Plan Ledger DOL Form 5500 · updated monthly

Morrow County Grain Growers, Inc.401(k)

MORROW COUNTY GRAIN GROWERS, INC. SSP · LEXINGTON, OR · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Morrow County Grain Growers, Inc. reported $47,528 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $8,402 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 495th-largest of 1,021 plans among Oregon employers on file, and the 401st of 945 in agriculture, forestry & fishing. In 2024, the employer put in $1.32 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$11,971,277
Participants with balances98
Active participants66
Employer contributions$554,542
Employee contributions$421,543
Employer contribution per active participant$8,402
Average account balance$122,156
Benefits paid to participants$1,948,243
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,691
Investment management$30,837
Total administrative$47,528
The Morrow County Grain Growers, Inc. 401(k) match · 2024
Employer contribution per active participant$8,402
Median for plans this size$2,416

Morrow County Grain Growers, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20244
MORNINGSTAR · Investment advisory (plan)$20,478
RESOURCES INVESTMENT ADVISORS. · Investment advisory (plan)$10,359
ASCENSUS LLC · Securities brokerage$10,124
UNITED OF OMAHA · Loan processing$6,566

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$47,528 · 0.40%
Similar plansAgriculture, Forestry & Fishing · Oregon
Smith Seed Services, LLC OR$15.8M · 0.32%
Beef Northwest Feeders LLC OR$15.2M · 0.67%
J. Frank Schmidt & Son Co. OR$13.7M · 0.42%
Summitt Enterprises Inc OR$11.6M · 0.01%
Grayback Forestry, Inc. OR$8.8M · 0.97%
Croman Corporation OR$8.4M · 0.90%
Kraemer's Nursery, Inc. OR$8.2M · 0.50%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 930230800 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.