Plan Ledger DOL Form 5500 · updated monthly

Tomatoes Extraordinaire, Inc. dba Specialty Produce401(k)

TOMATOES EXTRAORDINAIRE, INC. 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.97%

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

Tomatoes Extraordinaire, Inc. dba Specialty Produce reported $55,469 in plan administrative expenses for 2024: 0.97% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,345 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 1.08% to 0.97%. 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 (6,502nd of 9,483), and 10,440th of 13,661 in manufacturing. In 2024, employees put in $3.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,461,845
Participants with balances210
Active participants175
Employer contributions$235,401
Employee contributions$722,164
Employer contribution per active participant$1,345
Average account balance$30,771
Benefits paid to participants$209,338
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 210 accts · $235K emplr
2023$5.0M · 213 accts · $226K emplr
2022$3.6M · 193 accts · $200K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,469
Total administrative$55,469
The Tomatoes Extraordinaire, Inc. dba Specialty Produce 401(k) match · 2024
Employer contribution per active participant$1,345
Median for plans this size$1,313
2024$1,345 per active participant
2023$1,278 per active participant
2022$1,084 per active participant

Tomatoes Extraordinaire, Inc. dba Specialty Produce'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
CAVU WEALTH MANAGEMENT INC · Investment advisory (plan)$13,638
EMPOWER ADVISORY GROUP, LLC · Investment management$4,029

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$55,469 · 0.97%
2023$43,327 · 1.01%
2022$39,054 · 1.08%
Same employer
Similar plansManufacturing · California
Townsend Industries, Inc. CA$6.6M · 0.74%
McKenna Labs, Inc. CA$6.6M · 0.85%
Pacific Plastics, Inc. CA$6.5M · 0.13%
Magnetika, Inc. CA$6.5M · 0.10%
Vip Rubber Company, Inc CA$6.4M · 0.15%
Win-Dor, Inc CA$6.4M · 0.31%
Carter Duncan LP CA$6.4M · 0.49%
Intratek Computer, Inc. CA$6.4M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330521545 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.