Plan Ledger DOL Form 5500 · updated monthly

Sakata Seed America, Inc.401(k)

SAKATA EMPLOYEE PROFIT SHARING & SAVINGS PLAN · WOODLAND, CA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Sakata Seed America, Inc. reported $75,771 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $9,438 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 0.23% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 1,230th-largest of 9,483 plans among California employers on file, and the 64th of 945 in agriculture, forestry & fishing. In 2024, the employer put in $1.04 for every $1.00 employees contributed themselves; active participation has grown from 272 to 310 since 2022.

Plan summary
Net assets, end of year$76,892,178
Participants with balances394
Active participants310
Employer contributions$2,925,707
Employee contributions$2,819,498
Employer contribution per active participant$9,438
Average account balance$195,158
Benefits paid to participants$11,383,746
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$76.9M · 394 accts · $2.9M emplr
2023$72.2M · 387 accts · $2.7M emplr
2022$62.2M · 353 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Investment management$50,000
Audit (IQPA)$25,725
Total administrative$75,771
The Sakata Seed America, Inc. 401(k) match · 2024
Employer contribution per active participant$9,438
Median for plans this size$3,635
2024$9,438 per active participant
2023$8,940 per active participant
2022$9,141 per active participant

Sakata Seed America, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20243
CONCURRENT INVESTMENT ADVISORS LLC · Investment advisory (plan)$50,000
MOSS ADAMS, LLP · Accounting / audit$25,725

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$75,771 · 0.10%
2023$74,150 · 0.11%
2022$161,559 · 0.23%
Same employer
Similar plansAgriculture, Forestry & Fishing · California
Western Growers Association CA$145.3M · 0.49%
Morning Star Company CA$90.6M · 0.11%
Wm. Bolthouse Farms, Inc. CA$89.0M · 0.29%
Grimmway Enterprises, Inc. CA$76.0M · 0.44%
J. G. Boswell Company CA$72.9M · 0.23%
Pacific Coast Producers CA$63.1M · 0.09%
The Nunes Company CA$62.2M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942422674 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.