Plan Ledger DOL Form 5500 · updated monthly

Wilson Farm, Inc.401(k)

WILSON FARM PROFIT SHARING AND 401(K) SAVINGS PLAN · LEXINGTON, MA · plan year 2023

Reported admin expense ratio · 2023
0.18%

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

Wilson Farm, Inc. reported $41,214 in plan administrative expenses for 2023: 0.18% of average plan assets, below the peer median. Employer contributions averaged $3,113 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 0.14% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 1,188th-largest of 2,726 plans among Massachusetts employers on file, and the 209th of 945 in agriculture, forestry & fishing. In 2023, employees put in $1.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,034,262
Participants with balances165
Active participants129
Employer contributions$401,601
Employee contributions$556,024
Employer contribution per active participant$3,113
Average account balance$139,602
Benefits paid to participants$3,747,145
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.8M · 164 accts · $421K emplr
2023$23.0M · 165 accts · $402K emplr
2022$21.8M · 171 accts · $378K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,304
Investment management$38,910
Total administrative$41,214
The Wilson Farm, Inc. 401(k) match · 2023
Employer contribution per active participant$3,113
Median for plans this size$2,440
2024$3,143 per active participant
2023$3,113 per active participant
2022$3,001 per active participant

Wilson Farm, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
NORTHWESTERN MUTUAL WEALTH MGMT CO · Investment advisory (plan)$38,910
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$2,304

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$41,513 · 0.19%
2023$41,214 · 0.18%
2022$33,871 · 0.14%
Same employer
Similar plansAgriculture, Forestry & Fishing · Massachusetts
Appalachian Mountain Club MA$47.1M · 0.00%
Cavicchio Greenhouses Inc. MA$18.6M · 0.43%
Akoya Biosciences, Inc MA$18.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042168717 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.