Plan Ledger DOL Form 5500 · updated monthly

Mountain F. Enterprises, Inc.401(k)

MOUNTAIN F. ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN · FOLSOM, CA · plan year 2024

Reported admin expense ratio · 2024
1.20%

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

Mountain F. Enterprises, Inc. reported $144,003 in plan administrative expenses for 2024: 1.20% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,905 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 2 years on file its reported administrative ratio rose from 1.10% to 1.20%. 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 4,662nd-largest of 9,483 plans among California employers on file, and the 367th of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,509,592
Participants with balances224
Active participants323
Employer contributions$615,216
Employee contributions$1,311,162
Employer contribution per active participant$1,905
Average account balance$60,311
Benefits paid to participants$526,570
Plan auditUnmodified (clean) audit opinion
AuditorBFBA, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 224 accts · $615K emplr
2023$10.6M · 235 accts · $625K emplr
2022$8.0M · 236 accts · $683K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$100,712
Investment management$43,291
Total administrative$144,003
The Mountain F. Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$1,905
Median for plans this size$2,416
2024$1,905 per active participant
2023$2,140 per active participant
2022$1,936 per active participant

Mountain F. Enterprises, Inc.'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 · 20242
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping$1,770
RAYMOND JAMES PSA INC · Investment advisory (participants)$43,291

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$144,003 · 1.20%
2023$99,077 · 1.07%
2022$85,106 · 1.10%
Same employer
Similar plansAgriculture, Forestry & Fishing · California
Vino Farms, LLC CA$14.3M · 0.53%
Britz, Inc. CA$14.0M · 0.02%
Mann Packing Co., Inc. CA$13.6M · 0.67%
V. Sangiacomo & Sons CA$12.8M · 0.64%
Huneeus Vintners LLC CA$12.8M · 0.00%
Foothill Packing, Inc. CA$12.6M · 1.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680567596 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.