Plan Ledger DOL Form 5500 · updated monthly

Agrofresh Inc.401(k)

AGROFRESH INC. RETIREMENT PLAN · PHILADELPHIA, PA · plan year 2023

Reported admin expense ratio · 2023
0.02%

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

Agrofresh Inc. reported $2,793 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,328 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 1 year on file its reported administrative ratio rose from 0.00% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Pennsylvania (2,075th of 3,651), and the 395th of 945 in agriculture, forestry & fishing. In 2023, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,320,540
Participants with balances125
Active participants90
Employer contributions$749,541
Employee contributions$1,282,615
Employer contribution per active participant$8,328
Average account balance$98,564
Benefits paid to participants$2,281,231
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history2
Yearassets · accounts · employer contribution
2023$12.3M · 125 accts · $750K emplr
2022$10.2M · 127 accts · $674K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,938
Investment management$855
Total administrative$2,793
The Agrofresh Inc. 401(k) match · 2023
Employer contribution per active participant$8,328
Median for plans this size$2,440
2023$8,328 per active participant
2022$7,929 per active participant

Agrofresh Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,938

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

Administrative cost history2
2023$2,793 · 0.02%
2022$431 · 0.00%
Similar plansAgriculture, Forestry & Fishing · Pennsylvania
Kaolin Mushroom Farms, Inc. PA$18.2M · 0.65%
Ardent Federal Credit Union PA$14.4M · 0.27%
Sterman Masser, Inc. PA$13.4M · 0.61%
Rice Fruit Company PA$8.8M · 0.00%
Esbenshade, Inc. PA$8.3M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364064051 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.