Plan Ledger DOL Form 5500 · updated monthly

Saticoy Lemon Association401(k)

SATICOY LEMON ASSOCIATION 401(K) / PROFIT SHARING PLAN · SANTA PAULA, CA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Saticoy Lemon Association reported $59,949 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $2,837 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 3 years on file its reported administrative ratio has held roughly steady near 0.315%. 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 3,639th-largest of 9,483 plans among California employers on file, and the 248th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.30 for every $1.00 the employer contributed; active participation has shrunk from 270 to 232 since 2022.

Plan summary
Net assets, end of year$19,968,568
Participants with balances314
Active participants232
Employer contributions$658,207
Employee contributions$856,059
Employer contribution per active participant$2,837
Average account balance$63,594
Benefits paid to participants$1,405,782
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.0M · 314 accts · $658K emplr
2023$18.1M · 332 accts · $614K emplr
2022$15.8M · 358 accts · $683K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,292
Investment management$11,657
Total administrative$59,949
The Saticoy Lemon Association 401(k) match · 2024
Employer contribution per active participant$2,837
Median for plans this size$2,416
2024$2,837 per active participant
2023$2,425 per active participant
2022$2,530 per active participant

Saticoy Lemon Association's 2024 employer contribution ran above the $2,416 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$48,292
VANCE WEALTH · Investment advisory (plan)$11,657
WILSHIRE ADVISORS LLC · 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$59,949 · 0.31%
2023$56,803 · 0.34%
2022$53,408 · 0.31%
Same employer
Similar plansAgriculture, Forestry & Fishing · California
Gemperle Brothers CA$21.4M · 0.36%
Gar Bennett, LLC. CA$21.1M · 0.10%
Hidden Villa Ranch CA$20.6M · 0.22%
Apeel Technology, Inc. CA$19.7M · 0.10%
Beckstoffer Vineyards CA$19.3M · 0.41%
West Coast Turf CA$19.1M · 0.40%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 951193510 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.