Plan Ledger DOL Form 5500 · updated monthly

Oak View Farms, L.L.C.401(k)

OAK VIEW FARMS, L.L.C. 401(K) PLAN · LAWLER, IA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Oak View Farms, L.L.C. reported $7,795 in plan administrative expenses for 2024: 0.18% of average plan assets, lower than ~75% of peers. Employer contributions averaged $933 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 fell from 0.29% to 0.18%. 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 Iowa (701st of 878), and 642nd of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.63 for every $1.00 the employer contributed; active participation has grown from 237 to 321 since 2022.

Plan summary
Net assets, end of year$4,935,624
Participants with balances267
Active participants321
Employer contributions$299,359
Employee contributions$489,282
Employer contribution per active participant$933
Average account balance$18,485
Benefits paid to participants$189,439
Plan auditUnmodified (clean) audit opinion
AuditorHACKER NELSON & CO., CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 267 accts · $299K emplr
2023$3.7M · 248 accts · $268K emplr
2022$2.5M · 217 accts · $234K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,225
Total administrative$7,795
The Oak View Farms, L.L.C. 401(k) match · 2024
Employer contribution per active participant$933
Median for plans this size$1,313
2024$933 per active participant
2023$958 per active participant
2022$986 per active participant

Oak View Farms, L.L.C.'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.

Administrative cost history3
2024$7,795 · 0.18%
2023$19,676 · 0.63%
2022$7,625 · 0.29%
Same employer
Similar plansAgriculture, Forestry & Fishing · Iowa
Country Landscapes, Inc. IA$9.4M · 0.55%
Eichelberger Farms, Inc. IA$8.1M · 0.56%
Farmers Co-Op Association IA$5.3M · 0.45%
Farmers Edge Inc. IA$3.5M · 1.20%
Brenneman Pork, Lllp IA$1.1M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391895496 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.