Plan Ledger DOL Form 5500 · updated monthly

Produce One, Inc.401(k)

PREMIER PRODUCE ONE 401(K) PLAN · DAYTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Produce One, Inc. reported $41,539 in plan administrative expenses for 2024: 0.68% of average plan assets, above the peer median. Employer contributions averaged $488 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 0.42% to 0.68%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Ohio (2,404th of 3,295), and 3,480th of 4,246 in wholesale trade. In 2024, employees put in $3.95 for every $1.00 the employer contributed; active participation has shrunk from 280 to 246 since 2022.

Plan summary
Net assets, end of year$6,139,947
Participants with balances213
Active participants246
Employer contributions$120,005
Employee contributions$473,928
Employer contribution per active participant$488
Average account balance$28,826
Benefits paid to participants$1,466,677
Plan auditUnmodified (clean) audit opinion
AuditorBRADY, WARE AND SCHOENFELD, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 213 accts · $120K emplr
2023$6.1M · 229 accts · $113K emplr
2022$5.1M · 227 accts · $107K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,774
Investment management$14,765
Total administrative$41,539
The Produce One, Inc. 401(k) match · 2024
Employer contribution per active participant$488
Median for plans this size$1,313
2024$488 per active participant
2023$413 per active participant
2022$381 per active participant

Produce One, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 · 20243
JULY BUSINESS SERVICES · Loan processing$26,674
MMA SECURITIES · Investment advisory (plan)$14,765

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$41,539 · 0.68%
2023$32,092 · 0.57%
2022$22,905 · 0.42%
Same employer
Similar plansWholesale Trade · Ohio
Tsc Apparel LLC OH$6.8M · 0.06%
The Noco Company OH$6.4M · 0.76%
Nwo Beverage, Inc. OH$6.4M · 0.64%
Mfs Supply, LLC OH$6.1M · 0.78%
Santmyer Companies, Inc. OH$6.1M · 0.80%
Winston Products, LLC OH$5.4M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310522620 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.