Plan Ledger DOL Form 5500 · updated monthly

Munger Bros., LLC401(k)

MUNGER BROS., LLC 401(K) PLAN · DELANO, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Munger Bros., LLC reported $3,360 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,545 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 fell from 0.09% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in California (5,774th of 9,483), and 486th of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,872,604
Participants with balances201
Active participants223
Employer contributions$344,567
Employee contributions$728,206
Employer contribution per active participant$1,545
Average account balance$44,142
Benefits paid to participants$711,769
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 201 accts · $345K emplr
2023$7.6M · 192 accts · $351K emplr
2022$7.2M · 210 accts · $408K emplr
Administrative expenses, itemized · 2024
Investment management$3,360
Total administrative$3,360
The Munger Bros., LLC 401(k) match · 2024
Employer contribution per active participant$1,545
Median for plans this size$1,313
2024$1,545 per active participant
2023$1,432 per active participant
2022$1,897 per active participant

Munger Bros., LLC's 2024 employer contribution ran above the $1,313 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$72,261
HICKS PENSION SERVICES · Contract administrator$4,042

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$3,360 · 0.04%
2023$6,912 · 0.09%
2022$6,426 · 0.09%
Same employer
Similar plansAgriculture, Forestry & Fishing · California
Sierra Gold Nurseries Inc CA$8.9M · 0.28%
Monterey Pacific, Inc. CA$8.9M · 0.42%
Hollandia Dairy, Inc. CA$8.8M · 0.19%
Boskovich Farms, Inc. CA$8.7M · 0.64%
Bee Sweet Citrus, Inc. CA$8.3M · 1.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830382898 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.