Plan Ledger DOL Form 5500 · updated monthly

Harrell's Nursery, Inc.401(k)

HARRELL'S NURSERY, INC. 401(K) PROFIT SHARING PLAN · PLANT CITY, FL · plan year 2022

Reported admin expense ratio · 2022
1.50%

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

Harrell's Nursery, Inc. reported $44,802 in plan administrative expenses for 2022: 1.50% of average plan assets, higher than ~90% of peers. Employer contributions averaged $715 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Florida (2,920th of 3,644), and 755th of 945 in agriculture, forestry & fishing. In 2022, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,846,278
Participants with balances32
Active participants140
Employer contributions$100,154
Employee contributions$183,128
Employer contribution per active participant$715
Average account balance$88,946
Benefits paid to participants$29,830
Plan auditUnmodified (clean) audit opinion
AuditorRUSHTON, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,230
Investment management$42,572
Total administrative$44,802
The Harrell's Nursery, Inc. 401(k) match · 2022
Employer contribution per active participant$715
Median for plans this size$1,114

Harrell's Nursery, Inc.'s 2022 employer contribution ran below the $1,114 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$44,802 · 1.50%
Similar plansAgriculture, Forestry & Fishing · Florida
Speedling, Inc. FL$3.9M · 0.86%
Brantley Nurseries FL$3.1M · 0.45%
Freshfields Farm, Inc. FL$2.6M · 0.07%
Robert C. Hatton, Inc. FL$2.2M · 0.08%
J & J Produce, Inc FL$2.1M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592565708 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.