Plan Ledger DOL Form 5500 · updated monthly

Native Seed, LP401(k)

NATIVE SEED, LP 401(K) PLAN · LEHI, UT · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Native Seed, LP reported $54,294 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,684 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 among the smaller plans on file in Utah (430th of 848), and the 415th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,253,339
Participants with balances134
Active participants181
Employer contributions$304,858
Employee contributions$587,790
Employer contribution per active participant$1,684
Average account balance$83,980
Benefits paid to participants$354,273
Plan auditUnmodified (clean) audit opinion
AuditorG&S CERTIFIED PUBLIC ACCOUNTANTS.PC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,001
Investment management$39,258
Total administrative$54,294
The Native Seed, LP 401(k) match · 2024
Employer contribution per active participant$1,684
Median for plans this size$2,416

Native Seed, LP'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 · 20246
CANNON CAPITAL MANAGEMENT INC · Investment advisory (plan)$20,126
EMPOWER ADVISORY GROUP, LLC · Investment management$19,132
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage$25

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$54,294 · 0.54%
Same employer
Similar plansAgriculture, Forestry & Fishing · Utah
Fassio Egg Farms, Inc. UT$12.3M · 0.09%
Holt Farms, LLC UT$7.0M · 0.12%
True Leaf LLC UT$2.0M · 1.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 862096378 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.