Plan Ledger DOL Form 5500 · updated monthly

Vital Farms Inc.401(k)

VITAL FARMS INC. 401(K) PROFIT SHARING PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Vital Farms Inc. reported $17,651 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,746 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 0.12% to 0.10%. 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 2,016th-largest of 5,688 plans among Texas employers on file, and the 244th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has grown from 356 to 593 since 2022.

Plan summary
Net assets, end of year$20,097,804
Participants with balances670
Active participants593
Employer contributions$1,628,512
Employee contributions$2,988,584
Employer contribution per active participant$2,746
Average account balance$29,997
Benefits paid to participants$2,809,510
Plan auditUnmodified (clean) audit opinion
AuditorATCHLEY & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.1M · 670 accts · $1.6M emplr
2023$14.2M · 536 accts · $1.2M emplr
2022$8.8M · 536 accts · $870K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,651
Total administrative$17,651
The Vital Farms Inc. 401(k) match · 2024
Employer contribution per active participant$2,746
Median for plans this size$2,416
2024$2,746 per active participant
2023$2,665 per active participant
2022$2,445 per active participant

Vital Farms Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$17,920
ALLIANCE BENEFIT GROUP OF HOUSTON · Other servicesindirect 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$17,651 · 0.10%
2023$17,510 · 0.15%
2022$9,468 · 0.12%
Same employer
Similar plansAgriculture, Forestry & Fishing · Texas
Select Milk Producers, Inc. TX$36.3M · 0.55%
Lmbi, L.P. TX$21.1M · 0.14%
West Gaines Seed, Inc. TX$14.8M · 0.10%
Friona Industries, L.P. TX$14.4M · 0.64%
Riata Management LLC TX$14.3M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270496985 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.