Plan Ledger DOL Form 5500 · updated monthly

Lt Foods Americas, Inc, a California Corporation401(k)

LTFA 401(K) PLAN · CYPRESS, CA · plan year 2022

Reported admin expense ratio · 2022
0.71%

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

Lt Foods Americas, Inc, a California Corporation reported $30,091 in plan administrative expenses for 2022: 0.71% of average plan assets, above the peer median. Employer contributions averaged $1,689 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in California (7,337th of 9,483), and 680th of 945 in agriculture, forestry & fishing. In 2022, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,127,845
Participants with balances87
Active participants134
Employer contributions$226,271
Employee contributions$503,082
Employer contribution per active participant$1,689
Average account balance$47,446
Benefits paid to participants$113,833
Plan auditUnmodified (clean) audit opinion
The Lt Foods Americas, Inc, a California Corporation 401(k) match · 2022
Employer contribution per active participant$1,689
Median for plans this size$1,114

Lt Foods Americas, Inc, a California Corporation's 2022 employer contribution ran above 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 history1
2022$30,091 · 0.71%
Same employer
Similar plansAgriculture, Forestry & Fishing · California
Hilltop Ranch, Inc. CA$4.5M · 0.87%
Tos Farms, Inc. CA$4.5M · 0.75%
Franklin Logging Inc CA$4.2M · 0.62%
Fisher Ranch, LLC CA$4.0M · 0.14%
Select Harvest USA, LLC CA$4.0M · 0.94%
Hog Island Oyster Company CA$3.9M · 0.22%
Plug Connection, LLC CA$3.8M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330525788 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.