Plan Ledger DOL Form 5500 · updated monthly

Liberty Fruit Company, Inc.401(k)

LIBERTY FRUIT COMPANY, INC. 401(K) PLAN · KANSAS CITY, KS · plan year 2022

Reported admin expense ratio · 2022
0.91%

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

Liberty Fruit Company, Inc. reported $59,318 in plan administrative expenses for 2022: 0.91% of average plan assets, higher than ~75% of peers. Employer contributions averaged $616 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 1 year on file its reported administrative ratio rose from 0.91% to 2.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Kansas (608th of 828), and 3,469th of 4,246 in wholesale trade. In 2022, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,214,397
Participants with balances231
Active participants216
Employer contributions$133,153
Employee contributions$215,084
Employer contribution per active participant$616
Average account balance$26,902
Benefits paid to participants$1,582,261
Plan auditUnmodified (clean) audit opinion
AuditorPICKETT, CHANEY MCMUELLEN, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$133
2022$6.2M · 231 accts · $133K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$59,318
Total administrative$59,318
The Liberty Fruit Company, Inc. 401(k) match · 2022
Employer contribution per active participant$616
Median for plans this size$1,114

Liberty Fruit Company, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$71,099 · 2.29%
2022$59,318 · 0.91%
Same employer
Similar plansWholesale Trade · Kansas
Lang Diesel, Inc, KS$8.1M · 0.46%
Hub, Inc. KS$7.0M · 0.51%
Redwood Trading, LLC KS$6.5M · 0.55%
Blish-Mize Co. KS$5.3M · 0.43%
Craneworks, Inc. KS$4.3M · 0.24%
Cz-Usa KS$4.0M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431018523 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.