Plan Ledger DOL Form 5500 · updated monthly

Luckey Farmers, Inc.401(k)

LUCKEY FARMERS, INC. 401(K) PLAN · WOODVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Luckey Farmers, Inc. reported $62,814 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $2,661 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 0.68% to 0.64%. 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 Ohio (1,958th of 3,295), and the 436th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.71 for every $1.00 the employer contributed; active participation has grown from 87 to 136 since 2022.

Plan summary
Net assets, end of year$10,424,980
Participants with balances143
Active participants136
Employer contributions$361,914
Employee contributions$619,239
Employer contribution per active participant$2,661
Average account balance$72,902
Benefits paid to participants$1,640,202
Plan auditUnmodified (clean) audit opinion
AuditorBHM CPA GROUP, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$10.4M · 143 accts · $362K emplr
2023$9.2M · 90 accts · $255K emplr
2022$8.9M · 95 accts · $257K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,952
Investment management$32,862
Total administrative$62,814
The Luckey Farmers, Inc. 401(k) match · 2024
Employer contribution per active participant$2,661
Median for plans this size$1,313
2024$2,661 per active participant
2023$2,800 per active participant
2022$2,949 per active participant

Luckey Farmers, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$28,890
VENTURE VISIONARY PARTNERS LLC · Investment advisory (plan)$32,862

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$62,814 · 0.64%
2023$61,279 · 0.68%
2022$64,335 · 0.68%
Same employer
Similar plansAgriculture, Forestry & Fishing · Ohio
Willoway Nurseries, Inc. OH$16.5M · 0.43%
United Producers, Inc. OH$14.7M · 0.19%
The Motz Corporation OH$13.1M · 0.01%
Wiers Farm, Inc. OH$7.2M · 0.63%
TH2 Connect LLC OH$5.8M · 0.02%
Aris Horticulture, Inc. OH$5.5M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 344292930 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.