Plan Ledger DOL Form 5500 · updated monthly

Boskovich Farms, Inc.401(k)

BOSKOVICH FARMS, INC. 401(K) PROFIT SHARING PLAN · OXNARD, CA · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Boskovich Farms, Inc. reported $54,520 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $647 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 0.58% to 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in California (5,839th of 9,483), and 502nd of 945 in agriculture, forestry & fishing. In 2024, employees put in $5.48 for every $1.00 the employer contributed; active participation has shrunk from 154 to 126 since 2022.

Plan summary
Net assets, end of year$8,665,928
Participants with balances118
Active participants126
Employer contributions$81,482
Employee contributions$446,604
Employer contribution per active participant$647
Average account balance$73,440
Benefits paid to participants$1,530,211
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.7M · 118 accts · $81K emplr
2023$8.4M · 128 accts · $78K emplr
2022$7.6M · 213 accts · $88K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,924
Investment management$5,250
Total administrative$54,520
The Boskovich Farms, Inc. 401(k) match · 2024
Employer contribution per active participant$647
Median for plans this size$1,313
2024$647 per active participant
2023$551 per active participant
2022$573 per active participant

Boskovich Farms, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping$26,924
WORLD INVESTMENT ADVISORS, LLC · Investment advisory (participants)$22,346

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$54,520 · 0.64%
2023$48,647 · 0.61%
2022$55,422 · 0.58%
Same employer
Similar plansAgriculture, Forestry & Fishing · California
Monterey Pacific, Inc. CA$8.9M · 0.42%
Munger Bros., LLC CA$8.9M · 0.04%
Hollandia Dairy, Inc. CA$8.8M · 0.19%
Bee Sweet Citrus, Inc. CA$8.3M · 1.36%
Bridge Group Hh, Inc. CA$8.1M · 0.99%
Bidart Bros. CA$8.0M · 0.56%
Rivermaid Trading Company CA$7.9M · 0.54%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 952987775 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.