Beck's Superior Hybrids 401(k) match, vesting and fees
What Beck's Superior Hybrids' 401(k) plan says about matching contributions
The Company may, at its discretion, elect to make a matching contribution or additional discretionary contribution to the Plan. For the year ended December 31, 2024, the Company matching contribution was 50% of the first 6% of eligible compensation deferred that a participant contributes to the Plan.
Quoted directly from the filing. Plan terms may have changed; check your current Summary Plan Description.
Plan features
Indented passages are quoted word for word from the audit report; plan terms may have changed since, so check your current Summary Plan Description.
| Employer match | Quoted from the filing above | 2024 audit report, p. 30 ↗ |
| Match vesting | Participants are immediately vested in their contributions plus actual earnings thereon. Vesting in the Company matching and additional discretionary contribution portion of their accounts, plus actual earnings thereon, is based on years of credited service. A participant is 100% vested after six years of credited service. Notwithstanding the above, a participant is fully vested upon reaching normal retirement age, death, or permanent disability. | 2024 audit report, p. 31 ↗ |
| Automatic enrollment | The Plan includes an auto-enrollment provision whereby all newly eligible employees are automatically enrolled in the Plan unless they affirmatively elect not to participate in the Plan. Automatically enrolled participants have their deferral rate set at 6% of eligible compensation, and their contributions invested in the designated default fund until changed by the participant. The Plan includes an automatic escalation provision in which a participant’s auto-enrollment contribution rate is increased by 1% per year up to a maximum of 10% of eligible compensation unless an affirmative election is made by the respective participant. | 2024 audit report, p. 30 ↗ |
| Roth contributions | Eligible participants are permitted to elect to have a percentage, limited by Plan provisions, of their compensation contributed as pre-tax 401(k) or Roth contributions to the Plan. | 2024 audit report, p. 30 ↗ |
| Recordkeeper | Fidelity Investments Institutional | 2025 Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | 2025 Schedule H ↗ |
| Plan type and status | 401(k) · Active | 2025 Form 5500 ↗ |
Match, vesting and other plan features are from the plan year 2024 filing's audit report (the latest one extracted so far). Rows cited to the Form 5500 and its schedules are from the plan year 2025 filing.
How the plan compares
Plan year 2025 medians for 15 defined-contribution plans in agriculture, forestry, fishing and hunting with 1,000 to 4,999 participants.
| Beck's Superior Hybrids: employer contribution per participant | $2,216 | |
| Peer median | $1,574 |
| Beck's Superior Hybrids: average balance | $108,324 | |
| Peer median | $66,328 |
| Beck's Superior Hybrids: admin expenses ÷ assets | 0.11% | |
| Peer median | 0.14% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $72.7M at the end of plan year 2021 to $136M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 1,283 | $136M | $2.8M | $2,216 | 0.11% | Not published | Form 5500 ↗ |
| 2024 | 1,217 | $109M | $2.5M | $2,076 | 0.12% | Quoted in the audit report, p. 30 ↗ | Form 5500 ↗ |
| 2023 | 1,155 | $87.5M | $2.2M | $1,928 | 0.11% | Not published | Form 5500 ↗ |
| 2022 | 1,063 | $66.8M | $1.9M | $1,823 | 0.14% | Not published | Form 5500 ↗ |
| 2021 | 937 | $72.7M | $1.6M | $1,772 | 0.16% | Not published | Form 5500 ↗ |
Other Beck's Superior Hybrids plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Employees' Pension Plan of Beck'S Superior Hybrids, Inc.
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Beck's Superior Hybrids match 401(k) contributions?
The audit report attached to the Employees' Savings Plan of Beck'S Superior Hybrids, Inc.'s plan year 2024 Form 5500, page 30 says: “The Company may, at its discretion, elect to make a matching contribution or additional discretionary contribution to the Plan. For the year ended December 31, 2024, the Company matching contribution was 50% of the first 6% of eligible compensation deferred that a participant contributes to the Plan.” Plan terms may have changed; check your current Summary Plan Description.
When is the Beck's Superior Hybrids 401(k) match vested?
The audit report attached to the plan year 2024 Form 5500, page 31 says: “Participants are immediately vested in their contributions plus actual earnings thereon. Vesting in the Company matching and additional discretionary contribution portion of their accounts, plus actual earnings thereon, is based on years of credited service. A participant is 100% vested after six years of credited service. Notwithstanding the above, a participant is fully vested upon reaching normal retirement age, death, or permanent disability.”
Who manages the Beck's Superior Hybrids 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Fidelity Investments Institutional. The plan administrator is Beck'S Superior Hybrids, Inc..
I left Beck's Superior Hybrids. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Beck'S Superior Hybrids, Inc., (317) 984-3508) or the recordkeeper, Fidelity Investments Institutional. The Beck's Superior Hybrids old 401(k) page lists the contacts from every plan filing. Find an old Beck's Superior Hybrids 401(k)
Data from the public Form 5500 annual reports Beck's Superior Hybrids filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Beck's Superior Hybrids. Not financial advice. Report a correction · Methodology