Plan Ledger DOL Form 5500 · updated monthly

Sierra-Cascade Nursery, Inc.401(k)

SIERRA-CASCADE NURSERY, INC. 401(K) PROFIT SHARING PLAN · RENO, NV · plan year 2024

Reported admin expense ratio · 2024
0.83%

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

Sierra-Cascade Nursery, Inc. reported $105,814 in plan administrative expenses for 2024: 0.83% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,337 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 1.08% to 0.83%. 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 163rd-largest of 437 plans among Nevada employers on file, and the 366th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.65 for every $1.00 the employer contributed; active participation has grown from 342 to 424 since 2022.

Plan summary
Net assets, end of year$13,538,078
Participants with balances388
Active participants424
Employer contributions$567,064
Employee contributions$933,249
Employer contribution per active participant$1,337
Average account balance$34,892
Benefits paid to participants$1,185,794
Plan auditUnmodified (clean) audit opinion
AuditorGRANT BENNETT ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 388 accts · $567K emplr
2023$11.8M · 351 accts · $507K emplr
2022$9.3M · 324 accts · $488K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,550
Investment management$34,664
Total administrative$105,814
The Sierra-Cascade Nursery, Inc. 401(k) match · 2024
Employer contribution per active participant$1,337
Median for plans this size$2,416
2024$1,337 per active participant
2023$1,349 per active participant
2022$1,428 per active participant

Sierra-Cascade Nursery, Inc.'s 2024 employer contribution ran below 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 · 20241
JOHN HANCOCK LIFE INSURANCE CO. · Recordkeeping · Investment management$1,200

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$105,814 · 0.83%
2023$102,421 · 0.97%
2022$106,356 · 1.08%
Same employer
Similar plansAgriculture, Forestry & Fishing · Nevada
Peri & Sons Farms, Inc. NV$24.1M · 0.70%
US Marine Corporation WA$13.7M · 0.41%
Battlefield Farms, Inc. VA$13.6M · 0.36%
Mann Packing Co., Inc. CA$13.6M · 0.67%
Farmers Win Cooperative IA$13.5M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680318735 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.