Plan Ledger DOL Form 5500 · updated monthly

Morada Produce Company, L.P.401(k)

MORADA PRODUCE, LP 401(K) PROFIT SHARING PLAN · STOCKTON, CA · plan year 2022

Reported admin expense ratio · 2022
1.10%

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

Morada Produce Company, L.P. reported $27,616 in plan administrative expenses for 2022: 1.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,230 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 California (8,092nd of 9,483), and 776th of 945 in agriculture, forestry & fishing. In 2022, the employer put in $1.16 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,474,614
Participants with balances74
Active participants173
Employer contributions$212,707
Employee contributions$183,990
Employer contribution per active participant$1,230
Average account balance$33,441
Benefits paid to participants$66,098
Plan auditUnmodified (clean) audit opinion
AuditorSCHWARTZ GIANNINI AND LANTSBERGER
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$27,616
Total administrative$27,616
The Morada Produce Company, L.P. 401(k) match · 2022
Employer contribution per active participant$1,230
Median for plans this size$1,114

Morada Produce Company, L.P.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$27,616 · 1.10%
Similar plansAgriculture, Forestry & Fishing · California
Matsui Nursery, Inc. CA$2.8M · 0.76%
Olam West Coast, Inc. CA$2.7M · 0.40%
Bar 20 Dairy LLC CA$2.5M · 0.04%
Egg Rock Holdings, LLC CA$2.5M · 1.04%
Illume Agriculture, LLC CA$2.2M · 1.01%
Csp Labs, Inc. CA$2.1M · 1.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510415654 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.