Plan Ledger DOL Form 5500 · updated monthly

Military Produce Group LLC401(k)

MILITARY PRODUCE GROUP LLC 401(K) PROFIT SHARING PLAN & TRUST · VIRGINIA BEACH, VA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Military Produce Group LLC reported $27,029 in plan administrative expenses for 2024: 0.34% of average plan assets, below the peer median. Employer contributions averaged $598 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 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Virginia (1,602nd of 2,266), and 3,047th of 5,215 in retail trade. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,978,135
Participants with balances110
Active participants170
Employer contributions$101,658
Employee contributions$182,625
Employer contribution per active participant$598
Average account balance$72,529
Benefits paid to participants$62,267
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,321
Investment management$708
Total administrative$27,029
The Military Produce Group LLC 401(k) match · 2024
Employer contribution per active participant$598
Median for plans this size$1,313

Military Produce Group LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ERISA FIDUCIARY SERVICES, INC. · Contract administrator$5,600
PENSION ASSURANCE LLP$18,900

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

Administrative cost history1
2024$27,029 · 0.34%
Same employer
Similar plansRetail Trade · Virginia
Vta, LLC VA$9.1M · 0.46%
Suttle Motor Corporation VA$6.5M · 0.42%
Sabmd LLC VA$6.3M · 0.28%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 753158361 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.