Plan Ledger DOL Form 5500 · updated monthly

Garden of Life LLC401(k)

GARDEN OF LIFE 401(K) PLAN · WEST PALM BEACH, FL · plan year 2023

Reported admin expense ratio · 2023
0.13%

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

Garden of Life LLC reported $35,260 in plan administrative expenses for 2023: 0.13% of average plan assets, below the peer median. Employer contributions averaged $7,852 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 0.15% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 834th-largest of 3,644 plans among Florida employers on file, and the 1,386th of 4,246 in wholesale trade. In 2023, employees put in $1.26 for every $1.00 the employer contributed; active participation has shrunk from 251 to 216 since 2022.

Plan summary
Net assets, end of year$29,288,721
Participants with balances309
Active participants216
Employer contributions$1,695,945
Employee contributions$2,129,158
Employer contribution per active participant$7,852
Average account balance$94,786
Benefits paid to participants$5,064,781
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$29.3M · 309 accts · $1.7M emplr
2022$25.8M · 318 accts · $1.7M emplr
Administrative expenses, itemized · 2023
Investment management$58,099
Total administrative$35,260
The Garden of Life LLC 401(k) match · 2023
Employer contribution per active participant$7,852
Median for plans this size$2,440
2023$7,852 per active participant
2022$6,695 per active participant

Garden of Life LLC's 2023 employer contribution ran above the $2,440 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.

Service providers · 20232
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$58,099
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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
2024Not separately reported
2023$35,260 · 0.13%
2022$40,544 · 0.15%
Similar plansWholesale Trade · Florida
Acr Electronics, Inc. FL$32.6M · 0.12%
Ware Group, LLC FL$31.8M · 0.38%
Sesco Lighting, Inc. FL$29.7M · 0.17%
Wesco Turf, Inc. FL$27.5M · 0.32%
Wetherill Associates, Inc. FL$27.3M · 0.02%
Intradeco, Inc. FL$26.9M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270922527 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.