Plan Ledger DOL Form 5500 · updated monthly

80 Acres Urban Agriculture, Inc.401(k)

80 ACRES FARMS RETIREMENT PLAN · HAMILTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.89%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

80 Acres Urban Agriculture, Inc. reported $67,452 in plan administrative expenses for 2024: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,402 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.73% to 0.89%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Ohio (2,123rd of 3,295), and 500th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.76 for every $1.00 the employer contributed; active participation has grown from 251 to 322 since 2022.

Plan summary
Net assets, end of year$8,674,709
Participants with balances471
Active participants322
Employer contributions$773,454
Employee contributions$1,363,402
Employer contribution per active participant$2,402
Average account balance$18,418
Benefits paid to participants$989,009
Plan auditDisclaimer of opinion
AuditorBARNES DENNING
Plan history3
Yearassets · accounts · employer contribution
2024$8.7M · 471 accts · $773K emplr
2023$6.5M · 385 accts · $615K emplr
2022$3.3M · 302 accts · $535K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,452
Total administrative$67,452
The 80 Acres Urban Agriculture, Inc. 401(k) match · 2024
Employer contribution per active participant$2,402
Median for plans this size$1,313
2024$2,402 per active participant
2023$2,349 per active participant
2022$2,132 per active participant

80 Acres Urban Agriculture, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$3,150

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$67,452 · 0.89%
2023$41,482 · 0.85%
2022$19,817 · 0.73%
Same employer
Similar plansAgriculture, Forestry & Fishing · Ohio
United Producers, Inc. OH$14.7M · 0.19%
The Motz Corporation OH$13.1M · 0.01%
Luckey Farmers, Inc. OH$10.4M · 0.64%
Wiers Farm, Inc. OH$7.2M · 0.63%
TH2 Connect LLC OH$5.8M · 0.02%
Aris Horticulture, Inc. OH$5.5M · 0.01%
The Cottage Gardens, Inc. OH$3.2M · 1.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833394582 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.