Plan Ledger DOL Form 5500 · updated monthly

Metrolina Greenhouses, Inc.401(k)

METROLINA GREENHOUSES, INC. PROFIT SHARING PLAN · HUNTERSVILLE, NC · plan year 2025

Reported admin expense ratio · 2025
0.19%

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

Metrolina Greenhouses, Inc. reported $150,432 in plan administrative expenses for 2025: 0.19% of average plan assets, above the peer median. Employer contributions averaged $5,051 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 fell from 0.26% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 241st-largest of 2,005 plans among North Carolina employers on file, and the 58th of 945 in agriculture, forestry & fishing. In 2025, the employer put in $1.50 for every $1.00 employees contributed themselves; active participation has grown from 603 to 667 since 2022.

Plan summary
Net assets, end of year$82,981,962
Participants with balances809
Active participants667
Employer contributions$3,369,300
Employee contributions$2,249,971
Employer contribution per active participant$5,051
Average account balance$102,574
Benefits paid to participants$6,367,721
Plan auditUnmodified (clean) audit opinion
AuditorGREER WALKER
Plan history4
Yearassets · accounts · employer contribution
2025$83.0M · 809 accts · $3.4M emplr
2024$72.9M · 801 accts · $2.9M emplr
2023$63.3M · 721 accts · $2.5M emplr
2022$53.3M · 725 accts · $2.3M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$138,397
Investment management$12,035
Total administrative$150,432
The Metrolina Greenhouses, Inc. 401(k) match · 2025
Employer contribution per active participant$5,051
Median for plans this size$4,093
2025$5,051 per active participant
2024$4,214 per active participant
2023$3,968 per active participant
2022$3,879 per active participant

Metrolina Greenhouses, Inc.'s 2025 employer contribution ran above the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping · Investment management$150,431
WOODBURY FINANCIAL SERVICES · Investment advisory (plan)indirect comp

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

Recordkeeper by year3
2025John Hancock
2024John Hancock
2023John Hancock

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

Administrative cost history4
2025$150,432 · 0.19%
2024$170,488 · 0.25%
2023$144,187 · 0.25%
2022$153,228 · 0.26%
Same employer
Similar plansAgriculture, Forestry & Fishing · North Carolina
Prestage Farms, Inc. NC$96.8M · 0.34%
Taconic Biosciences, Inc. NY$85.6M · 0.19%
Bailey Nurseries, Inc. MN$84.1M · 0.11%
Citrus World, Inc. FL$83.5M · 0.32%
Savatree, LLC NY$81.5M · 0.31%
Zirkle Fruit Company WA$81.2M · 0.33%
Fluence Energy, LLC VA$80.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561158337 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.