Plan Ledger DOL Form 5500 · updated monthly

Nature Fresh Farms USA, Inc.401(k)

NATURE FRESH 401(K) PLAN · DELTA, OH · plan year 2023

Reported admin expense ratio · 2023
0.84%

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

Nature Fresh Farms USA, Inc. reported $10,924 in plan administrative expenses for 2023: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $583 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 1 year on file its reported administrative ratio rose from 0.37% to 0.84%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Ohio (3,091st of 3,295), and 836th of 945 in agriculture, forestry & fishing. In 2023, employees put in $2.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,468,745
Participants with balances89
Active participants145
Employer contributions$84,510
Employee contributions$249,978
Employer contribution per active participant$583
Average account balance$16,503
Benefits paid to participants$255,359
Plan auditUnmodified (clean) audit opinion
AuditorMANER COSTERISAN, P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$1.5M · 89 accts · $85K emplr
2022$1.1M · 80 accts · $89K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,924
Total administrative$10,924
The Nature Fresh Farms USA, Inc. 401(k) match · 2023
Employer contribution per active participant$583
Median for plans this size$1,308
2023$583 per active participant
2022$806 per active participant

Nature Fresh Farms USA, Inc.'s 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
CAPITAL GROUP RETIREMENT PLAN SERVI · Recordkeeping · Investment management$2,305
UBS FINANCIAL SERVICES · Pension consulting · Investment advisory (participants)$6,279
PENSION INNOVATIONS & CONSULTING · Accounting / audit · Actuarial$2,340

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

Administrative cost history2
2023$10,924 · 0.84%
2022$3,608 · 0.37%
Same employer
Similar plansAgriculture, Forestry & Fishing · Ohio
Aris Horticulture, Inc. OH$5.5M · 0.01%
The Cottage Gardens, Inc. OH$3.2M · 1.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473252445 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.