Plan Ledger DOL Form 5500 · updated monthly

Harris Farms, Inc.401(k)

HARRIS FARMS SAVINGS AND INVESTMENT PLAN · COALINGA, CA · plan year 2023

Reported admin expense ratio · 2023
0.02%

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

Harris Farms, Inc. reported $5,919 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $255 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 0.01% to 0.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 2,285th-largest of 9,483 plans among California employers on file, and the 129th of 945 in agriculture, forestry & fishing. In 2023, employees put in $2.53 for every $1.00 the employer contributed; active participation has shrunk from 1,993 to 1,782 since 2022.

Plan summary
Net assets, end of year$36,787,857
Participants with balances964
Active participants1,782
Employer contributions$454,815
Employee contributions$1,150,540
Employer contribution per active participant$255
Average account balance$38,162
Benefits paid to participants$4,748,637
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.8M · 846 accts · $697K emplr
2023$36.8M · 964 accts · $455K emplr
2022$33.7M · 982 accts · $408K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,150
Investment management$769
Total administrative$5,919
The Harris Farms, Inc. 401(k) match · 2023
Employer contribution per active participant$255
Median for plans this size$2,440
2024$576 per active participant
2023$255 per active participant
2022$205 per active participant

Harris Farms, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$6,469
CHARLES SCHWAB & CO., INC · Securities brokerage$375
CHARLES SCHWAB TRUST BANK · Trustee (directed)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$51,295 · 0.14%
2023$5,919 · 0.02%
2022$4,210 · 0.01%
Same employer
Similar plansAgriculture, Forestry & Fishing · California
Monrovia Nursery Company CA$45.0M · 0.30%
Monterey Mushrooms, LLC CA$38.1M · 0.31%
Valley Fresh Foods, Inc. CA$32.9M · 0.25%
Mariani Nut Company Inc. CA$30.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941272509 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.