Plan Ledger DOL Form 5500 · updated monthly

Church Brothers, LLC401(k)

CHURCH BROTHERS, LLC 401(K) PLAN · SALINAS, CA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Church Brothers, LLC reported $28,202 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $533 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 0.10% to 0.11%. 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 2,868th-largest of 9,483 plans among California employers on file, and the 176th of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has shrunk from 2,152 to 1,754 since 2022.

Plan summary
Net assets, end of year$27,493,563
Participants with balances381
Active participants1,754
Employer contributions$934,376
Employee contributions$1,872,679
Employer contribution per active participant$533
Average account balance$72,162
Benefits paid to participants$2,733,041
Plan auditUnmodified (clean) audit opinion
AuditorJOHANSON & YAU ACCOUNTANCY CORP
Plan history3
Yearassets · accounts · employer contribution
2024$27.5M · 381 accts · $934K emplr
2023$23.7M · 372 accts · $865K emplr
2022$18.5M · 361 accts · $811K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,744
Investment management$9,358
Total administrative$28,202
The Church Brothers, LLC 401(k) match · 2024
Employer contribution per active participant$533
Median for plans this size$2,416
2024$533 per active participant
2023$577 per active participant
2022$377 per active participant

Church Brothers, LLC'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 · 20243
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$6,241
QUINTES ADMIN AND INSURANCE SVC · Other servicesindirect comp
GLOBAL RETIREMENT PARTNERS LLCindirect 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$28,202 · 0.11%
2023$21,730 · 0.10%
2022$19,780 · 0.10%
Same employer
Similar plansAgriculture, Forestry & Fishing · California
Valley Fresh Foods, Inc. CA$32.9M · 0.25%
Mariani Nut Company Inc. CA$30.4M · 0.04%
Kern Machinery, Inc. CA$27.5M · 0.36%
California Giant, Inc. CA$26.6M · 0.31%
Limoneira Company CA$26.4M · 0.36%
Sun Pacific Shippers, LP CA$26.0M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770501879 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.