Plan Ledger DOL Form 5500 · updated monthly

Sanwa Growers, Inc401(k)

SANWA GROWERS, INC 401(K) PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Sanwa Growers, Inc reported $14,061 in plan administrative expenses for 2024: 0.67% of average plan assets, above the peer median. Employer contributions averaged $780 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 0.71% to 0.67%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Florida (3,007th of 3,644), and 3,990th of 4,246 in wholesale trade. In 2024, employees put in $4.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,439,927
Participants with balances162
Active participants175
Employer contributions$136,498
Employee contributions$565,898
Employer contribution per active participant$780
Average account balance$15,061
Benefits paid to participants$266,156
Plan auditUnmodified (clean) audit opinion
AuditorVERDEJA & ALVAREZ, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.4M · 162 accts · $136K emplr
2023$1.8M · 150 accts · $142K emplr
2022$927K · 123 accts · $133K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,019
Investment management$10,042
Total administrative$14,061
The Sanwa Growers, Inc 401(k) match · 2024
Employer contribution per active participant$780
Median for plans this size$1,313
2024$780 per active participant
2023$791 per active participant
2022$763 per active participant

Sanwa Growers, 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$4,018
LWM ADVISORY SERVICES · Investment advisory (plan)$10,042

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$14,061 · 0.67%
2023$8,131 · 0.60%
2022$4,687 · 0.71%
Same employer
Similar plansWholesale Trade · Florida
S.R. Perrott, Inc. FL$3.5M · 0.28%
Kelly's Foods, Inc. FL$2.9M · 0.74%
Prestige Ford, Inc. FL$2.4M · 0.25%
Aa Metals, Inc. FL$2.1M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592122093 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.