Plan Ledger DOL Form 5500 · updated monthly

Monrovia Nursery Company401(k)

MONROVIA NURSERY 401(K) RETIREMENT PLAN · AZUSA, CA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Monrovia Nursery Company reported $132,607 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $1,394 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 has held roughly steady near 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 1,923rd-largest of 9,483 plans among California employers on file, and the 106th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has shrunk from 1,130 to 997 since 2022.

Plan summary
Net assets, end of year$45,008,311
Participants with balances1,142
Active participants997
Employer contributions$1,390,164
Employee contributions$2,583,825
Employer contribution per active participant$1,394
Average account balance$39,412
Benefits paid to participants$6,996,480
Plan auditUnmodified (clean) audit opinion
AuditorMILLER, KAPLAN, ARASE & CO.,, L
Plan history3
Yearassets · accounts · employer contribution
2024$45.0M · 1,142 accts · $1.4M emplr
2023$42.9M · 1,493 accts · $1.6M emplr
2022$37.0M · 1,403 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,099
Investment management$26,402
Audit (IQPA)$13,700
Total administrative$132,607
The Monrovia Nursery Company 401(k) match · 2024
Employer contribution per active participant$1,394
Median for plans this size$2,416
2024$1,394 per active participant
2023$1,423 per active participant
2022$1,403 per active participant

Monrovia Nursery Company's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
SAGEVIEW ADVISORY GROUP, LLC$40,000
EMPOWER ADVISORY GROUP, LLC · Investment management$26,402
MILLER, KAPLAN, ARASE LLP · Accounting / audit$13,700
FRPF LLP$1,406

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

Administrative cost history3
2024$132,607 · 0.30%
2023$122,258 · 0.31%
2022$117,930 · 0.29%
Same employer
Similar plansAgriculture, Forestry & Fishing · California
The Nunes Company CA$62.2M · 0.14%
Big Creek Lumber Company CA$49.2M · 0.05%
Monterey Mushrooms, LLC CA$38.1M · 0.31%
Harris Farms, Inc. CA$36.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951550929 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.