Plan Ledger DOL Form 5500 · updated monthly

Farmer Boys Food Inc.401(k)

FARMER BOYS 401(K) RETIREMENT PLAN · RIVERSIDE, CA · plan year 2024

Reported admin expense ratio · 2024
1.06%

Farmer Boys Food Inc. reported $11,417 in plan administrative expenses for 2024: 1.06% of average plan assets, higher than ~75% of peers. 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 fell from 1.76% to 1.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in California (8,683rd of 9,483), and 1,633rd of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$1,257,468
Participants with balances219
Active participants226
Employer contributions—
Employee contributions$375,594
Employer contribution per active participant—
Average account balance$5,742
Benefits paid to participants$102,559
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.3M · 219 accts
2023$898K · 209 accts
2022$583K · 206 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,888
Investment management$5,529
Total administrative$11,417
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
ADP, INC. · Loan processing · Recordkeeping$6,065
KESTRA ADVISORY SERVICES · Recordkeeping · Trustee$5,351

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, KESTRA ADVISORY SERVICES
2023ADP

This plan has changed recordkeepers within these filings. If you left Farmer Boys Food Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$11,417 · 1.06%
2023$8,135 · 1.10%
2022$8,312 · 1.76%
Same employer
Similar plansAccommodation & Food Services · California
Colmax LLC CA$1.4M · 1.38%
Megali Souvla, Inc. CA$1.3M · 0.02%
First Light Resorts, LLC CA$1.3M · 0.31%
Nasheve, Inc. CA$1.2M · 1.32%
Rmg Sunset, Inc. CA$1.2M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330761136 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.