Plan Ledger DOL Form 5500 · updated monthly

Rancho Foods Inc.401(k)

RANCHO FOODS, INC. 401(K) & PROFIT SHARING PLAN · VERNON, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Rancho Foods Inc. reported $2,911 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,372 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 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in California (5,046th of 9,483), and 2,713th of 4,246 in wholesale trade. In 2024, the employer put in $2.22 for every $1.00 employees contributed themselves; active participation has grown from 124 to 149 since 2022.

Plan summary
Net assets, end of year$11,666,675
Participants with balances170
Active participants149
Employer contributions$949,484
Employee contributions$427,969
Employer contribution per active participant$6,372
Average account balance$68,628
Benefits paid to participants$191,762
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 170 accts · $949K emplr
2023$9.5M · 159 accts · $1.3M emplr
2022$7.0M · 144 accts · $726K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,350
Investment management$1,411
Total administrative$2,911
The Rancho Foods Inc. 401(k) match · 2024
Employer contribution per active participant$6,372
Median for plans this size$2,416
2024$6,372 per active participant
2023$9,396 per active participant
2022$5,858 per active participant

Rancho Foods Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20244
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (participants) · Investment advisory (plan)$1,625
MMA SECURITIES LLCindirect comp
FINANCIAL FOCUS RETIREMENT PLAN SER · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)indirect comp

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$2,911 · 0.03%
2023$2,448 · 0.03%
2022$1,352 · 0.02%
Same employer
Similar plansWholesale Trade · California
Markstein Sales Co. CA$12.1M · 0.44%
Cyberpower Inc. CA$12.0M · 1.28%
Stan Boyett & Son, Inc. CA$11.7M · 0.33%
Hanwha Q Cells America CA$11.7M · 0.39%
Test Rite Products Corp. CA$11.4M · 0.60%
Ziphq, Inc. CA$11.3M · 0.10%
Dolan's of Concord/Pinole CA$11.2M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953673625 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.