Plan Ledger DOL Form 5500 · updated monthly

Pioneer Farm Equipment Co.401(k)

PIONEER FARM EQUIPMENT CO.401K PROFIT SHARING PLAN · FRESNO, CA · plan year 2022

Reported admin expense ratio · 2022
0.05%

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

Pioneer Farm Equipment Co. reported $4,305 in plan administrative expenses for 2022: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,081 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 0.05% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (6,054th of 9,483), and 3,071st of 5,215 in retail trade. In 2022, employees put in $3.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,878,711
Participants with balances140
Active participants114
Employer contributions$123,266
Employee contributions$439,214
Employer contribution per active participant$1,081
Average account balance$56,277
Benefits paid to participants$1,044,644
Plan auditUnmodified (clean) audit opinion
AuditorDEMERA, DEMERA CAMERON
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 76 accts · $24K emplr
2023$7.4M · 155 accts · $40K emplr
2022$7.9M · 140 accts · $123K emplr
The Pioneer Farm Equipment Co. 401(k) match · 2022
Employer contribution per active participant$1,081
Median for plans this size$1,114
2024$844 per active participant
2023$1,285 per active participant
2022$1,081 per active participant

Pioneer Farm Equipment Co.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024AMERICAN TRUST COMPANY
2023AMERICAN TRUST COMPANY

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Administrative cost history3
2024$5,065 · 0.07%
2023$6,076 · 0.08%
2022$4,305 · 0.05%
Similar plansRetail Trade · California
Puente Hills Hyundai, LLC CA$8.0M · 0.29%
Skybox Security, Inc. CA$8.0M · 0.04%
Everlane, Inc. CA$8.0M · 0.85%
Stella & Dot, LLC CA$7.9M · 0.46%
Forma Brands, LLC CA$7.9M · 0.54%
Rp Automotive II, Inc. CA$7.9M · 0.85%
Ifixit CA$7.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770388589 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.