Plan Ledger DOL Form 5500 · updated monthly

Karoun Dairies, LLC401(k)

LACTALIS DAIRY USA 401(K) PLAN · SAN FERNANDO, CA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Karoun Dairies, LLC reported $231,998 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $5,697 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 fell from 0.18% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 654th-largest of 9,483 plans among California employers on file, and the 1,335th of 13,661 in manufacturing. In 2024, employees put in $1.13 for every $1.00 the employer contributed; active participation has grown from 1,447 to 1,752 since 2022.

Plan summary
Net assets, end of year$163,766,174
Participants with balances1,881
Active participants1,752
Employer contributions$9,980,902
Employee contributions$11,315,258
Employer contribution per active participant$5,697
Average account balance$87,063
Benefits paid to participants$8,421,845
Plan auditUnmodified (clean) audit opinion
AuditorTHE BONADIO GROUP, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$163.8M · 1,881 accts · $10.0M emplr
2023$128.3M · 1,759 accts · $8.4M emplr
2022$98.2M · 1,488 accts · $7.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$181,436
Investment management$50,562
Total administrative$231,998
The Karoun Dairies, LLC 401(k) match · 2024
Employer contribution per active participant$5,697
Median for plans this size$3,635
2024$5,697 per active participant
2023$5,223 per active participant
2022$5,011 per active participant

Karoun Dairies, LLC's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
JOHN HANCOCK RETIREMENT PLAN SRVCS · Recordkeeping · Loan processing$219,698
ALERA INVESTMENTS · Investment advisory (plan)$12,301

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$231,998 · 0.16%
2023$185,314 · 0.16%
2022$150,082 · 0.18%
Similar plansManufacturing · California
Rehrig Pacific Company CA$171.1M · 0.04%
Aspire Bakeries LLC CA$168.2M · 0.17%
Blue Diamond Growers CA$162.0M · 0.12%
Amy's Kitchen, Inc. CA$161.3M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954343064 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.