Plan Ledger DOL Form 5500 · updated monthly

Kitchen Pride Mushroom Farms, Inc.401(k)

KITCHEN PRIDE MUSHROOM FARMS, INC. 401(K) PROFIT SHARING PLAN · GONZALES, TX · plan year 2023

Reported admin expense ratio · 2023
1.00%

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

Kitchen Pride Mushroom Farms, Inc. reported $42,972 in plan administrative expenses for 2023: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $618 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 0.98%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Texas (4,199th of 5,688), and 666th of 945 in agriculture, forestry & fishing. In 2023, employees put in $2.77 for every $1.00 the employer contributed; active participation has shrunk from 155 to 125 since 2022.

Plan summary
Net assets, end of year$4,484,027
Participants with balances234
Active participants125
Employer contributions$77,237
Employee contributions$213,634
Employer contribution per active participant$618
Average account balance$19,163
Benefits paid to participants$445,801
Plan auditUnmodified (clean) audit opinion
AuditorHARPER AND PEARSON COMPANY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$4.4M · 217 accts · $72K emplr
2023$4.5M · 234 accts · $77K emplr
2022$4.1M · 237 accts · $96K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$42,972
Total administrative$42,972
The Kitchen Pride Mushroom Farms, Inc. 401(k) match · 2023
Employer contribution per active participant$618
Median for plans this size$1,308
2024$584 per active participant
2023$618 per active participant
2022$620 per active participant

Kitchen Pride Mushroom Farms, Inc.'s 2023 employer contribution ran below the $1,308 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 · 20231
JOHN HANCOCK USA · Recordkeeping · Investment management$926

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

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Administrative cost history3
2024$43,504 · 0.98%
2023$42,972 · 1.00%
2022$51,222 · 0.96%
Same employer
Similar plansAgriculture, Forestry & Fishing · Texas
Mercy Ships TX$9.3M · 0.82%
Stx Beef Company TX$4.7M · 1.01%
Cg Nation, LLC TX$3.2M · 0.18%
Calloways Nursery, Inc. TX$3.0M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742391926 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.