Plan Ledger DOL Form 5500 · updated monthly

Nogales Produce, Inc.Profit-sharing plan

NOGALES PRODUCE, INC. PROFIT SHARING PLAN · DALLAS, TX · plan year 2023

Reported admin expense ratio · 2023
2.83%

Nogales Produce, Inc. reported $34,089 in plan administrative expenses for 2023: 2.83% of average plan assets, higher than ~90% of peers. 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 1.44% to 2.83%. 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 Texas (5,177th of 5,688), and 4,118th of 4,246 in wholesale trade. active participation has shrunk from 133 to 47 since 2022.

Plan summary
Net assets, end of year$1,270,832
Participants with balances150
Active participants47
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$8,472
Benefits paid to participants$439
Plan auditUnmodified (clean) audit opinion
AuditorMCCARTHY, ROSE & MILLS, L.L.P.
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$1.3M · 150 accts
2022$1.1M · 143 accts
Administrative expenses, itemized · 2023
Investment management$12,389
Audit (IQPA)$13,500
Total administrative$34,089
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
CRI TPA SERVICES, LLC · Recordkeeping · Accounting / audit$8,200
MCCARTHY, ROSE & MILLS, LLP · Accounting / audit$13,500
REGIONS BANK · Custodial (securities) · Securities brokerage$12,388

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

Recordkeeper by year2
2024CRI TPA SERVICES LLC
2023CRI TPA SERVICES, LLC

This plan has changed recordkeepers within these filings. If you left Nogales Produce, Inc. 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
2024Not separately reported
2023$34,089 · 2.83%
2022$18,756 · 1.44%
Same employer
Similar plansWholesale Trade · Texas
Rowan Cornil, Inc. TX$1.7M · 0.15%
4REFUEL US, LLC TX$1.7M · 2.86%
Goexpedi TX$1.6M · 0.33%
Cordialsa USA Inc TX$986K · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752343725 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.