Plan Ledger DOL Form 5500 · updated monthly

Ben Hill Griffin, Inc.Profit-sharing plan

BEN HILL GRIFFIN, INC. EMPLOYEES' PROFIT SHARING PLAN AND TRUST AGREEMENT · FROSTPROOF, FL · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Ben Hill Griffin, Inc. reported $99,264 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $4,027 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 fell from 0.38% to 0.30%. 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 733rd-largest of 3,644 plans among Florida employers on file, and the 143rd of 945 in agriculture, forestry & fishing. active participation has shrunk from 153 to 128 since 2022.

Plan summary
Net assets, end of year$34,308,792
Participants with balances440
Active participants128
Employer contributions$515,476
Employee contributions—
Employer contribution per active participant$4,027
Average account balance$77,975
Benefits paid to participants$1,915,137
Plan auditUnmodified (clean) audit opinion
AuditorWALL TITUS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$34.3M · 440 accts · $515K emplr
2023$32.6M · 450 accts · $523K emplr
2022$29.7M · 461 accts · $509K emplr
Administrative expenses, itemized · 2024
Investment management$99,264
Total administrative$99,264
Employer contributions to the Ben Hill Griffin, Inc. plan · 2024
Employer contribution per active participant$4,027
Median for plans this size$2,416
2024$4,027 per active participant
2023$3,792 per active participant
2022$3,330 per active participant

Ben Hill Griffin, 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
STERLING CAPITAL MANAGEMENT · Investment advisory (plan) · Investment management$63,400
TRUIST FINANCIAL CORPORATION · Trustee$35,864

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$99,264 · 0.30%
2023$115,795 · 0.37%
2022$129,861 · 0.38%
Same employer
Similar plansAgriculture, Forestry & Fishing · Florida
Rayonier Inc. FL$122.7M · 0.19%
Citrus World, Inc. FL$83.5M · 0.32%
Costa Farms, LLC FL$41.2M · 0.31%
Barron Collier Partnership FL$33.3M · 0.02%
Lfc Enterprises LLC FL$27.9M · 0.36%
Naturipe Farms, LLC. FL$25.1M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590585518 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.