Plan Ledger DOL Form 5500 · updated monthly

Coastal Blooms Nursery, LLC401(k)

COASTAL BLOOMS NURSERY 401(K) PLAN · CARPINTERIA, CA · plan year 2022

Reported admin expense ratio · 2022
0.60%

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

Coastal Blooms Nursery, LLC reported $19,792 in plan administrative expenses for 2022: 0.60% of average plan assets, above the peer median. Employer contributions averaged $726 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 has held roughly steady near 0.598%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in California (7,952nd of 9,483), and 757th of 945 in agriculture, forestry & fishing. In 2022, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,785,007
Participants with balances118
Active participants240
Employer contributions$174,281
Employee contributions$349,681
Employer contribution per active participant$726
Average account balance$23,602
Benefits paid to participants$1,018,832
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$2.7M · 81 accts · $3K emplr
2022$2.8M · 118 accts · $174K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$19,792
Total administrative$19,792
The Coastal Blooms Nursery, LLC 401(k) match · 2022
Employer contribution per active participant$726
Median for plans this size$1,114
2023$14 per active participant
2022$726 per active participant

Coastal Blooms Nursery, LLC's 2022 employer contribution ran below 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 history2
2023$16,550 · 0.60%
2022$19,792 · 0.60%
Similar plansAgriculture, Forestry & Fishing · California
National Pecan Company CA$2.9M · 0.46%
Wespak, Inc. CA$2.9M · 0.39%
Gourmet Mushrooms, Inc. CA$2.9M · 0.97%
Matsui Nursery, Inc. CA$2.8M · 0.76%
Olam West Coast, Inc. CA$2.7M · 0.40%
Bar 20 Dairy LLC CA$2.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814828820 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.