Plan Ledger DOL Form 5500 · updated monthly

Underwood Fruit and Warehouse Company, LLC401(k)

UNDERWOOD FRUIT AND WAREHOUSE RETIREMENT SAVINGS PLAN · YAKIMA, WA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Underwood Fruit and Warehouse Company, LLC reported $20,609 in plan administrative expenses for 2024: 0.21% of average plan assets, lower than ~75% of peers. Employer contributions averaged $548 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 rose from 0.18% to 0.21%. 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 Washington (1,031st of 1,714), and the 432nd of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.83 for every $1.00 the employer contributed; active participation has grown from 481 to 705 since 2022.

Plan summary
Net assets, end of year$10,728,409
Participants with balances200
Active participants705
Employer contributions$386,064
Employee contributions$707,137
Employer contribution per active participant$548
Average account balance$53,642
Benefits paid to participants$440,581
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.7M · 200 accts · $386K emplr
2023$9.1M · 203 accts · $330K emplr
2022$7.8M · 174 accts · $253K emplr
The Underwood Fruit and Warehouse Company, LLC 401(k) match · 2024
Employer contribution per active participant$548
Median for plans this size$1,313
2024$548 per active participant
2023$749 per active participant
2022$525 per active participant

Underwood Fruit and Warehouse Company, LLC's 2024 employer contribution ran below the $1,313 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 · 20242
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$16,859
BBM FINANCIAL SERVICES, INC. DBA AL · Investment advisory (plan)$3,750

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$20,609 · 0.21%
2023$34,167 · 0.40%
2022$16,057 · 0.18%
Same employer
Similar plansAgriculture, Forestry & Fishing · Washington
Wilcox Farms, Inc. WA$13.7M · 0.57%
US Marine Corporation WA$13.7M · 0.41%
Smith Gardens, Inc. WA$13.1M · 0.61%
Firstfruits Holdco, LLC WA$10.8M · 0.13%
Enfield Farms, Inc. WA$10.1M · 0.15%
Matson Fruit Company WA$9.6M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911179336 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.