Plan Ledger DOL Form 5500 · updated monthly

Oakland Nursery, Inc.401(k)

OAKLAND NURSERY, INC. EMPLOYEE 401K RETIREMENT PLAN · COLUMBUS, OH · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Oakland Nursery, Inc. reported $2,923 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,479 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 0.012% to 0.009%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 1,042nd-largest of 3,295 plans among Ohio employers on file, and the 178th of 945 in agriculture, forestry & fishing. In 2023, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,374,844
Participants with balances309
Active participants330
Employer contributions$488,126
Employee contributions$994,027
Employer contribution per active participant$1,479
Average account balance$88,592
Benefits paid to participants$822,957
Plan auditUnmodified (clean) audit opinion
AuditorWHALEN & CO., CPA
Plan history3
Yearassets · accounts · employer contribution
2024$26.8M · 359 accts · $508K emplr
2023$27.4M · 309 accts · $488K emplr
2022$22.5M · 302 accts · $482K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,923
Total administrative$2,923
The Oakland Nursery, Inc. 401(k) match · 2023
Employer contribution per active participant$1,479
Median for plans this size$2,440
2024$1,358 per active participant
2023$1,479 per active participant
2022$1,423 per active participant

Oakland Nursery, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$2,520 · 0.01%
2023$2,923 · 0.01%
2022$2,970 · 0.01%
Same employer
Similar plansAgriculture, Forestry & Fishing · Ohio
Cooper Hatchery, Inc. OH$129.9M · 0.28%
Bfg Supply Co., LLC OH$40.9M · 0.46%
Green Circle Growers, Inc. OH$37.1M · 0.44%
Select Sires, Inc. OH$36.5M · 0.25%
Lanco, Inc. OH$25.0M · 0.25%
Koenig Equipment, Inc. OH$20.3M · 0.46%
Coba/Select Sires, Inc. OH$18.6M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310860843 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.