Plan Ledger DOL Form 5500 · updated monthly

Bowery Farming Inc.401(k)

BOWERY FARMING 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.23%

Bowery Farming Inc. reported $16,944 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. 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 0.19% to 0.23%. 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 New York (4,008th of 5,648), and 540th of 945 in agriculture, forestry & fishing. active participation has shrunk from 564 to 1 since 2022.

Plan summary
Net assets, end of year$7,472,889
Participants with balances223
Active participants1
Employer contributions—
Employee contributions$1,043,893
Employer contribution per active participant—
Average account balance$33,511
Benefits paid to participants$2,193,841
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.5M · 223 accts
2023$7.5M · 269 accts
2022$5.7M · 272 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,944
Total administrative$16,944
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 · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$16,944

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$16,944 · 0.23%
2023$15,045 · 0.23%
2022$8,923 · 0.19%
Same employer
Similar plansAgriculture, Forestry & Fishing · New York
Intermix Holdco, LLC NY$9.3M · 0.30%
Checkout, LLC NY$8.4M · 0.03%
Whitmore Worsley, Inc. NY$4.3M · 0.47%
Blondies Treehouse, Inc. NY$4.0M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475080555 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.