Plan Ledger DOL Form 5500 · updated monthly

Marshall Farms Group LTD401(k)

MARSHALL FARMS GROUP LTD 401(K) PROFIT SHARING PLAN · NORTH ROSE, NY · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Marshall Farms Group LTD reported $147,071 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $9,524 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 0.205%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 1,012th-largest of 5,648 plans among New York employers on file, and the 66th of 945 in agriculture, forestry & fishing. In 2024, the employer put in $1.77 for every $1.00 employees contributed themselves; active participation has shrunk from 259 to 226 since 2022.

Plan summary
Net assets, end of year$74,391,764
Participants with balances335
Active participants226
Employer contributions$2,152,411
Employee contributions$1,214,855
Employer contribution per active participant$9,524
Average account balance$222,065
Benefits paid to participants$7,216,708
Plan auditUnmodified (clean) audit opinion
AuditorMENGEL/ METZGER/ BARR & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$74.4M · 335 accts · $2.2M emplr
2023$69.0M · 361 accts · $2.8M emplr
2022$59.4M · 349 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,499
Investment management$137,572
Total administrative$147,071
The Marshall Farms Group LTD 401(k) match · 2024
Employer contribution per active participant$9,524
Median for plans this size$3,635
2024$9,524 per active participant
2023$10,154 per active participant
2022$6,577 per active participant

Marshall Farms Group LTD's 2024 employer contribution ran above the $3,635 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
MORGAN STANLEY · Investment advisory (plan)$137,572
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$9,499

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$147,071 · 0.21%
2023$130,351 · 0.20%
2022$132,109 · 0.21%
Same employer
Similar plansAgriculture, Forestry & Fishing · New York
Lewis Tree Service, Inc. NY$353.6M · 0.01%
Taconic Biosciences, Inc. NY$85.6M · 0.19%
Savatree, LLC NY$81.5M · 0.31%
American Kennel Club NY$73.1M · 0.29%
The Jockey Club NY$45.7M · 0.19%
Dairy One Cooperative, Inc. NY$38.9M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160887304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.