Plan Ledger DOL Form 5500 · updated monthly

Naturipe Berry Growers401(k)

NATURIPE BERRY GROWERS 401(K) PROFIT SHARING PLAN & TRUST · SALINAS, CA · plan year 2023

Reported admin expense ratio · 2023
0.63%

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

Naturipe Berry Growers reported $61,883 in plan administrative expenses for 2023: 0.63% of average plan assets, above the peer median. Employer contributions averaged $2,614 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 0.44% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in California (5,348th of 9,483), and 2,862nd of 4,246 in wholesale trade. In 2023, employees put in $2.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,368,433
Participants with balances129
Active participants75
Employer contributions$196,069
Employee contributions$479,843
Employer contribution per active participant$2,614
Average account balance$80,375
Benefits paid to participants$692,784
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 89 accts · $212K emplr
2023$10.4M · 129 accts · $196K emplr
2022$9.2M · 110 accts · $194K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$32,830
Investment management$28,653
Trustee / custodial$400
Total administrative$61,883
The Naturipe Berry Growers 401(k) match · 2023
Employer contribution per active participant$2,614
Median for plans this size$1,308
2024$3,648 per active participant
2023$2,614 per active participant
2022$2,592 per active participant

Naturipe Berry Growers's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
MERRILL LYNCH, PIERCE, FENNER · Contract administrator · Investment advisory (plan)$28,653
401K GENERATION · Contract administrator · Investment advisory (plan)$19,084
PAYCHEX, INC. · Contract administrator · Investment advisory (plan)$13,747

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

Recordkeeper by year2
2024Paychex
2023401K GENERATION, Bank of America / Merrill, Paychex

This plan has changed recordkeepers within these filings. If you left Naturipe Berry Growers before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$56,239 · 0.56%
2023$61,883 · 0.63%
2022$41,956 · 0.44%
Similar plansWholesale Trade · California
Pch International USA, Inc. CA$10.7M · 0.21%
Packaging Matters, LLC CA$10.4M · 0.63%
Wpg Americas, Inc. CA$10.2M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205701910 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.