Plan Ledger DOL Form 5500 · updated monthly

Gallo Cattle Company dba Joseph Gallo Farms401(k)

JOSEPH GALLO FARMS 401(K) PLAN · ATWATER, CA · plan year 2022

Reported admin expense ratio · 2022
0.41%

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

Gallo Cattle Company dba Joseph Gallo Farms reported $49,416 in plan administrative expenses for 2022: 0.41% of average plan assets, above the peer median. Employer contributions averaged $1,396 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (5,060th of 9,483), and 8,152nd of 13,661 in manufacturing. In 2022, employees put in $2.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,624,000
Participants with balances197
Active participants222
Employer contributions$310,001
Employee contributions$638,020
Employer contribution per active participant$1,396
Average account balance$59,005
Benefits paid to participants$520,492
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$49,416
Total administrative$49,416
The Gallo Cattle Company dba Joseph Gallo Farms 401(k) match · 2022
Employer contribution per active participant$1,396
Median for plans this size$2,266

Gallo Cattle Company dba Joseph Gallo Farms's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$49,416 · 0.41%
Same employer
Similar plansManufacturing · California
Gale Banks Engineering CA$11.6M · 0.26%
Beauty 21 Cosmetics Inc CA$11.6M · 0.06%
Vantage Associates Inc. CA$11.6M · 0.00%
Rock West Composites, Inc. CA$11.6M · 0.19%
Alivecor, Inc. CA$11.6M · 0.03%
Rtc Aerospace CA$11.5M · 0.63%
Tst, Inc CA$11.5M · 0.65%
Foodstate, Inc. CA$11.5M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941352652 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.