Plan Ledger DOL Form 5500 · updated monthly

Modern Mushroom Farms, Inc.401(k)

MODERN MUSHROOM FARMS, INC. 401(K) PROFIT SHARING PLAN & TRUST · TOUGHKENAMON, PA · plan year 2022

Reported admin expense ratio · 2022
1.48%

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

Modern Mushroom Farms, Inc. reported $24,655 in plan administrative expenses for 2022: 1.48% of average plan assets, higher than ~90% of peers. Employer contributions averaged $50 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 30,021 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Pennsylvania (3,430th of 3,651), and 834th of 945 in agriculture, forestry & fishing. In 2022, employees put in $19.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,549,359
Participants with balances53
Active participants139
Employer contributions$6,885
Employee contributions$134,633
Employer contribution per active participant$50
Average account balance$29,233
Benefits paid to participants$155,446
Plan auditUnmodified (clean) audit opinion
AuditorBARBACANE, THORNTON & COMPANY L
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$24,655
Total administrative$24,655
The Modern Mushroom Farms, Inc. 401(k) match · 2022
Employer contribution per active participant$50
Median for plans this size$1,114

Modern Mushroom Farms, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$24,655 · 1.48%
Same employer
Similar plansAgriculture, Forestry & Fishing · Pennsylvania
Star Medical, Inc. PA$2.2M · 0.61%
Coleman Agriculture, Inc. OR$1.6M · 0.98%
Fondomonte Arizona, LLC AZ$1.6M · 0.97%
Ve Peo, LLC CA$1.6M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231728609 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.