Plan Ledger DOL Form 5500 · updated monthly

Agrivision, Inc.401(k)

AGRIVISION, INC. 401(K) PLAN & TRUST · PORTERVILLE, CA · plan year 2024

Reported admin expense ratio · 2024
0.91%

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

Agrivision, Inc. reported $100,130 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,019 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 0.83% to 0.91%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in California (5,016th of 9,483), and the 404th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.54 for every $1.00 the employer contributed; active participation has shrunk from 179 to 135 since 2022.

Plan summary
Net assets, end of year$11,792,251
Participants with balances203
Active participants135
Employer contributions$407,620
Employee contributions$629,196
Employer contribution per active participant$3,019
Average account balance$58,090
Benefits paid to participants$897,630
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 203 accts · $408K emplr
2023$10.3M · 221 accts · $422K emplr
2022$9.8M · 230 accts · $439K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,624
Investment management$5,506
Total administrative$100,130
The Agrivision, Inc. 401(k) match · 2024
Employer contribution per active participant$3,019
Median for plans this size$2,416
2024$3,019 per active participant
2023$2,848 per active participant
2022$2,451 per active participant

Agrivision, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$4,602
WILSHIRE ASSOCIATES · Investment advisory (participants)$5,506

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$100,130 · 0.91%
2023$90,770 · 0.90%
2022$86,914 · 0.83%
All plans at this employer2
AGRIVISION, INC. 401(K) PLAN & TRUST401(k)
AGRIVISION, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansAgriculture, Forestry & Fishing · California
Huneeus Vintners LLC CA$12.8M · 0.00%
Foothill Packing, Inc. CA$12.6M · 1.03%
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Primus Group, Inc. CA$12.3M · 0.11%
Jasmine Vineyards, Inc. CA$11.2M · 0.85%
Crain Walnut Shelling, Inc CA$10.5M · 0.45%
Nicholas Bagshaw Company CA$10.4M · 0.09%
Ratto Bros., Inc. CA$10.1M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462101109 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.