Plan Ledger DOL Form 5500 · updated monthly

Taylor Fresh Foods, Inc.401(k)

TAYLOR FRESH FOODS, INC. 401(K) PLAN · SALINAS, CA · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Taylor Fresh Foods, Inc. reported $792,668 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~90% of peers. Employer contributions averaged $944 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 0.30% to 0.26%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 377th-largest of 9,483 plans among California employers on file, and the 792nd of 13,661 in manufacturing. In 2024, employees put in $1.72 for every $1.00 the employer contributed; active participation has grown from 11,715 to 13,662 since 2022.

Plan summary
Net assets, end of year$332,530,078
Participants with balances6,773
Active participants13,662
Employer contributions$12,896,697
Employee contributions$22,188,932
Employer contribution per active participant$944
Average account balance$49,096
Benefits paid to participants$20,318,942
Plan auditUnmodified (clean) audit opinion
AuditorAHEARN, JASCO + COMPANY, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$332.5M · 6,773 accts · $12.9M emplr
2023$281.1M · 6,547 accts · $11.9M emplr
2022$233.0M · 6,506 accts · $11.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$792,668
Total administrative$792,668
The Taylor Fresh Foods, Inc. 401(k) match · 2024
Employer contribution per active participant$944
Median for plans this size$4,294
2024$944 per active participant
2023$945 per active participant
2022$1,016 per active participant

Taylor Fresh Foods, Inc.'s 2024 employer contribution ran below the $4,294 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$792,283
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$792,668 · 0.26%
2023$729,634 · 0.28%
2022$727,267 · 0.30%
Same employer
Similar plansManufacturing · California
Topgolf Callaway Brands Corp CA$357.4M · 0.12%
Haas Automation, Inc. CA$356.1M · 0.02%
Ventura Foods, LLC CA$344.5M · 0.07%
Sutter Home Winery, Inc. CA$341.4M · 0.02%
Ortho Clinical Diagnostics CA$329.1M · 0.03%
Exelixis, Inc. CA$319.0M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931214572 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.