Center Fresh Egg Farm LLP401(k)
VERSOVA MANAGEMENT COMPANY, LLC 401(K) PLAN · SIOUX CENTER, IA · plan year 2024
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Center Fresh Egg Farm LLP reported $168,669 in plan administrative expenses for 2024: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $957 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 6 years on file its reported administrative ratio rose from 0.28% to 0.71%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 310th-largest of 878 plans among Iowa employers on file, and the 168th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.70 for every $1.00 the employer contributed; active participation has grown from 753 to 1,659 since 2018.
Center Fresh Egg Farm LLP's 2024 employer contribution ran below the $2,416 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 810903080 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.