Plan Ledger DOL Form 5500 · updated monthly

Braga Ranch, Inc.401(k)

BRAGA RANCH 401(K) PLAN · SOLEDAD, CA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Braga Ranch, Inc. reported $53,504 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $833 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 0.24% to 0.27%. 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 3,367th-largest of 9,483 plans among California employers on file, and the 217th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has shrunk from 1,493 to 1,140 since 2022.

Plan summary
Net assets, end of year$22,259,556
Participants with balances478
Active participants1,140
Employer contributions$949,659
Employee contributions$1,579,205
Employer contribution per active participant$833
Average account balance$46,568
Benefits paid to participants$514,568
Plan auditDisclaimer of opinion
AuditorJOHNSON & ASSOCIATES CPAS, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$22.3M · 478 accts · $950K emplr
2023$17.9M · 489 accts · $950K emplr
2022$14.3M · 493 accts · $957K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,450
Investment management$942
Total administrative$53,504
The Braga Ranch, Inc. 401(k) match · 2024
Employer contribution per active participant$833
Median for plans this size$2,416
2024$833 per active participant
2023$655 per active participant
2022$641 per active participant

Braga Ranch, Inc.'s 2024 employer contribution ran below the $2,416 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
VOYA RETIREMENT INSU AND ANNUITY CO · Investment advisory (participants)$319
QUINTES ADMINISTRATIVE & INSU. SVC · Other servicesindirect 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
2024$53,504 · 0.27%
2023$17,004 · 0.11%
2022$34,330 · 0.24%
Same employer
Similar plansAgriculture, Forestry & Fishing · California
Sun Pacific Shippers, LP CA$26.0M · 0.30%
Califia Farms, LLC CA$25.9M · 0.54%
Henry Avocado Corporation CA$22.5M · 0.00%
Plenty Unlimited Inc. CA$21.9M · 0.25%
Gemperle Brothers CA$21.4M · 0.36%
Gar Bennett, LLC. CA$21.1M · 0.10%
Hidden Villa Ranch CA$20.6M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261750469 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.