Plan Ledger DOL Form 5500 · updated monthly

Bushel Boy Farms, LLP401(k)

BUSHEL BOY FARMS, LLP PROFIT SHARING PLAN & TRUST · OWATONNA, MN · plan year 2022

Reported admin expense ratio · 2022
1.13%

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

Bushel Boy Farms, LLP reported $15,661 in plan administrative expenses for 2022: 1.13% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,197 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Minnesota (1,840th of 1,918), and 13,151st of 13,661 in manufacturing. In 2022, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,305,875
Participants with balances73
Active participants80
Employer contributions$95,796
Employee contributions$201,517
Employer contribution per active participant$1,197
Average account balance$17,889
Benefits paid to participants$190,500
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,425
Investment management$14,236
Total administrative$15,661
The Bushel Boy Farms, LLP 401(k) match · 2022
Employer contribution per active participant$1,197
Median for plans this size$1,114

Bushel Boy Farms, LLP's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$15,661 · 1.13%
Same employer
Similar plansManufacturing · Minnesota
Caerus Corp MN$1.7M · 0.84%
Rosenbauer Minnesota, LLC MN$1.4M · 0.50%
Downs Food Group Inc. MN$1.4M · 0.97%
Aludec USA, Inc. MN$1.3M · 0.78%
Bobs Wood Specialties Inc MN$1.3M · 1.09%
Leafline Labs, LLC MN$1.2M · 1.63%
United Packaging, Inc. MN$1.2M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453982243 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.