Plan Ledger DOL Form 5500 · updated monthly

Mendocino Farms, LLC401(k)

MENDOCINO FARMS SANDWICH MARKET 401(K) PLAN · EL SEGUNDO, CA · plan year 2022

Reported admin expense ratio · 2022
1.22%

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

Mendocino Farms, LLC reported $9,458 in plan administrative expenses for 2022: 1.22% of average plan assets, above the peer median. Employer contributions averaged $427 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in California (8,797th of 9,483), and 1,710th of 2,240 in accommodation & food services. In 2022, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,068,646
Participants with balances85
Active participants522
Employer contributions$222,751
Employee contributions$460,017
Employer contribution per active participant$427
Average account balance$12,572
Benefits paid to participants$64,636
Plan auditUnmodified (clean) audit opinion
AuditorMANSPERGER PATTERSON & MCMULLIN,PLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,458
Total administrative$9,458
The Mendocino Farms, LLC 401(k) match · 2022
Employer contribution per active participant$427
Median for plans this size$331

Mendocino Farms, LLC's 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$9,458 · 1.22%
Same employer
Similar plansAccommodation & Food Services · California
Sushi Nozawa, LLC CA$1.2M · 0.16%
Sea Eagle, LP CA$1.1M · 1.91%
Pouring With Heart, LLC CA$1.1M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800380354 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.