Plan Ledger DOL Form 5500 · updated monthly

Kaolin Mushroom Farms, Inc.401(k)

KAOLIN MUSHROOM FARMS, INC. 401(K) RETIREMENT PLAN · KENNETT SQUARE, PA · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Kaolin Mushroom Farms, Inc. reported $105,659 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,167 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 3 years on file its reported administrative ratio has held roughly steady near 0.65%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 1,627th-largest of 3,651 plans among Pennsylvania employers on file, and the 273rd of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,161,725
Participants with balances456
Active participants529
Employer contributions$617,360
Employee contributions$1,555,095
Employer contribution per active participant$1,167
Average account balance$39,828
Benefits paid to participants$992,224
Plan auditUnmodified (clean) audit opinion
AuditorWHISMAN GIORDANO & ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$18.2M · 456 accts · $617K emplr
2023$14.1M · 408 accts · $703K emplr
2022$11.9M · 415 accts · $587K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,327
Investment management$48,332
Total administrative$105,659
The Kaolin Mushroom Farms, Inc. 401(k) match · 2024
Employer contribution per active participant$1,167
Median for plans this size$2,416
2024$1,167 per active participant
2023$1,347 per active participant
2022$1,129 per active participant

Kaolin Mushroom Farms, Inc.'s 2024 employer contribution ran below the $2,416 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
VALLEY FORGE INVESTMENT CONSULTANTS · Investment advisory (plan)$48,332

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$105,659 · 0.65%
2023$83,074 · 0.64%
2022$69,223 · 0.63%
Same employer
Similar plansAgriculture, Forestry & Fishing · Pennsylvania
Farmer Boy AG, Inc. PA$23.9M · 0.36%
R.W. Sauder, Inc. PA$22.6M · 0.33%
Premier Select Sires, Inc. PA$21.0M · 0.25%
Ardent Federal Credit Union PA$14.4M · 0.27%
Sterman Masser, Inc. PA$13.4M · 0.61%
Agrofresh Inc. PA$12.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231612227 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.