Plan Ledger DOL Form 5500 · updated monthly

Sunmet Packing & Cold Storage, LLC401(k)

SUNMET PACKING & COLD STORAGE, LLC 401(K) PLAN · VISALIA, CA · plan year 2022

Reported admin expense ratio · 2022
0.33%

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

Sunmet Packing & Cold Storage, LLC reported $4,717 in plan administrative expenses for 2022: 0.33% of average plan assets, below the peer median. Employer contributions averaged $552 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in California (8,642nd of 9,483), and 845th of 945 in agriculture, forestry & fishing. In 2022, employees put in $2.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,322,579
Participants with balances53
Active participants181
Employer contributions$99,823
Employee contributions$202,065
Employer contribution per active participant$552
Average account balance$24,954
Benefits paid to participants$231,685
Plan auditUnmodified (clean) audit opinion
AuditorMOORE GRIDER & COMPANY LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,717
Total administrative$4,717
The Sunmet Packing & Cold Storage, LLC 401(k) match · 2022
Employer contribution per active participant$552
Median for plans this size$1,114

Sunmet Packing & Cold Storage, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$4,717 · 0.33%
Similar plansAgriculture, Forestry & Fishing · California
Ve Peo, LLC CA$1.6M · 0.06%
Bfi Harvesting, Inc. CA$1.4M · 0.07%
Planasa US Holdings CA$1.3M · 0.50%
Upe Resources Inc CA$1.3M · 0.55%
Mellano Enterprises, Inc. CA$1.3M · 0.01%
Far West Fungi Inc CA$1.2M · 0.47%
Urban Remedy, Inc. CA$1.2M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260285746 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.