Plan Ledger DOL Form 5500 · updated monthly

Ingram Farms, Inc.401(k)

INGRAM FARMS 401(K) PLAN · CULLMAN, AL · plan year 2022

Reported admin expense ratio · 2022
0.04%

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

Ingram Farms, Inc. reported $1,250 in plan administrative expenses for 2022: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 Alabama (757th of 902), and 765th of 945 in agriculture, forestry & fishing.

Plan summary
Net assets, end of year$2,669,484
Participants with balances66
Active participants119
Employer contributions$0
Employee contributions$118,300
Employer contribution per active participant$0
Average account balance$40,447
Benefits paid to participants$211,807
Plan auditUnmodified (clean) audit opinion
AuditorKASSOUF & CO., PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,250
Total administrative$1,250
The Ingram Farms, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Ingram Farms, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,250 · 0.04%
Similar plansAgriculture, Forestry & Fishing · Alabama
Flowerwood Nursery, Inc. AL$14.6M · 0.66%
Tjc Mortgage, Inc. AL$11.1M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 631106798 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.