Plan Ledger DOL Form 5500 · updated monthly

Meduri Farms, Inc.401(k)

THE MEDURI FARMS, INC. RETIREMENT PLAN · DALLAS, OR · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

Meduri Farms, Inc. reported $89,816 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,647 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 0.88%. 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 among the smaller plans on file in Oregon (531st of 1,021), and 8,491st of 13,661 in manufacturing. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has shrunk from 214 to 192 since 2022.

Plan summary
Net assets, end of year$10,701,535
Participants with balances254
Active participants192
Employer contributions$316,269
Employee contributions$517,624
Employer contribution per active participant$1,647
Average account balance$42,132
Benefits paid to participants$965,186
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.7M · 254 accts · $316K emplr
2023$9.8M · 267 accts · $414K emplr
2022$9.1M · 291 accts · $466K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,478
Investment management$43,338
Total administrative$89,816
The Meduri Farms, Inc. 401(k) match · 2024
Employer contribution per active participant$1,647
Median for plans this size$2,416
2024$1,647 per active participant
2023$1,973 per active participant
2022$2,179 per active participant

Meduri Farms, 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$7,374
ALDRICH WEALTH, LP · Investment advisory (participants)$43,338
PRIME RETIREMENT SOLUTIONS INC · Contract administrator$11,100

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$89,816 · 0.88%
2023$82,393 · 0.87%
2022$97,094 · 0.90%
Same employer
Similar plansManufacturing · Oregon
Cascade Wood Products Inc. OR$10.9M · 0.23%
Ess Tech, Inc OR$10.9M · 0.12%
Phoseon Technology Inc. OR$10.7M · 0.27%
Sheldon Manufacturing, Inc. OR$10.7M · 0.05%
Lanz Cabinet Shop, Inc. OR$10.6M · 0.84%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930864674 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.