Plan Ledger DOL Form 5500 · updated monthly

Peri & Sons Farms, Inc.401(k)

PERI & SONS FARMS, INC. 401(K) PS PLAN 002 · YERINGTON, NV · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Peri & Sons Farms, Inc. reported $157,251 in plan administrative expenses for 2024: 0.70% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,318 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 0.02% to 0.70%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 111th-largest of 437 plans among Nevada employers on file, and the 203rd of 945 in agriculture, forestry & fishing. In 2024, the employer put in $1.14 for every $1.00 employees contributed themselves; active participation has grown from 218 to 415 since 2022.

Plan summary
Net assets, end of year$24,123,027
Participants with balances275
Active participants415
Employer contributions$1,376,934
Employee contributions$1,211,607
Employer contribution per active participant$3,318
Average account balance$87,720
Benefits paid to participants$1,421,118
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.1M · 275 accts · $1.4M emplr
2023$20.5M · 264 accts · $1.3M emplr
2022$16.5M · 309 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$157,251
Total administrative$157,251
The Peri & Sons Farms, Inc. 401(k) match · 2024
Employer contribution per active participant$3,318
Median for plans this size$2,416
2024$3,318 per active participant
2023$5,009 per active participant
2022$5,688 per active participant

Peri & Sons Farms, Inc.'s 2024 employer contribution ran above the $2,416 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
MORGAN STANLEY · Investment advisory (plan)$139,094

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$157,251 · 0.70%
2023$71,180 · 0.39%
2022$3,445 · 0.02%
Same employer
Similar plansAgriculture, Forestry & Fishing · Nevada
Wedgworth Farms Inc FL$24.6M · 0.06%
Bridgeview Eye Partners IN$24.3M · 0.61%
The Arthur Companies, Inc. ND$23.9M · 0.18%
Farmer Boy AG, Inc. PA$23.9M · 0.36%
Bernard Egan & Company FL$23.8M · 0.35%
Central Region Cooperative MN$23.6M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880175412 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.