Plan Ledger DOL Form 5500 · updated monthly

Grimmway Enterprises, Inc.401(k)

GRIMMWAY ENTERPRISES 401(K) PLAN · ARVIN, CA · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Grimmway Enterprises, Inc. reported $293,877 in plan administrative expenses for 2024: 0.44% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,275 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 rose from 0.38% to 0.44%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 1,247th-largest of 9,483 plans among California employers on file, and the 65th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.93 for every $1.00 the employer contributed; active participation has grown from 706 to 2,297 since 2022.

Plan summary
Net assets, end of year$75,998,117
Participants with balances1,125
Active participants2,297
Employer contributions$2,927,948
Employee contributions$5,643,156
Employer contribution per active participant$1,275
Average account balance$67,554
Benefits paid to participants$7,170,912
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$76.0M · 1,125 accts · $2.9M emplr
2023$58.7M · 535 accts · $1.2M emplr
2022$49.6M · 558 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$293,877
Total administrative$293,877
The Grimmway Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$1,275
Median for plans this size$3,635
2024$1,275 per active participant
2023$514 per active participant
2022$1,704 per active participant

Grimmway Enterprises, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$199,197
MORGAN STANLEY - ADVISORY FEE BILLI · Consulting$94,679

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$293,877 · 0.44%
2023$214,206 · 0.40%
2022$214,541 · 0.38%
All plans at this employer2
GRIMMWAY ENTERPRISES 401(K) PLAN401(k)
GRIMMWAY ENTERPRISES, INC. 401(K) PLAN FOR HOURLY EMPLOYEES401(k)
Same employer
Similar plansAgriculture, Forestry & Fishing · California
Morning Star Company CA$90.6M · 0.11%
Wm. Bolthouse Farms, Inc. CA$89.0M · 0.29%
Sakata Seed America, Inc. CA$76.9M · 0.10%
J. G. Boswell Company CA$72.9M · 0.23%
Pacific Coast Producers CA$63.1M · 0.09%
The Nunes Company CA$62.2M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 770325482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.