Plan Ledger DOL Form 5500 · updated monthly

Neil Bassetti Farms401(k)

NEIL BASSETTI FARMS PROFIT SHARING PLAN AND TRUST · GREENFIELD, CA · plan year 2022

Reported admin expense ratio · 2022
0.06%

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

Neil Bassetti Farms reported $4,074 in plan administrative expenses for 2022: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,973 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in California (6,393rd of 9,483), and 565th of 945 in agriculture, forestry & fishing. In 2022, the employer put in $1.06 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$6,820,684
Participants with balances89
Active participants111
Employer contributions$219,000
Employee contributions$205,987
Employer contribution per active participant$1,973
Average account balance$76,637
Benefits paid to participants$100,917
Plan auditUnmodified (clean) audit opinion
AuditorCUTTONE & MASTRO, CPA
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,074
Total administrative$4,074
The Neil Bassetti Farms 401(k) match · 2022
Employer contribution per active participant$1,973
Median for plans this size$1,114

Neil Bassetti Farms's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$4,074 · 0.06%
Similar plansAgriculture, Forestry & Fishing · California
Four Star Management, LLC CA$7.5M · 0.84%
Greenheart Farms, Inc. CA$7.2M · 0.41%
Lmr Services LLC CA$7.0M · 0.52%
Sunridge Nurseries, Inc. CA$6.8M · 0.61%
Villa Park Orchards CA$6.6M · 0.64%
Norman's Nursery, Inc. CA$6.6M · 0.04%
Tasteful Selections, LLC CA$6.6M · 0.67%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 770015294 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.