Plan Ledger DOL Form 5500 · updated monthly

Mariani Packing Company, Inc.401(k)

MARIANI PACKING COMPANY, INC. PROFIT SHARING 401(K) PLAN · VACAVILLE, CA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Mariani Packing Company, Inc. reported $132,939 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $662 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 3 years on file its reported administrative ratio has held roughly steady near 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,963rd-largest of 9,483 plans among California employers on file, and the 4,932nd of 13,661 in manufacturing. In 2024, employees put in $6.68 for every $1.00 the employer contributed; active participation has shrunk from 500 to 413 since 2022.

Plan summary
Net assets, end of year$26,391,860
Participants with balances462
Active participants413
Employer contributions$273,390
Employee contributions$1,826,651
Employer contribution per active participant$662
Average account balance$57,125
Benefits paid to participants$4,316,190
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.4M · 462 accts · $273K emplr
2023$25.6M · 495 accts · $246K emplr
2022$21.8M · 486 accts · $232K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$132,939
Total administrative$132,939
The Mariani Packing Company, Inc. 401(k) match · 2024
Employer contribution per active participant$662
Median for plans this size$2,416
2024$662 per active participant
2023$556 per active participant
2022$465 per active participant

Mariani Packing Company, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$132,939
RESOURCES INVESTMENT ADVISORS INC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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

Administrative cost history3
2024$132,939 · 0.51%
2023$120,257 · 0.51%
2022$113,304 · 0.49%
Same employer
Similar plansManufacturing · California
Screenbeam Inc. CA$26.9M · 0.04%
Storm Industries, Inc. CA$26.8M · 0.32%
Palecek CA$26.2M · 0.29%
Psiquantum Corp. CA$26.2M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942830833 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.