Plan Ledger DOL Form 5500 · updated monthly

Enfield Farms, Inc.401(k)

ENFIELD FARMS, INC. 401(K) PROFIT SHARING PLAN AND TRUST · LYNDEN, WA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Enfield Farms, Inc. reported $15,016 in plan administrative expenses for 2024: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,430 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 4 years on file its reported administrative ratio rose from 0.01% to 0.15%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Washington (1,067th of 1,714), and the 446th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.36 for every $1.00 the employer contributed; active participation has grown from 122 to 213 since 2020.

Plan summary
Net assets, end of year$10,100,354
Participants with balances160
Active participants213
Employer contributions$304,688
Employee contributions$415,762
Employer contribution per active participant$1,430
Average account balance$63,127
Benefits paid to participants$1,105,306
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$10.1M · 160 accts · $305K emplr
2023$9.3M · 162 accts · $295K emplr
2022$7.6M · 161 accts · $286K emplr
2020$7.7M · 111 accts · $417K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,016
Total administrative$15,016
The Enfield Farms, Inc. 401(k) match · 2024
Employer contribution per active participant$1,430
Median for plans this size$1,313
2024$1,430 per active participant
2023$1,377 per active participant
2022$1,671 per active participant
2020$3,418 per active participant

Enfield Farms, Inc.'s 2024 employer contribution ran above 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
ASCENSUS LLC · Recordkeeping$15,016

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history4
2024$15,016 · 0.15%
2023$11,041 · 0.13%
2022$527 · 0.01%
2020$453 · 0.01%
Same employer
Similar plansAgriculture, Forestry & Fishing · Washington
Smith Gardens, Inc. WA$13.1M · 0.61%
Firstfruits Holdco, LLC WA$10.8M · 0.13%
Matson Fruit Company WA$9.6M · 0.79%
Legacy Fruit, LLC WA$8.8M · 0.47%
Gee Whiz II, LLC. WA$8.8M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911193530 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.