Plan Ledger DOL Form 5500 · updated monthly

Our Farmlands, LLC401(k)

FARMER BOYS AFFILIATES 401(K) RETIREMENT PLAN · RIVERSIDE, CA · plan year 2024

Reported admin expense ratio · 2024
1.66%

Our Farmlands, LLC reported $7,440 in plan administrative expenses for 2024: 1.66% of average plan assets, above the peer median. 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 2.38% to 1.66%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in California (9,071st of 9,483), and 1,906th of 2,240 in accommodation & food services. active participation has shrunk from 194 to 172 since 2022.

Plan summary
Net assets, end of year$508,926
Participants with balances164
Active participants172
Employer contributions—
Employee contributions$165,932
Employer contribution per active participant—
Average account balance$3,103
Benefits paid to participants$102,610
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$509K · 164 accts
2023$387K · 167 accts
2022$254K · 174 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,196
Investment management$2,244
Total administrative$7,440
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
ADP, INC. · Loan processing · Recordkeeping$5,223

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$7,440 · 1.66%
2023$6,265 · 1.95%
2022$5,225 · 2.38%
Similar plansAccommodation & Food Services · California
Panda Express (Pr), Inc CA$652K · 0.11%
Hennesseys Tavern, Inc. CA$552K · 1.20%
Svih Management LLC CA$487K · 0.90%
Daylight Foods CA$485K · 1.44%
Momo West LLC CA$436K · 1.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203759606 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.