Hord Farms West LLP401(k)
HORD FARMS WEST LLP 401(K) RETIREMENT PLAN · PIPESTONE, MN · plan year 2022
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Hord Farms West LLP reported $21,445 in plan administrative expenses for 2022: 0.29% of average plan assets, below the peer median. Employer contributions averaged $1,648 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 0.29% to 0.33%. 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 Minnesota (1,458th of 1,918), and 561st of 945 in agriculture, forestry & fishing. In 2022, employees put in $1.41 for every $1.00 the employer contributed.
Hord Farms West LLP's 2022 employer contribution ran above the $1,114 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 043693741 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.