Plan Ledger DOL Form 5500 · updated monthly

Legacy Farms Employment Services401(k)

LEGACY FARMS EMPLOYMENT SERVICES COMPANY INC 401K PLAN · ANAHEIM, CA · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Legacy Farms Employment Services reported $15,125 in plan administrative expenses for 2024: 0.53% of average plan assets, above the peer median. Employer contributions averaged $1,360 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 0.67% to 0.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in California (7,723rd of 9,483), and 3,896th of 4,246 in wholesale trade. In 2024, employees put in $2.98 for every $1.00 the employer contributed; active participation has grown from 141 to 178 since 2022.

Plan summary
Net assets, end of year$3,254,115
Participants with balances172
Active participants178
Employer contributions$241,994
Employee contributions$722,223
Employer contribution per active participant$1,360
Average account balance$18,919
Benefits paid to participants$367,192
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 172 accts · $242K emplr
2023$2.4M · 176 accts · $239K emplr
2022$976K · 119 accts · $162K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,125
Total administrative$15,125
The Legacy Farms Employment Services 401(k) match · 2024
Employer contribution per active participant$1,360
Median for plans this size$1,313
2024$1,360 per active participant
2023$1,298 per active participant
2022$1,148 per active participant

Legacy Farms Employment Services's 2024 employer contribution ran above 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$15,124

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$15,125 · 0.53%
2023$9,015 · 0.53%
2022$5,457 · 0.67%
Same employer
Similar plansWholesale Trade · California
Biospace Inc, dba Inbody CA$3.5M · 0.49%
Alpargatas USA, Inc. CA$3.5M · 0.08%
E.C. Group, Inc. CA$3.4M · 0.10%
Menu Maker Foods, Inc. CA$3.2M · 2.02%
Nuface CA$3.2M · 0.68%
La Tourangelle, Inc. CA$3.1M · 0.28%
Todd Pipe and Supply, LLC CA$3.1M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820843792 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.