Plan Ledger DOL Form 5500 · updated monthly

Sound Agriculture Company401(k)

SOUND AGRICULTURE 401(K) PLAN · EMERYVILLE, 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

Sound Agriculture Company reported $6,229 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,471 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 1 year on file its reported administrative ratio rose from 0.09% to 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (6,376th of 9,483), and 10,250th of 13,661 in manufacturing. In 2024, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,872,364
Participants with balances134
Active participants73
Employer contributions$618,412
Employee contributions$1,166,120
Employer contribution per active participant$8,471
Average account balance$51,286
Benefits paid to participants$1,796,177
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$6.9M · 134 accts · $618K emplr
2023$5.8M · 177 accts · $465K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,124
Investment management$5,105
Total administrative$6,229
The Sound Agriculture Company 401(k) match · 2024
Employer contribution per active participant$8,471
Median for plans this size$1,313
2024$8,471 per active participant
2023$3,373 per active participant

Sound Agriculture Company's 2024 employer contribution ran above the $1,313 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 · 20241
GUIDELINE, INC. · Plan administrator · Recordkeeping$5,643

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

Administrative cost history2
2024$6,229 · 0.10%
2023$3,792 · 0.09%
Same employer
Similar plansManufacturing · California
Donsuemor, Inc. CA$7.0M · 0.19%
Sun Bum LLC CA$6.9M · 0.51%
Kmd Brands CA$6.9M · 0.86%
Label-Aire, Inc. CA$6.8M · 0.38%
Aranda Tooling, Inc. CA$6.8M · 0.05%
Pfxca LLC CA$6.8M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460774963 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.