Plan Ledger DOL Form 5500 · updated monthly

Peace River Citrus Products, Inc.401(k)

PEACE RIVER CITRUS PRODUCTS, INC. 401(K) PROFIT SHARING PLAN & TRUST · ARCADIA, FL · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Peace River Citrus Products, Inc. reported $64,883 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $4,425 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 0.18% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 422nd-largest of 3,644 plans among Florida employers on file, and the 2,436th of 13,661 in manufacturing. In 2024, the employer put in $1.06 for every $1.00 employees contributed themselves; active participation has grown from 399 to 516 since 2022.

Plan summary
Net assets, end of year$71,348,718
Participants with balances553
Active participants516
Employer contributions$2,283,163
Employee contributions$2,164,085
Employer contribution per active participant$4,425
Average account balance$129,021
Benefits paid to participants$6,605,666
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$71.3M · 553 accts · $2.3M emplr
2023$64.6M · 462 accts · $2.0M emplr
2022$55.1M · 462 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,883
Investment management$45,000
Total administrative$64,883
The Peace River Citrus Products, Inc. 401(k) match · 2024
Employer contribution per active participant$4,425
Median for plans this size$3,635
2024$4,425 per active participant
2023$4,861 per active participant
2022$5,336 per active participant

Peace River Citrus Products, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$45,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$19,883

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$64,883 · 0.10%
2023$60,785 · 0.10%
2022$111,544 · 0.18%
Same employer
Similar plansManufacturing · Florida
Harrell's, LLC FL$74.7M · 0.23%
Mac Papers, LLC FL$71.8M · 0.55%
Exactech, Inc. FL$70.0M · 0.23%
Redwire Holdings, LLC FL$65.4M · 0.03%
Noven Pharmaceuticals, Inc. FL$61.8M · 0.13%
Trividia Health, Inc. FL$59.4M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650262599 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.