Plan Ledger DOL Form 5500 · updated monthly

Pearl Valley Farms, Inc.401(k)

PEARL VALLEY FARMS, INC. 401(K) PLAN · PEARL CITY, IL · plan year 2023

Reported admin expense ratio · 2023
0.92%

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

Pearl Valley Farms, Inc. reported $16,552 in plan administrative expenses for 2023: 0.92% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,349 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 1 year on file its reported administrative ratio fell from 1.22% to 0.92%. 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 Illinois (3,350th of 3,702), and 800th of 945 in agriculture, forestry & fishing. In 2023, employees put in $1.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,085,995
Participants with balances96
Active participants90
Employer contributions$121,451
Employee contributions$236,651
Employer contribution per active participant$1,349
Average account balance$21,729
Benefits paid to participants$55,980
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$2.1M · 96 accts · $121K emplr
2022$1.5M · 105 accts · $103K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$16,552
Total administrative$16,552
The Pearl Valley Farms, Inc. 401(k) match · 2023
Employer contribution per active participant$1,349
Median for plans this size$1,308
2023$1,349 per active participant
2022$981 per active participant

Pearl Valley Farms, Inc.'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 · 20232
TAG RESOURCES, LLC · Recordkeeping · Loan processing$6,390
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processingindirect comp

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$16,552 · 0.92%
2022$20,266 · 1.22%
Similar plansAgriculture, Forestry & Fishing · Illinois
Pearl City Elevator, Inc. IL$8.2M · 0.50%
Pharmacann Inc IL$7.6M · 3.06%
Midwest Groundcovers, LLC IL$4.1M · 0.02%
Eckert's, Inc. IL$2.2M · 0.26%
Apet, Inc. IL$2.0M · 0.68%
Oakland Manager LLC IL$961K · 0.79%
Labor Solutions, LLC IL$617K · 1.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363544300 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.