Plan Ledger DOL Form 5500 · updated monthly

Empire Farm Labor Contractor LLC401(k)

EMPIRE FARM LABOR CONTRACTOR LLC 401(K) PLAN · SALINAS, CA · plan year 2022

Reported admin expense ratio · 2022
0.18%

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

Empire Farm Labor Contractor LLC reported $448 in plan administrative expenses for 2022: 0.18% of average plan assets, lower than ~75% of peers. Employer contributions averaged $136 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in California (9,196th of 9,483), and 922nd of 945 in agriculture, forestry & fishing. In 2022, employees put in $1.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$295,576
Participants with balances18
Active participants273
Employer contributions$37,092
Employee contributions$70,920
Employer contribution per active participant$136
Average account balance$16,421
Plan auditUnmodified (clean) audit opinion
AuditorJOHANSON & YAU ACCOUNTANCY CORP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$448
Total administrative$448
The Empire Farm Labor Contractor LLC 401(k) match · 2022
Employer contribution per active participant$136
Median for plans this size$331

Empire Farm Labor Contractor LLC's 2022 employer contribution ran below the $331 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 history1
2022$448 · 0.18%
Similar plansAgriculture, Forestry & Fishing · California
Delivermd CA$351K · 0.59%
Fiore Management LLC CA$323K · 4.01%
Francis Russell Harris CA$309K · 0.39%
Peters Fruit Farms, Inc. CA$306K · 0.72%
Ramona Dairy CA$272K · 0.98%
Bak Festivals CA$245K · 12.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811484686 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.