Plan Ledger DOL Form 5500 · updated monthly

Calavo Growers, Inc.401(k)

CALAVO GROWERS, INC. RETIREMENT PLAN · SANTA PAULA, CA · plan year 2023

Reported admin expense ratio · 2023
0.17%

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

Calavo Growers, Inc. reported $70,018 in plan administrative expenses for 2023: 0.17% of average plan assets, below the peer median. Employer contributions averaged $840 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 0.28% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,952nd-largest of 9,483 plans among California employers on file, and the 933rd of 4,246 in wholesale trade. In 2023, employees put in $2.23 for every $1.00 the employer contributed; active participation has shrunk from 1,442 to 1,284 since 2022.

Plan summary
Net assets, end of year$44,339,154
Participants with balances489
Active participants1,284
Employer contributions$1,077,973
Employee contributions$2,399,491
Employer contribution per active participant$840
Average account balance$90,673
Benefits paid to participants$7,253,883
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.2M · 409 accts · $1.0M emplr
2023$44.3M · 489 accts · $1.1M emplr
2022$40.4M · 518 accts · $1.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$55,060
Investment management$13,750
Total administrative$70,018
The Calavo Growers, Inc. 401(k) match · 2023
Employer contribution per active participant$840
Median for plans this size$2,440
2024$3,368 per active participant
2023$840 per active participant
2022$770 per active participant

Calavo Growers, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
T ROWE PRICE RPS INC · Recordkeeping · Trustee$55,060
PENSIONMARK RETIREMENT GROUP · Investment advisory (plan)$13,750

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$55,451 · 0.13%
2023$70,018 · 0.17%
2022$133,816 · 0.28%
Same employer
Similar plansWholesale Trade · California
Tireco, Inc. CA$45.5M · 0.06%
Dcor, LLC CA$44.6M · 0.28%
Mygrant Glass Company, Inc. CA$43.0M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330945304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.