Plan Ledger DOL Form 5500 · updated monthly

Orchard Machinery Corporation401(k)

ORCHARD MACHINERY CORP. 401(K) PLAN · YUBA CITY, CA · plan year 2023

Reported admin expense ratio · 2023
0.32%

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

Orchard Machinery Corporation reported $26,492 in plan administrative expenses for 2023: 0.32% of average plan assets, below the peer median. Employer contributions averaged $1,787 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 has held roughly steady near 0.317%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in California (5,722nd of 9,483), and 479th of 945 in agriculture, forestry & fishing. In 2023, employees put in $1.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,039,224
Participants with balances94
Active participants145
Employer contributions$259,116
Employee contributions$501,717
Employer contribution per active participant$1,787
Average account balance$96,162
Benefits paid to participants$1,277,992
Plan auditUnmodified (clean) audit opinion
AuditorGRANT BENNETT ASSOCIATES
Plan history2
Yearassets · accounts · employer contribution
2023$9.0M · 94 accts · $259K emplr
2022$7.7M · 101 accts · $282K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$22,908
Total administrative$26,492
The Orchard Machinery Corporation 401(k) match · 2023
Employer contribution per active participant$1,787
Median for plans this size$1,308
2023$1,787 per active participant
2022$1,762 per active participant

Orchard Machinery Corporation's 2023 employer contribution ran above the $1,308 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.

Service providers · 20231
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$22,908

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

Administrative cost history2
2023$26,492 · 0.32%
2022$25,872 · 0.32%
Same employer
Similar plansAgriculture, Forestry & Fishing · California
Plant Sciences, Inc. CA$9.9M · 0.84%
Rivermaid Trading Company CA$9.4M · 0.48%
Pitman Farms, Inc. CA$9.4M · 0.49%
Newco Distributors, Inc. CA$9.2M · 0.44%
Sierra Gold Nurseries Inc CA$8.9M · 0.28%
Monterey Pacific, Inc. CA$8.9M · 0.42%
Munger Bros., LLC CA$8.9M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941556631 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.