Plan Ledger DOL Form 5500 · updated monthly

Lad Irrigation Company, Inc.ESOP

LAD IRRIGATION COMPANY EMPLOYEE STOCK OWNERSHIP PLAN · MOSES LAKE, WA · plan year 2024

Employer contribution per participant · 2024
$8,513

Lad Irrigation Company, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $15,000,029 across 169 participant accounts, with employer contributions averaging $8,513 per active participant. See methodology for what Form 5500 does and doesn't capture.

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 848th-largest of 1,714 plans among Washington employers on file, and the 326th of 945 in agriculture, forestry & fishing.

Plan summary
Net assets, end of year$15,000,029
Participants with balances169
Active participants104
Employer contributions$885,315
Employee contributions—
Employer contribution per active participant$8,513
Average account balance$88,758
Benefits paid to participants$885,315
Plan auditUnmodified (clean) audit opinion
AuditorMJCO, LLC
Plan history2
Yearassets · accounts · employer contribution
2024$15.0M · 169 accts · $885K emplr
2023$13.8M · 151 accts · $692K emplr
Employer contributions to the Lad Irrigation Company, Inc. plan · 2024
Employer contribution per active participant$8,513
Median for plans this size$2,416
2024$8,513 per active participant
2023$6,994 per active participant

Lad Irrigation Company, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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.

Administrative cost history2
2024Not separately reported
2023Not separately reported
All plans at this employer2
LAD IRRIGATION COMPANY, INC. 401K PROFIT SHARING PLAN401(k)
LAD IRRIGATION COMPANY EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 910819829 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.