Plan Ledger DOL Form 5500 · updated monthly

May Nursery, Inc.401(k)

MAY NURSERY, INC. 401(K) PROFIT SHARING PLAN · HAVANA, FL · plan year 2022

Reported admin expense ratio · 2022
0.16%

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

May Nursery, Inc. reported $3,314 in plan administrative expenses for 2022: 0.16% of average plan assets, below the peer median. Employer contributions averaged $496 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Florida (3,141st of 3,644), and 813th of 945 in agriculture, forestry & fishing. In 2022, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,872,916
Participants with balances36
Active participants113
Employer contributions$55,994
Employee contributions$89,990
Employer contribution per active participant$496
Average account balance$52,025
Benefits paid to participants$75,487
Plan auditUnmodified (clean) audit opinion
AuditorPIVOT CPA'S
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,714
Investment management$600
Total administrative$3,314
The May Nursery, Inc. 401(k) match · 2022
Employer contribution per active participant$496
Median for plans this size$1,114

May Nursery, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,314 · 0.16%
Similar plansAgriculture, Forestry & Fishing · Florida
Robert C. Hatton, Inc. FL$2.2M · 0.08%
J & J Produce, Inc FL$2.1M · 0.96%
Worldwide Primates, Inc. FL$2.0M · 0.31%
American Farms, LLC FL$1.8M · 1.50%
Esposito Nursery, Inc. FL$1.4M · 3.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590626890 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.