Plan Ledger DOL Form 5500 · updated monthly

Sunridge Nurseries, Inc.401(k)

SUNRIDGE NURSERIES, INC. 401(K) PLAN · BAKERSFIELD, CA · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Sunridge Nurseries, Inc. reported $39,847 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $1,853 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 0.70% to 0.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in California (6,387th of 9,483), and 564th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.68 for every $1.00 the employer contributed; active participation has shrunk from 303 to 157 since 2022.

Plan summary
Net assets, end of year$6,830,828
Participants with balances114
Active participants157
Employer contributions$290,962
Employee contributions$489,597
Employer contribution per active participant$1,853
Average account balance$59,920
Benefits paid to participants$862,574
Plan auditUnmodified (clean) audit opinion
AuditorDANIELLS, PHILLIPS, VAUGHAN & BOCK
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 114 accts · $291K emplr
2023$6.2M · 145 accts · $308K emplr
2022$5.0M · 143 accts · $252K emplr
Administrative expenses, itemized · 2024
Investment management$39,847
Total administrative$39,847
The Sunridge Nurseries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,853
Median for plans this size$1,313
2024$1,853 per active participant
2023$1,198 per active participant
2022$833 per active participant

Sunridge Nurseries, Inc.'s 2024 employer contribution ran above the $1,313 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$18,954
HICKS PENSION SERVICES-FRESNO · Recordkeeping · Loan processing$7,992
BANK OF AMERICA NA · Investment advisory (plan)$16,789

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$39,847 · 0.61%
2023$40,002 · 0.72%
2022$38,668 · 0.70%
Same employer
Similar plansAgriculture, Forestry & Fishing · California
Blazerwilkinsongee, LLC CA$7.6M · 0.08%
Four Star Management, LLC CA$7.5M · 0.84%
Greenheart Farms, Inc. CA$7.2M · 0.41%
Lmr Services LLC CA$7.0M · 0.52%
Neil Bassetti Farms CA$6.8M · 0.06%
Villa Park Orchards CA$6.6M · 0.64%
Norman's Nursery, Inc. CA$6.6M · 0.04%
Tasteful Selections, LLC CA$6.6M · 0.67%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 953127013 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.