Texas › Manufacturing › 100 to 249 participants
Form 5500 statement · plan year 1 Jul 2024 to 30 Jun 2025
Texas Farm Products Holding Company Defined Benefit Retirement Plan
Sponsored by TFP Nutrition, Nacogdoches, TX
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
In the plan year ending 30 Jun 2025, Texas Farm Products Holding Company Defined Benefit Retirement Plan covered 195 participants and held $9.2M in net assets. The plan is a defined benefit pension plan sponsored by TFP Nutrition of Nacogdoches, Texas.
Net assets came to $47,269 per participant, well below the $80,635 median for defined benefit plans with 100 to 249 participants and well below the $67,961 median for defined benefit plans in manufacturing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Employer contributions were $315K for the year ($8,515 per active participant) and benefits paid were $929K. In a defined benefit plan the employer's contribution follows funding rules rather than a match formula, so it can swing widely from year to year.
Schedule C lists 3 service provider organisations paid $5,000 or more, with reported compensation of $96K: $495 per participant, above the same-size median of $451. Administrative expenses charged to the plan were $190K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $9.1M in 2009 to $9.2M in 2024 (up 2%), and participants from 283 to 195 (down 31%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $47,269 | $80,635 | $67,961 | $86,221 |
| Employer contributions per active participant | $8,515 | $9,975 | $6,915 | $10,244 |
| Schedule C compensation per participant | $495 | $451 | $299 | $344 |
| Schedule C compensation, share of net assets | 1.0% | 0.52% | 0.47% | 0.42% |
| Administrative expenses per participant | $972 | $582 | $498 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 100 to 249 participants (1,156 plans), manufacturing (1,532) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 195 | $9.2M | $47,267 | $315K | — | $96K |
| 2023 | 198 | $9.2M | $46,510 | $212K | — | $73K |
| 2022 | 198 | $9.4M | $47,434 | $172K | — | $78K |
| 2021 | 204 | $9.8M | $48,186 | $1.2M | — | $106K |
| 2020 | 208 | $11.2M | $54,014 | $677K | — | $105K |
| 2019 | 218 | $10.0M | $45,761 | $620K | — | $110K |
| 2018 | 221 | $9.8M | $44,136 | $347K | — | $88K |
| 2017 | 225 | $9.6M | $42,720 | $512K | — | $111K |
| 2016 | 231 | $9.7M | $41,779 | $235K | $0 | $116K |
| 2015 | 231 | $9.6M | $41,619 | $170K | — | $90K |
| 2014 | 234 | $10.7M | $45,859 | $176K | — | $104K |
| 2013 | 243 | $11.6M | $47,724 | $317K | — | $99K |
| 2012 | 268 | $10.2M | $38,101 | $333K | — | $94K |
| 2011 | 276 | $9.2M | $33,236 | $488K | — | $70K |
| 2010 | 279 | $8.0M | $28,541 | $312K | — | $106K |
| 2009 | 283 | $9.1M | $32,071 | $205K | — | $86K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$9,208,731
- Employer contributions$315,059
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$315,059
- Total income, including investment results$1,126,878
- Benefits paid$928,592
- Administrative expenses$189,538
- Total expenses$1,118,130
- Net income$8,748
- Net transfers$0
- Net assets, end of year$9,217,479
Participants
- Active participants37
- Retired or separated, receiving benefits91
- Retired or separated, entitled to future benefits25
- Total participants, end of year195
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Bpas | Contract Administrator | $50,770 | $0 |
| Principal Life Insurance Company | Contract Administrator | $45,658 | $0 |
| Wilshire Associates Incorporated | Investment advisory (plan) | $0 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Other administrative expenses$93,110
- Actuarial fees$50,770
- Investment advisory and management fees$24,027
- Recordkeeping fees$21,631
- Total administrative expenses$189,538
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Pooled separate accounts$8.6M · 93.6%
- Receivables$315K · 3.4%
- Registered investment companies (mutual funds)$274K · 3.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmHeard, McElroy & Vestal, LLC
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $500,000
- Blackout period during the year—
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1ABenefits are primarily pay related1IFrozen plan3DPre-approved pension plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 311110: Animal Food Mfg.
Other plans of TFP Nutrition
| Plan | Participants | Net assets |
|---|---|---|
| Texas Farm Products Co. 401(k) Profit Sharing Plan | 196 | $3.1M |
Similar plans in Texas
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Mineral Wells Hourly Employees Pension Plan | Cantex Inc. | 202 | $10.2M | $50,698 |
| Retirement Plan for Employees of Topsoe, Inc. | Topsoe, Inc. | 195 | $33.2M | $170,330 |
| Ineos Pension Plan | Ineos Americas, LLC | 209 | $22.9M | $109,605 |
| Biourja Renewables Cash Balance Plan | Biourja Renewables, LLC | 194 | $722K | $3,722 |
| The Retirement Plan for Union Employees of U.S. Oil & Refining Co. | Par Petroleum LLC | 214 | $21.6M | $101,083 |
| Natural Gas Solutions North America Pension Plan | Natural Gas Solution North America, LLC | 194 | $14.9M | $76,713 |
Defined benefit plans in manufacturing closest in size.
Questions and answers
How big is Texas Farm Products Holding Company Defined Benefit Retirement Plan?
195 participants at the end of the plan year ending 30 Jun 2025, of whom 37 were active employees, with net assets of $9,217,479. Among defined benefit plans that places it in the 100 to 249 participants band, which held 1,156 plans in plan year 2024.
What does TFP Nutrition contribute per participant?
The filing reports $315,059 in employer contributions for the year, which is $8,515 per active participant; the median for plans of the same type and size was $9,975 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $96,428 in compensation to service provider organisations, $495 per participant or 1.0% of net assets. The same-size median among plans reporting any Schedule C compensation was $451 per participant. Administrative expenses on Schedule H were $189,538. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is TFP Nutrition. Recordkeeping or administration: Bpas and Principal Life Insurance Company. Investment advisory or management: Wilshire Associates Incorporated. The financial statements were audited by Heard, McElroy & Vestal, LLC. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jul 2024 to 30 Jun 2025, received by the Department of Labor on 15 Apr 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 75-0604330, plan 001, received 15 Apr 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.