Plan Ledger DOL Form 5500 · updated monthly

Naturipe Farms, LLC.401(k)

NATURIPE FARMS 401(K) PLAN · ESTERO, FL · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Naturipe Farms, LLC. reported $64,509 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $4,541 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 0.30% to 0.28%. 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 939th-largest of 3,644 plans among Florida employers on file, and the 195th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,148,917
Participants with balances185
Active participants158
Employer contributions$717,423
Employee contributions$1,251,174
Employer contribution per active participant$4,541
Average account balance$135,940
Benefits paid to participants$1,222,482
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.1M · 185 accts · $717K emplr
2023$20.9M · 168 accts · $637K emplr
2022$17.7M · 165 accts · $597K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,406
Investment management$45,945
Total administrative$64,509
The Naturipe Farms, LLC. 401(k) match · 2024
Employer contribution per active participant$4,541
Median for plans this size$2,416
2024$4,541 per active participant
2023$4,138 per active participant
2022$4,114 per active participant

Naturipe Farms, LLC.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
NEWPORT GROUP, INC. · Recordkeeping · Trustee$17,406
DAHER CAPITAL GROUP, LLC · Investment advisory (plan)$45,945
PENSION PLANNERS INC$1,158

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$64,509 · 0.28%
2023$55,228 · 0.29%
2022$55,619 · 0.30%
Same employer
Similar plansAgriculture, Forestry & Fishing · Florida
Ben Hill Griffin, Inc. FL$34.3M · 0.30%
Barron Collier Partnership FL$33.3M · 0.02%
Lfc Enterprises LLC FL$27.9M · 0.36%
Wedgworth Farms Inc FL$24.6M · 0.06%
Bernard Egan & Company FL$23.8M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593664178 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.