Plan Ledger DOL Form 5500 · updated monthly

Ratto Bros., Inc.401(k)

RATTO BROS., INC. 401(K) PLAN · SALIDA, CA · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Ratto Bros., Inc. reported $65,828 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $988 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 0.66% to 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in California (5,421st of 9,483), and the 445th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.69 for every $1.00 the employer contributed; active participation has grown from 173 to 346 since 2022.

Plan summary
Net assets, end of year$10,101,948
Participants with balances222
Active participants346
Employer contributions$341,757
Employee contributions$578,985
Employer contribution per active participant$988
Average account balance$45,504
Benefits paid to participants$414,299
Plan auditUnmodified (clean) audit opinion
AuditorATHERTON & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 222 accts · $342K emplr
2023$8.6M · 202 accts · $317K emplr
2022$7.1M · 195 accts · $288K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,066
Investment management$19,762
Total administrative$65,828
The Ratto Bros., Inc. 401(k) match · 2024
Employer contribution per active participant$988
Median for plans this size$1,313
2024$988 per active participant
2023$1,173 per active participant
2022$1,665 per active participant

Ratto Bros., Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$65,828 · 0.70%
2023$54,121 · 0.69%
2022$57,159 · 0.66%
Same employer
Similar plansAgriculture, Forestry & Fishing · California
Agrivision, Inc. CA$11.8M · 0.91%
Jasmine Vineyards, Inc. CA$11.2M · 0.85%
Crain Walnut Shelling, Inc CA$10.5M · 0.45%
Nicholas Bagshaw Company CA$10.4M · 0.09%
Gresser, Inc. CA$10.1M · 0.63%
Plant Sciences, Inc. CA$9.9M · 0.84%
Rivermaid Trading Company CA$9.4M · 0.48%
Pitman Farms, Inc. CA$9.4M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943025282 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.