Norcal Harvesting, LLC401(k)
NORCAL HARVESTING, LLC 401(K) PLAN · SALINAS, CA · plan year 2024
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Norcal Harvesting, LLC reported $6,142 in plan administrative expenses for 2024: 1.02% of average plan assets, above the peer median. Employer contributions averaged $55 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 0.36% to 1.02%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in California (8,975th of 9,483), and 891st of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.19 for every $1.00 the employer contributed; active participation has grown from 916 to 1,080 since 2022.
Norcal Harvesting, LLC's 2024 employer contribution ran below the $540 median for plans its size, in the bottom 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 770506140 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.