Plan Ledger DOL Form 5500 · updated monthly

Farmgirl Flowers Inc.401(k)

FARMGIRL FLOWERS 401(K) PLAN · EL GRANADA, CA · plan year 2023

Reported admin expense ratio · 2023
0.40%

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

Farmgirl Flowers Inc. reported $3,454 in plan administrative expenses for 2023: 0.40% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,394 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 1 year on file its reported administrative ratio fell from 0.80% to 0.40%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (8,817th of 9,483), and 4,954th of 5,215 in retail trade. In 2023, the employer put in $1.56 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,035,328
Participants with balances192
Active participants154
Employer contributions$214,731
Employee contributions$138,003
Employer contribution per active participant$1,394
Average account balance$5,392
Benefits paid to participants$166,070
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$1.0M · 192 accts · $215K emplr
2022$679K · 165 accts · $17K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,766
Investment management$688
Total administrative$3,454
The Farmgirl Flowers Inc. 401(k) match · 2023
Employer contribution per active participant$1,394
Median for plans this size$522
2023$1,394 per active participant
2022$290 per active participant

Farmgirl Flowers Inc.'s 2023 employer contribution ran above the $522 median for plans its size, placing it in the top quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$3,454 · 0.40%
2022$4,458 · 0.80%
Similar plansRetail Trade · California
Marketon, Inc. CA$1.2M · 0.90%
Orange Coast Infiniti CA$1.1M · 0.31%
Win Chevrolet Inc CA$1.1M · 0.01%
La Reina Markets LLC CA$1.1M · 1.83%
Good Earth Natural Foods CA$1.0M · 1.46%
Skin Specialty Solutions CA$1.0M · 1.32%
Bakhtiari Corporation CA$971K · 1.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273466535 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.