Plan Ledger DOL Form 5500 · updated monthly

Fondomonte Arizona, LLC401(k)

FONDOMONTE HOLDINGS NORTH AMERICA 401(K) PLAN · GOODYEAR, AZ · plan year 2024

Reported admin expense ratio · 2024
0.97%

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

Fondomonte Arizona, LLC reported $13,669 in plan administrative expenses for 2024: 0.97% of average plan assets, higher than ~75% of peers. Employer contributions averaged $460 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 2 years on file its reported administrative ratio fell from 1.14% to 0.97%. 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 (1,102nd of 1,285), and 832nd of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,574,206
Participants with balances101
Active participants249
Employer contributions$114,455
Employee contributions$255,368
Employer contribution per active participant$460
Average account balance$15,586
Benefits paid to participants$171,632
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.6M · 101 accts · $114K emplr
2023$1.2M · 106 accts · $97K emplr
2022$873K · 106 accts · $174K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,437
Investment management$433
Total administrative$13,669
The Fondomonte Arizona, LLC 401(k) match · 2024
Employer contribution per active participant$460
Median for plans this size$1,313
2024$460 per active participant
2023$356 per active participant
2022$704 per active participant

Fondomonte Arizona, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
INTEGRATED FINANCIAL SOLUTIONS, PLLindirect comp

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$13,669 · 0.97%
2023$16,773 · 1.58%
2022$9,090 · 1.14%
Similar plansAgriculture, Forestry & Fishing · Arizona
Datepac, LLC AZ$4.1M · 0.81%
Shamrock Farms Company AZ$2.4M · 0.48%
Gtm Arizona, LLC AZ$1.7M · 1.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463719054 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.