Plan Ledger DOL Form 5500 · updated monthly

North American Plants, Inc.401(k)

NORTH AMERICAN PLANTS, INC. 401(K) PLAN · LAFAYETTE, OR · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

North American Plants, Inc. reported $13,498 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,248 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 0.25% to 0.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Oregon (746th of 1,021), and 631st of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,228,088
Participants with balances150
Active participants174
Employer contributions$217,217
Employee contributions$408,489
Employer contribution per active participant$1,248
Average account balance$34,854
Benefits paid to participants$478,359
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 150 accts · $217K emplr
2023$4.5M · 213 accts · $217K emplr
2022$3.6M · 203 accts · $222K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,498
Total administrative$13,498
The North American Plants, Inc. 401(k) match · 2024
Employer contribution per active participant$1,248
Median for plans this size$1,313
2024$1,248 per active participant
2023$1,302 per active participant
2022$1,209 per active participant

North American Plants, Inc.'s 2024 employer contribution ran below the $1,313 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.

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 · 20241
AMERITAS LIFE INSURANCE CORP. · Recordkeeping$13,498

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

Recordkeeper by year2
2024Ameritas
2023Ameritas

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Administrative cost history3
2024$13,498 · 0.28%
2023$11,558 · 0.29%
2022$9,325 · 0.25%
Same employer
Similar plansAgriculture, Forestry & Fishing · Oregon
Croman Corporation OR$8.4M · 0.90%
Kraemer's Nursery, Inc. OR$8.2M · 0.50%
George Packing Co Inc OR$5.9M · 0.57%
Eshraghi Nurseries, LLC OR$3.7M · 0.53%
Jsh Farms, Inc. OR$2.2M · 0.03%
A & R Spada Farms, LLC OR$2.1M · 1.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272280833 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.