Plan Ledger DOL Form 5500 · updated monthly

Rio Farms , LLC401(k)

RIO GILL 401(K) PLAN & TRUST · OXNARD, CA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Rio Farms , LLC reported $66,271 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $155 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 0.48% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 4,022nd-largest of 9,483 plans among California employers on file, and the 290th of 945 in agriculture, forestry & fishing. In 2024, employees put in $6.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,245,650
Participants with balances237
Active participants801
Employer contributions$123,897
Employee contributions$824,604
Employer contribution per active participant$155
Average account balance$72,766
Benefits paid to participants$1,350,070
Plan auditUnmodified (clean) audit opinion
AuditorCUTTONE & MASTRO, CPA'S
Plan history3
Yearassets · accounts · employer contribution
2024$17.2M · 237 accts · $124K emplr
2023$16.1M · 220 accts · $129K emplr
2022$13.6M · 226 accts · $119K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,146
Investment management$31,625
Audit (IQPA)$8,500
Total administrative$66,271
The Rio Farms , LLC 401(k) match · 2024
Employer contribution per active participant$155
Median for plans this size$2,416
2024$155 per active participant
2023$179 per active participant
2022$163 per active participant

Rio Farms , LLC's 2024 employer contribution ran below the $2,416 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
LPL FINANCIAL LLC · Investment advisory (plan)$31,625
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$26,146
CUTTONE & MASTRO CPA · Accounting / audit$8,500

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$66,271 · 0.40%
2023$71,274 · 0.48%
2022$72,998 · 0.48%
Same employer
Similar plansAgriculture, Forestry & Fishing · California
Okcoin USA, Inc. CA$17.8M · 0.47%
Altman Specialty Plants LLC CA$17.1M · 0.01%
Nichols Farms CA$16.8M · 0.43%
Merrill Farms, LLC CA$16.8M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770009052 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.