Plan Ledger DOL Form 5500 · updated monthly

Pro Farm Group, Inc.401(k)

PRO FARM GROUP, INC. 401(K) PLAN · DAVIS, CA · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Pro Farm Group, Inc. reported $53,697 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $2,648 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 0.46% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 4,371st-largest of 9,483 plans among California employers on file, and 6,537th of 11,654 in professional & technical services. In 2024, employees put in $2.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,158,555
Participants with balances182
Active participants171
Employer contributions$452,782
Employee contributions$1,160,455
Employer contribution per active participant$2,648
Average account balance$83,289
Benefits paid to participants$859,780
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.2M · 182 accts · $453K emplr
2023$12.5M · 164 accts · $412K emplr
2022$12.0M · 165 accts · $413K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,272
Investment management$29,425
Total administrative$53,697
The Pro Farm Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,648
Median for plans this size$2,416
2024$2,648 per active participant
2023$2,591 per active participant
2022$2,359 per active participant

Pro Farm Group, 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
NEWFRONT RETIREMENT SERVICES INC · Investment advisory (plan)$29,425
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$24,272

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$53,697 · 0.39%
2023$49,221 · 0.40%
2022$61,706 · 0.46%
Same employer
Similar plansProfessional & Technical Services · California
Sgi, Inc. CA$15.2M · 0.42%
Instabase CA$15.2M · 0.13%
Narvar Inc CA$15.1M · 0.14%
Didi Research America LLC CA$15.1M · 0.19%
Al Venture, LLC CA$15.1M · 0.10%
Data.Ai, Inc CA$15.1M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205137161 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.