Plan Ledger DOL Form 5500 · updated monthly

Mercer Ranches, Inc.401(k)

MERCER RANCHES, INC. 401(K) PROFIT SHARING PLAN · PROSSER, WA · plan year 2023

Reported admin expense ratio · 2023
0.81%

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

Mercer Ranches, Inc. reported $56,731 in plan administrative expenses for 2023: 0.81% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,733 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 1 year on file its reported administrative ratio rose from 0.67% to 0.81%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Washington (1,199th of 1,714), and 534th of 945 in agriculture, forestry & fishing. In 2023, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,577,876
Participants with balances95
Active participants149
Employer contributions$258,162
Employee contributions$476,490
Employer contribution per active participant$1,733
Average account balance$79,767
Benefits paid to participants$478,923
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$7.6M · 95 accts · $258K emplr
2022$6.4M · 116 accts · $242K emplr
Administrative expenses, itemized · 2023
Investment management$56,731
Total administrative$56,731
The Mercer Ranches, Inc. 401(k) match · 2023
Employer contribution per active participant$1,733
Median for plans this size$1,308
2023$1,733 per active participant
2022$1,197 per active participant

Mercer Ranches, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$14,407
M HOLDINGS SECURITIES INC. · Investment advisory (plan)$27,601
HUNNEX & SHOEMAKER · Investment advisory (plan)$3,360

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

Administrative cost history2
2023$56,731 · 0.81%
2022$45,973 · 0.67%
Similar plansAgriculture, Forestry & Fishing · Washington
Legacy Fruit, LLC WA$8.8M · 0.47%
Gee Whiz II, LLC. WA$8.8M · 0.76%
Bleyhl Farm Service, Inc WA$8.8M · 0.38%
Schenk Packing Co., Inc. WA$7.7M · 0.31%
Monson Fruit Co., Inc. WA$6.8M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910689171 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.