Plan Ledger DOL Form 5500 · updated monthly

Wiers Farm, Inc.401(k)

WIERS FARM, INC./DUTCH MAID LOGISTICS, INC. 401(K) RETIREMENT PLAN · WILLARD, OH · plan year 2023

Reported admin expense ratio · 2023
0.63%

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

Wiers Farm, Inc. reported $42,274 in plan administrative expenses for 2023: 0.63% of average plan assets, above the peer median. Employer contributions averaged $217 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 3 years on file its reported administrative ratio has held roughly steady near 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Ohio (2,278th of 3,295), and 549th of 945 in agriculture, forestry & fishing. In 2023, employees put in $5.76 for every $1.00 the employer contributed; active participation has grown from 317 to 361 since 2022.

Plan summary
Net assets, end of year$7,154,645
Participants with balances150
Active participants361
Employer contributions$78,384
Employee contributions$451,235
Employer contribution per active participant$217
Average account balance$47,698
Benefits paid to participants$445,065
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 141 accts · $61K emplr
2023$7.2M · 150 accts · $78K emplr
2022$6.2M · 153 accts · $106K emplr
Administrative expenses, itemized · 2023
Investment management$42,274
Total administrative$42,274
The Wiers Farm, Inc. 401(k) match · 2023
Employer contribution per active participant$217
Median for plans this size$1,308
2024$173 per active participant
2023$217 per active participant
2022$333 per active participant

Wiers Farm, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
CLIFTONLARSONALLEN WEALTH ADVISORS · Investment advisory (plan)$19,280
MAP RETIREMENT USA LLC · Contract administrator$4,219
LEAFHOUSE FINANCIAL ADVISORS, LLC$3,236

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$45,264 · 0.64%
2023$42,274 · 0.63%
2022$42,409 · 0.66%
Similar plansAgriculture, Forestry & Fishing · Ohio
The Motz Corporation OH$13.1M · 0.01%
Luckey Farmers, Inc. OH$10.4M · 0.64%
TH2 Connect LLC OH$5.8M · 0.02%
Aris Horticulture, Inc. OH$5.5M · 0.01%
The Cottage Gardens, Inc. OH$3.2M · 1.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341342768 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.