Plan Ledger DOL Form 5500 · updated monthly

Battlefield Farms, Inc.401(k)

BATTLEFIELD FARMS, INC. PROFIT SHARING PLAN · RAPIDAN, VA · plan year 2023

Reported admin expense ratio · 2023
0.36%

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

Battlefield Farms, Inc. reported $45,974 in plan administrative expenses for 2023: 0.36% of average plan assets, above the peer median. Employer contributions averaged $3,255 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 0.35% to 0.36%. 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 Virginia (1,252nd of 2,266), and the 363rd of 945 in agriculture, forestry & fishing. In 2023, the employer put in $2.48 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$13,626,003
Participants with balances163
Active participants154
Employer contributions$501,260
Employee contributions$202,187
Employer contribution per active participant$3,255
Average account balance$83,595
Benefits paid to participants$681,979
Plan auditUnmodified (clean) audit opinion
AuditorHANTZMON WIEBEL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$13.6M · 163 accts · $501K emplr
2022$11.6M · 169 accts · $500K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$45,974
Total administrative$45,974
The Battlefield Farms, Inc. 401(k) match · 2023
Employer contribution per active participant$3,255
Median for plans this size$2,440
2023$3,255 per active participant
2022$3,311 per active participant

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

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$45,974
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024Not separately reported
2023$45,974 · 0.36%
2022$43,585 · 0.35%
Same employer
Similar plansAgriculture, Forestry & Fishing · Virginia
Fluence Energy, LLC VA$80.9M · 0.02%
Tyto Athene LLC VA$24.9M · 0.11%
Virginia Diodes VA$9.2M · 0.11%
Vpgc, LLC VA$9.1M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541565716 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.