Plan Ledger DOL Form 5500 · updated monthly

Apeel Technology, Inc.401(k)

APEEL SCIENCES 401(K) PLAN · GOLETA, CA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Apeel Technology, Inc. reported $18,740 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,297 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 0.04% to 0.10%. 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 the 3,669th-largest of 9,483 plans among California employers on file, and the 252nd of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.03 for every $1.00 the employer contributed; active participation has shrunk from 248 to 108 since 2022.

Plan summary
Net assets, end of year$19,745,982
Participants with balances294
Active participants108
Employer contributions$572,129
Employee contributions$1,160,009
Employer contribution per active participant$5,297
Average account balance$67,163
Benefits paid to participants$3,563,491
Plan auditUnmodified (clean) audit opinion
AuditorBARTLETT, PRINGLE & WOLF LLP
Plan history3
Yearassets · accounts · employer contribution
2024$19.7M · 294 accts · $572K emplr
2023$18.6M · 308 accts · $927K emplr
2022$15.8M · 226 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,042
Investment management$7,698
Total administrative$18,740
The Apeel Technology, Inc. 401(k) match · 2024
Employer contribution per active participant$5,297
Median for plans this size$2,416
2024$5,297 per active participant
2023$8,136 per active participant
2022$6,861 per active participant

Apeel Technology, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
FIDELITY WORKPLACE SERVICES LLC · Plan administrator · Trustee (discretionary)$11,042
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,698

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

Administrative cost history3
2024$18,740 · 0.10%
2023$14,303 · 0.08%
2022$5,719 · 0.04%
Same employer
Similar plansAgriculture, Forestry & Fishing · California
Gar Bennett, LLC. CA$21.1M · 0.10%
Hidden Villa Ranch CA$20.6M · 0.22%
Saticoy Lemon Association CA$20.0M · 0.31%
Beckstoffer Vineyards CA$19.3M · 0.41%
West Coast Turf CA$19.1M · 0.40%
AG Rx CA$18.7M · 0.15%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 455551038 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.