Plan Ledger DOL Form 5500 · updated monthly

Danielski Farms, Inc.401(k)

DANIELSKI FARMS, INC. 401(K) PROFIT SHARING PLAN · VALENTINE, NE · plan year 2023

Reported admin expense ratio · 2023
0.88%

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

Danielski Farms, Inc. reported $48,828 in plan administrative expenses for 2023: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $8 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 1 year on file its reported administrative ratio rose from 0.76% to 0.88%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Nebraska (438th of 565), and 583rd of 945 in agriculture, forestry & fishing. In 2023, employees put in $246.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,265,377
Participants with balances126
Active participants286
Employer contributions$2,227
Employee contributions$548,906
Employer contribution per active participant$8
Average account balance$49,725
Benefits paid to participants$112,163
Plan auditUnmodified (clean) audit opinion
AuditorHBE LLP
Plan history2
Yearassets · accounts · employer contribution
2023$6.3M · 126 accts · $2K emplr
2022$4.9M · 119 accts · $141K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$15,921
Investment management$21,807
Audit (IQPA)$11,100
Total administrative$48,828
The Danielski Farms, Inc. 401(k) match · 2023
Employer contribution per active participant$8
Median for plans this size$1,308
2023$8 per active participant
2022$455 per active participant

Danielski Farms, Inc.'s 2023 employer contribution ran below the $1,308 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 · 20233
LINCOLN CAPITAL HOLDINGS · Investment advisory (plan)$21,807
HBE · Accounting / audit$11,100

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

Administrative cost history2
2023$48,828 · 0.88%
2022$40,071 · 0.76%
Similar plansAgriculture, Forestry & Fishing · Nebraska
Trotter, Inc. NE$8.8M · 0.39%
Danielski Farms, Inc. NE$7.0M · 0.65%
Agp Grain Marketing, LLC NE$6.1M · 0.18%
Sandy Pine Systems, Inc. NE$5.5M · 1.18%
Dinklage Feed Yard, Inc. NE$3.9M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463062776 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.