Plan Ledger DOL Form 5500 · updated monthly

La Specialty Produce Co.401(k)

VESTA FOOD SERVICE 401(K) PLAN AND TRUST · SANTA FE SPRINGS, CA · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

La Specialty Produce Co. reported $108,413 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $1,203 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 0.43% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,770th-largest of 9,483 plans among California employers on file, and the 4,627th of 13,661 in manufacturing. In 2024, employees put in $1.81 for every $1.00 the employer contributed; active participation has grown from 511 to 708 since 2022.

Plan summary
Net assets, end of year$28,770,374
Participants with balances377
Active participants708
Employer contributions$851,789
Employee contributions$1,544,131
Employer contribution per active participant$1,203
Average account balance$76,314
Benefits paid to participants$1,479,610
Plan auditUnmodified (clean) audit opinion
AuditorWILSON IVANOVA CPAS, INC., APAC
Plan history3
Yearassets · accounts · employer contribution
2024$28.8M · 377 accts · $852K emplr
2023$24.4M · 353 accts · $756K emplr
2022$20.0M · 348 accts · $748K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,064
Investment management$54,349
Total administrative$108,413
The La Specialty Produce Co. 401(k) match · 2024
Employer contribution per active participant$1,203
Median for plans this size$2,416
2024$1,203 per active participant
2023$1,100 per active participant
2022$1,464 per active participant

La Specialty Produce Co.'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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$54,062
PENSIONMARK FINANCIAL GROUP, LLC · Investment advisory (plan)$54,349

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$108,413 · 0.41%
2023$102,935 · 0.46%
2022$93,287 · 0.43%
Same employer
Similar plansManufacturing · California
Stangenes Industries, Inc. CA$28.9M · 0.46%
K&N Engineering, Inc. CA$28.9M · 0.49%
Eikon Therapeutics, Inc. CA$28.9M · 0.02%
Kti Inc. CA$28.8M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953973599 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.