no fund lineup, because a Form 5500 states none of them.
- What the employer put in, per active participant: $1,490. Lower than 64% of plans with 1,000–4,999 participants in food, beverage and tobacco manufacturing.
- What the plan cost, per participant: $68.36. Cheaper than 61% of plans with 1,000–4,999 participants.
On this page: the match and vesting terms · what to check next · every figure on the filing · fees itemised · the plans this one is ranked against · service providers
The match and vesting terms, from a Form 11-K
The match formula and the vesting schedule are stated in a Form 11-K, which is filed only by employers whose plan holds company stock. A Form 5500 reports neither.
What Cal-Maine Foods puts in
$1,485
a year, at a $49,500 salary.
The filing discloses no match. The employer contributes 3% of pay on its own, whether or not the worker contributes.
The match paragraph, word for word
“The Company made safe harbor nonelective contributions equal to 3 % of compensation during the years ended December 31, 2025 and 2024.”
What you contribute to collect all of it
Nothing.
There is no match to collect. The employer contributes whether or not you do.
Vesting score
100 out of 100
How fast the employer’s money becomes yours. Higher than 48% of the 253 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 100%, 100%, 100%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Participants are vested immediately in their contributions and Company safe harbor contributions plus actual earnings thereon.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
39th percentile
$68.36 per participant in plan-paid administrative cost, cheaper than 61% of plans with 1,000–4,999 participants.
The match, vesting and eligibility terms above are read from the Form 11-K filed by Cal-Maine Foods, Inc., whose page states the full formula, the vesting schedule and the sentence behind each one.
What to check next
There is no match to collect
Cal-Maine Foods’s Form 11-K states an employer contribution of $1,485 a year that does not depend on what a worker puts in. Your own rate changes what you save and not what the employer adds.
That Form 11-K covers plan year 2025. The plan’s Summary Plan Description states the terms in force, and the plan administrator must provide it to participants on request.
Your own numbers are not on this page
Every figure here is the whole plan for plan year 2024, taken from one filing and divided by headcounts. Your own contribution rate, your balance and the fees taken from your account are on your recordkeeper’s site, which this filing names as Empower ↗. What you may put in during a year is set by the IRS and not by the plan: this year’s limits ↗.
Key figures
| Total plan assets, end of year | $291,151,010 |
|---|---|
| Net assets | $291,151,010 |
| Participants, beginning of year | 3,049 |
| Of which active | 3,160 |
| Plan type | Single employer |
| Size cohortThe peer group we rank fees against. | 1,000–4,999 participants |
| Employer share of the money that went in, plan year 2024The rest came from employees, who put in $7,137,160. The share falls when employees save more, so a plan whose staff contribute heavily reads lower here through no act of the employer. It is printed as a fact and it is not part of the score. | 40% |
Plan-paid administrative expenses
The plan paid $208,431 in administrative expenses in plan year 2024, across 3,049 participants: $68.36 per participant.
| Contract administrator fees | $0 |
|---|---|
| Professional fees | not reported in filing |
| Investment management fees | $78,390 |
| Other administrative fees | $0 |
These are plan-paid expenses from Schedule H only. Fees the sponsor pays directly, and fees embedded in fund expense ratios, never appear here. This figure is a floor, not the all-in cost, and a low number is not “free”.
The plans this one is ranked against
Fees on this page are ranked against the 1,000–4,999 participant cohort, where the median plan pays $84.96 per participant. The sponsor files from Mississippi, one of 247 plans on file there, at a median of $115.90 per participant. Its business code places the plan in food, beverage and tobacco manufacturing, one of 1,356 on file, which run to a median of $108.05.
Plans of a similar size in Mississippi
| Plan | Participants | Cost per participant |
|---|---|---|
| Medico 401(k) Retirement PlanMedico, LLC | 3,326 | $38.58 |
| Renasant Bank 401(k) PlanRenasant Bank | 3,123 | $78.75 |
| Yates Services Retirement & Savings PlanYates Services, LLC | 2,727 | $137.63 |
| Community Eldercare Services LLC 401(k) PlanCommunity Eldercare Services, LLC | 2,720 | $16.13 |
Service providers (Schedule C)
Recordkeeper: Empower (as filed: “EMPOWER ANNUITY INSURANCE COMPANY”)
7,876 plans on file name Empower as their recordkeeper, at a median of $165.69 per participant.
| Provider | Service codes | Direct comp. ($) | Indirect comp. ($) |
|---|---|---|---|
| Empower Annuity Insurance Company | 64 | 168,466 | 0 |
| Onedigital Investment Advisors LLC | 27 | 46,766 | not reported |
| Empower Advisory Group, LLC | 28 | 31,624 | not reported |
Useful links
- Find a 401(k) you left at an old job ↗
The DOL's Retirement Savings Lost & Found. Free and official.
- Look up this plan's full Form 5500 ↗
The DOL's own filing search. Search by plan or sponsor name.
- Download this plan's data (CSV) ↗
Every field on this page, one row, ready for a spreadsheet.
Source
| Dataset | DOL EFAST2 Form 5500 bulk data (FOIA) |
|---|---|
| Form year | 2024 |
| Filing ACK_ID | 20250623142702NAL0003590675001 |
| Dataset last refreshed | July 28, 2026 |
Bulk dataset at askebsa.dol.gov ↗ · Look up the filing on EFAST2 ↗
Filings lag by design: a plan can file up to 9½ months after its year ends, so this is the newest data on file. Why filings lag
Cite this page
401(k) Monitor, "Cal-Maine Foods, Inc. Ksop: Form 5500 facts", from DOL EFAST2 filing 20250623142702NAL0003590675001, plan year ended December 31, 2024. 401(k) Monitor Score 43 out of 100 (exact value 43.27).