Plan Ledger DOL Form 5500 · updated monthly

Farmers Investment Co.401(k)

FARMERS INVESTMENT CO. 401(K) SAVINGS PLAN AND TRUST · SAHUARITA, AZ · plan year 2024

Reported admin expense ratio · 2024
1.00%

Farmers Investment Co. reported $52,006 in plan administrative expenses for 2024: 1.00% 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 rose from 0.35% to 1.00%. 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 Arizona (807th of 1,285), and 626th of 945 in agriculture, forestry & fishing. active participation has shrunk from 151 to 129 since 2022.

Plan summary
Net assets, end of year$5,364,055
Participants with balances166
Active participants129
Employer contributions—
Employee contributions$277,104
Employer contribution per active participant—
Average account balance$32,314
Benefits paid to participants$513,954
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 166 accts
2023$5.1M · 221 accts
2022$5.2M · 236 accts · $197K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,430
Investment management$15,576
Total administrative$52,006
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
CBIZ INVESTMENT ADVISORY SERVICES L · Investment advisory (plan)$15,576

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$52,006 · 1.00%
2023$27,468 · 0.53%
2022$20,167 · 0.35%
Same employer
Similar plansAgriculture, Forestry & Fishing · Arizona
Hickmans Egg Ranch, Inc. AZ$11.8M · 0.49%
Pasquinelli Produce Co. AZ$10.3M · 1.05%
Duncan Family Farms, LLC AZ$8.8M · 0.45%
Sender, Inc. AZ$4.6M · 0.37%
Datepac, LLC AZ$4.1M · 0.81%
Shamrock Farms Company AZ$2.4M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860090323 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.