Plan Ledger DOL Form 5500 · updated monthly

Pacific International Vegetable Marketing, Inc.401(k)

PACIFIC INTERNATIONAL VEGETABLE MARKETING, INC. 401(K) PROFIT SHARING PLAN · SALINAS, CA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Pacific International Vegetable Marketing, Inc. reported $74,301 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $4,257 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 rose from 0.37% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 3,863rd-largest of 9,483 plans among California employers on file, and the 2,047th of 4,246 in wholesale trade. In 2024, employees put in $2.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,263,402
Participants with balances98
Active participants86
Employer contributions$366,129
Employee contributions$827,101
Employer contribution per active participant$4,257
Average account balance$186,361
Benefits paid to participants$812,843
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.3M · 98 accts · $366K emplr
2023$16.0M · 104 accts · $346K emplr
2022$15.3M · 104 accts · $316K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,310
Investment management$60,491
Audit (IQPA)$11,500
Total administrative$74,301
The Pacific International Vegetable Marketing, Inc. 401(k) match · 2024
Employer contribution per active participant$4,257
Median for plans this size$2,416
2024$4,257 per active participant
2023$3,839 per active participant
2022$3,469 per active participant

Pacific International Vegetable Marketing, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 · 20243
BUCKINGHAM ASSET MANAGMENT, LLC · Investment advisory (participants) · Investment advisory (plan)$33,580
AXOS ADVISOR SERVICES · Investment management$26,911
BIANCHI, KASAVAN, & POPE, LLP · Accounting / audit$11,500

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$74,301 · 0.43%
2023$66,723 · 0.43%
2022$59,595 · 0.37%
Same employer
Similar plansWholesale Trade · California
Saxco International, LLC CA$18.6M · 0.18%
Robert Kaufman Co., Inc. CA$18.4M · 0.36%
Ifs Acquisition LLC CA$18.4M · 0.53%
Matagrano, Inc. CA$18.4M · 0.29%
Calico Brands, Inc. CA$18.0M · 0.47%
Pacific Cheese Co., Inc. CA$17.9M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860624509 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.