Plan Ledger DOL Form 5500 · updated monthly

Marburger Farm Dairy, Inc.401(k)

MARBURGER FARM DAIRY, INC. 401K PROFIT SHARING PLAN · EVANS CITY, PA · plan year 2023

Reported admin expense ratio · 2023
1.34%

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

Marburger Farm Dairy, Inc. reported $40,738 in plan administrative expenses for 2023: 1.34% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,062 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 1.74% to 1.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Pennsylvania (3,139th of 3,651), and 725th of 945 in agriculture, forestry & fishing. In 2023, the employer put in $5.50 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,257,462
Participants with balances170
Active participants97
Employer contributions$200,000
Employee contributions$36,396
Employer contribution per active participant$2,062
Average account balance$19,162
Benefits paid to participants$210,902
Plan auditUnmodified (clean) audit opinion
AuditorHERBEIN & COMPANY, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$3.2M · 119 accts · $200K emplr
2023$3.3M · 170 accts · $200K emplr
2022$2.8M · 171 accts · $200K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$40,738
Total administrative$40,738
The Marburger Farm Dairy, Inc. 401(k) match · 2023
Employer contribution per active participant$2,062
Median for plans this size$1,308
2024$2,020 per active participant
2023$2,062 per active participant
2022$2,151 per active participant

Marburger Farm Dairy, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$33,705 · 1.04%
2023$40,738 · 1.34%
2022$51,020 · 1.74%
Similar plansAgriculture, Forestry & Fishing · Pennsylvania
Jaindl Farms, LLC PA$5.8M · 0.44%
To-Jo Mushrooms, Inc. PA$5.0M · 0.56%
Hendrix-Isa, LLC PA$3.8M · 0.92%
Star Medical, Inc. PA$2.2M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251059548 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.