Produce Source Partners, Inc.401(k)
PRODUCE SOURCE PARTNERS, INC. 401(K) PLAN · ASHLAND, VA · plan year 2022
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Produce Source Partners, Inc. reported $37,180 in plan administrative expenses for 2022: 0.65% of average plan assets, above the peer median. Employer contributions averaged $305 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 rose from 0.65% to 0.82%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Virginia (1,809th of 2,266), and 3,601st of 4,246 in wholesale trade. In 2022, employees put in $8.32 for every $1.00 the employer contributed.
Produce Source Partners, Inc.'s 2022 employer contribution ran below the $1,114 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
This plan has changed recordkeepers within these filings. If you left Produce Source Partners, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
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Source: U.S. Department of Labor, Form 5500 series, EIN 541360757 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.