Plan Ledger DOL Form 5500 · updated monthly

Orchid Island Juice Company401(k)

ORCHID ISLAND JUICE COMPANY 401(K) PROFIT SHARING PLAN & TRUST · FORT PIERCE, FL · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Orchid Island Juice Company reported $27,010 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $1,752 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 0.71% to 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (2,359th of 3,644), and 10,804th of 13,661 in manufacturing. In 2024, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,782,256
Participants with balances137
Active participants223
Employer contributions$390,634
Employee contributions$742,388
Employer contribution per active participant$1,752
Average account balance$42,206
Benefits paid to participants$1,064,210
Plan auditUnmodified (clean) audit opinion
AuditorJACOBY AND HANDLEY, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 137 accts · $391K emplr
2023$5.0M · 136 accts · $367K emplr
2022$3.5M · 174 accts · $298K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,005
Investment management$12,005
Total administrative$27,010
The Orchid Island Juice Company 401(k) match · 2024
Employer contribution per active participant$1,752
Median for plans this size$1,313
2024$1,752 per active participant
2023$1,562 per active participant
2022$1,285 per active participant

Orchid Island Juice Company's 2024 employer contribution ran above 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 · 20244
ADVUS FINANCIAL PARTNERS LLC · Investment advisory (plan)$7,002
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$5,003
PAYROLL INTEGRATIONS INC · Contract administrator$1,500

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

Administrative cost history3
2024$27,010 · 0.50%
2023$15,917 · 0.37%
2022$25,836 · 0.71%
Same employer
Similar plansManufacturing · Florida
A & N Corporation FL$6.2M · 0.07%
Rybovich Boat Company LLC FL$5.8M · 0.34%
Osgood Industries, LLC FL$5.4M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593026924 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.