Plan Ledger DOL Form 5500 · updated monthly

Cavicchio Greenhouses Inc.401(k)

CAVICCHIO GREENHOUSES RETIREMENT SAVINGS PLAN · SUDBURY, MA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Cavicchio Greenhouses Inc. reported $73,683 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,315 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 3 years on file its reported administrative ratio has held roughly steady near 0.43%. 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 among the smaller plans on file in Massachusetts (1,375th of 2,726), and the 267th of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.14 for every $1.00 the employer contributed; active participation has grown from 195 to 437 since 2022.

Plan summary
Net assets, end of year$18,617,119
Participants with balances288
Active participants437
Employer contributions$574,665
Employee contributions$1,231,139
Employer contribution per active participant$1,315
Average account balance$64,643
Benefits paid to participants$1,023,158
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.6M · 288 accts · $575K emplr
2023$15.4M · 171 accts · $499K emplr
2022$12.7M · 159 accts · $437K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,835
Investment management$2,848
Total administrative$73,683
The Cavicchio Greenhouses Inc. 401(k) match · 2024
Employer contribution per active participant$1,315
Median for plans this size$2,416
2024$1,315 per active participant
2023$2,421 per active participant
2022$2,239 per active participant

Cavicchio Greenhouses Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$66,122

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$73,683 · 0.43%
2023$60,854 · 0.43%
2022$56,207 · 0.42%
Similar plansAgriculture, Forestry & Fishing · Massachusetts
Wilson Farm, Inc. MA$23.0M · 0.18%
Akoya Biosciences, Inc MA$18.0M · 0.02%
Next Step Healthcare, LLC MA$10.2M · 0.19%
3 Phase Elevator Corp. MA$9.8M · 0.41%
Airslate, Inc. MA$5.8M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042685074 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.