Plan Ledger DOL Form 5500 · updated monthly

Elk Hill Farm, Inc401(k)

ELK HILL FARM, INC 401(K) RETIREMENT PLAN · GOOCHLAND, VA · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Elk Hill Farm, Inc reported $34,090 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $1,301 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 0.59% to 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Virginia (1,765th of 2,266), and 7,515th of 11,911 in health care & social assistance. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has grown from 145 to 164 since 2022.

Plan summary
Net assets, end of year$5,709,298
Participants with balances189
Active participants164
Employer contributions$213,293
Employee contributions$398,690
Employer contribution per active participant$1,301
Average account balance$30,208
Benefits paid to participants$498,982
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 189 accts · $213K emplr
2023$4.9M · 187 accts · $179K emplr
2022$5.0M · 169 accts · $167K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,090
Total administrative$34,090
The Elk Hill Farm, Inc 401(k) match · 2024
Employer contribution per active participant$1,301
Median for plans this size$1,313
2024$1,301 per active participant
2023$1,107 per active participant
2022$1,151 per active participant

Elk Hill Farm, Inc's 2024 employer contribution ran below the $1,313 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
ADP, INC. · Loan processing · Recordkeeping$34,090

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$34,090 · 0.64%
2023$30,826 · 0.63%
2022$31,884 · 0.59%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Capital Healthcare, PC VA$5.9M · 1.33%
Cornerstones, Inc. VA$5.4M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237071154 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.