Plan Ledger DOL Form 5500 · updated monthly

Dundee Citrus Growers Association401(k)

DUNDEE CITRUS GROWERS ASSOCIATION SAVINGS PLAN · DUNDEE, FL · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Dundee Citrus Growers Association reported $80,042 in plan administrative expenses for 2024: 0.74% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,204 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 0.74%. 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 1,635th-largest of 3,644 plans among Florida employers on file, and the 412th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,470,446
Participants with balances104
Active participants87
Employer contributions$278,773
Employee contributions$305,814
Employer contribution per active participant$3,204
Average account balance$110,293
Benefits paid to participants$489,938
Plan auditUnmodified (clean) audit opinion
AuditorDEAROLF & MERENESS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 104 accts · $279K emplr
2023$10.3M · 107 accts · $278K emplr
2022$8.9M · 108 accts · $314K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,708
Investment management$47,334
Total administrative$80,042
The Dundee Citrus Growers Association 401(k) match · 2024
Employer contribution per active participant$3,204
Median for plans this size$2,416
2024$3,204 per active participant
2023$2,924 per active participant
2022$3,341 per active participant

Dundee Citrus Growers Association's 2024 employer contribution ran above 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 · 20242
STADION MONEY MANAGEMENT · Investment advisory (participants)$47,334
LINCOLN NATIONAL CORPORATION · Contract administrator$32,708

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$80,042 · 0.74%
2023$68,638 · 0.72%
2022$71,858 · 0.72%
Similar plansAgriculture, Forestry & Fishing · Florida
Lykes Bros. Inc. FL$15.3M · 0.26%
Village Farms, L.P. FL$12.8M · 0.61%
Brooks Tropicals, LLC FL$11.5M · 0.86%
Woerner Management, Inc. FL$10.8M · 0.27%
Southeast Milk, Inc. FL$8.2M · 0.34%
Gargiulo, Inc. FL$7.3M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590226060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.