Plan Ledger DOL Form 5500 · updated monthly

Lane's End Farm401(k)

W.S. FARISH DBA LANE'S END FARM 401(K) RETIREMENT SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Lane's End Farm reported $2,075 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,475 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 0.024% to 0.018%. 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 2,733rd-largest of 5,688 plans among Texas employers on file, and the 391st of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,469,689
Participants with balances104
Active participants83
Employer contributions$205,387
Employee contributions$436,355
Employer contribution per active participant$2,475
Average account balance$119,901
Benefits paid to participants$521,675
Plan auditUnmodified (clean) audit opinion
AuditorHAM, LANGSTON & BREZINA, L.L.P.
Plan history3
Yearassets · accounts · employer contribution
2024$12.5M · 104 accts · $205K emplr
2023$11.0M · 122 accts · $205K emplr
2022$9.1M · 116 accts · $202K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,075
Total administrative$2,075
The Lane's End Farm 401(k) match · 2024
Employer contribution per active participant$2,475
Median for plans this size$2,416
2024$2,475 per active participant
2023$2,501 per active participant
2022$2,224 per active participant

Lane's End Farm's 2024 employer contribution ran above the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$2,075
UBS FINANCIAL SERVICES INC · Investment advisory (plan)indirect comp

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$2,075 · 0.02%
2023$1,981 · 0.02%
2022$2,361 · 0.02%
Similar plansAgriculture, Forestry & Fishing · Texas
West Gaines Seed, Inc. TX$14.8M · 0.10%
Friona Industries, L.P. TX$14.4M · 0.64%
Riata Management LLC TX$14.3M · 0.42%
Consolidated Citrus Limited TX$11.7M · 0.12%
Ns Brands, LTD TX$10.7M · 0.84%
Treesap Farms, LLC TX$9.4M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741432510 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.