Plan Ledger DOL Form 5500 · updated monthly

Larson Dairy, Inc.401(k)

LARSON DAIRY, INC. PROFIT SHARING PLAN AND TRUST · OKEECHOBEE, FL · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Larson Dairy, Inc. reported $44,648 in plan administrative expenses for 2024: 0.66% of average plan assets, above the peer median. Employer contributions averaged $1,081 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 rose from 0.24% to 0.66%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Florida (2,160th of 3,644), and 555th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,005,135
Participants with balances210
Active participants106
Employer contributions$114,597
Employee contributions$180,213
Employer contribution per active participant$1,081
Average account balance$33,358
Benefits paid to participants$355,734
Plan auditUnmodified (clean) audit opinion
AuditorJACOBY AND HANDLEY, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 210 accts · $115K emplr
2023$6.5M · 192 accts · $136K emplr
2022$5.7M · 183 accts · $156K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,648
Total administrative$44,648
The Larson Dairy, Inc. 401(k) match · 2024
Employer contribution per active participant$1,081
Median for plans this size$1,313
2024$1,081 per active participant
2023$1,237 per active participant
2022$1,515 per active participant

Larson Dairy, Inc.'s 2024 employer contribution ran below the $1,313 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
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan) · Contract administrator$20,106

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$44,648 · 0.66%
2023$38,471 · 0.63%
2022$13,289 · 0.24%
Same employer
Similar plansAgriculture, Forestry & Fishing · Florida
Southeast Milk, Inc. FL$8.2M · 0.34%
Gargiulo, Inc. FL$7.3M · 0.75%
I.M.G. Enterprise Inc FL$7.1M · 0.81%
Bethel Farms, Lllp FL$5.6M · 0.89%
B&W Quality Growers, LLC FL$5.3M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591213436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.