Plan Ledger DOL Form 5500 · updated monthly

Mann Packing Co., Inc.401(k)

MANN PACKING CO. UFCW LOCAL 1096 401(K) SAVINGS PLAN · GONZALES, CA · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Mann Packing Co., Inc. reported $88,779 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,576 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 0.45% to 0.67%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 4,647th-largest of 9,483 plans among California employers on file, and the 364th of 945 in agriculture, forestry & fishing. In 2024, the employer put in $1.43 for every $1.00 employees contributed themselves; active participation has shrunk from 367 to 296 since 2022.

Plan summary
Net assets, end of year$13,622,993
Participants with balances946
Active participants296
Employer contributions$466,495
Employee contributions$326,573
Employer contribution per active participant$1,576
Average account balance$14,401
Benefits paid to participants$1,428,197
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 946 accts · $466K emplr
2023$12.9M · 1,047 accts · $554K emplr
2022$11.6M · 981 accts · $538K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$88,779
Total administrative$88,779
The Mann Packing Co., Inc. 401(k) match · 2024
Employer contribution per active participant$1,576
Median for plans this size$2,416
2024$1,576 per active participant
2023$1,522 per active participant
2022$1,465 per active participant

Mann Packing Co., Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$80,333
THE BENEFIT PRACTICE · Recordkeeping · Loan processing$10,938
BANK OF AMERICA NA · Investment advisory (plan)$126

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 BENEFIT PRACTICE, Transamerica
2023THE BENEFIT PRACTICE, Transamerica

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

Administrative cost history3
2024$88,779 · 0.67%
2023$65,575 · 0.53%
2022$57,614 · 0.45%
Similar plansAgriculture, Forestry & Fishing · California
Vino Farms, LLC CA$14.3M · 0.53%
Britz, Inc. CA$14.0M · 0.02%
V. Sangiacomo & Sons CA$12.8M · 0.64%
Huneeus Vintners LLC CA$12.8M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942176045 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.