Plan Ledger DOL Form 5500 · updated monthly

Stemilt Growers, LLC401(k)

STEMILT GROWERS, LLC 401(K) SAVINGS PLAN & TRUST · WENATCHEE, WA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Stemilt Growers, LLC reported $254,266 in plan administrative expenses for 2024: 0.42% of average plan assets, higher than ~90% of peers. Employer contributions averaged $889 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 0.415%. 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 266th-largest of 1,714 plans among Washington employers on file, and the 78th of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has grown from 1,351 to 1,734 since 2022.

Plan summary
Net assets, end of year$64,674,681
Participants with balances748
Active participants1,734
Employer contributions$1,541,806
Employee contributions$3,081,830
Employer contribution per active participant$889
Average account balance$86,463
Benefits paid to participants$4,439,072
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$64.7M · 748 accts · $1.5M emplr
2023$57.7M · 774 accts · $1.4M emplr
2022$50.6M · 779 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$194,266
Investment management$60,000
Total administrative$254,266
The Stemilt Growers, LLC 401(k) match · 2024
Employer contribution per active participant$889
Median for plans this size$3,635
2024$889 per active participant
2023$874 per active participant
2022$976 per active participant

Stemilt Growers, LLC's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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
JOHN HANCOCK LIFE INSURANCE CO USA · Recordkeeping · Investment management$612
LPL FINANCIAL LLC - RPCP · Investment advisory (participants)$60,000
BENEFITS 2 ADMINISTRATORS · Contract administrator$30,338

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$254,266 · 0.42%
2023$232,412 · 0.43%
2022$236,134 · 0.42%
Same employer
Similar plansAgriculture, Forestry & Fishing · Washington
Zirkle Fruit Company WA$81.2M · 0.33%
Glacier Fish Company, LLC WA$47.3M · 0.19%
Arctic Storm, Inc. WA$33.4M · 0.16%
Taylor United, Inc. WA$32.8M · 0.28%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 272088978 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.