Plan Ledger DOL Form 5500 · updated monthly

World Variety Produce, Inc.ESOP

WORLD VARIETY PRODUCE, INC. EMPLOYEE STOCK OWNERSHIP PLAN · VERNON, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

World Variety Produce, Inc. reported $6,253 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $614 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 0.01% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,405th-largest of 9,483 plans among California employers on file, and the 1,178th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$34,601,112
Participants with balances463
Active participants407
Employer contributions$250,000
Employee contributions—
Employer contribution per active participant$614
Average account balance$74,732
Benefits paid to participants$1,225,230
Plan auditUnmodified (clean) audit opinion
AuditorLUCAS, HORSFALL, MURPHY & PINDROH
Plan history3
Yearassets · accounts · employer contribution
2024$34.6M · 463 accts · $250K emplr
2023$31.3M · 459 accts · $1.0M emplr
2022$25.1M · 454 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Investment management$6,248
Total administrative$6,253
Employer contributions to the World Variety Produce, Inc. plan · 2024
Employer contribution per active participant$614
Median for plans this size$2,416
2024$614 per active participant
2023$2,475 per active participant
2022$2,565 per active participant

World Variety Produce, Inc.'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.

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 · 20241
UBS FINANCIAL SERVICES INC · Securities brokerage · Other services$5,804

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$6,253 · 0.02%
2023$8,428 · 0.03%
2022$2,809 · 0.01%
Same employer
Similar plansWholesale Trade · California
Kikkoman Sales USA, Inc. CA$35.1M · 0.05%
Jfe Shoji America, LLC CA$34.9M · 0.63%
The Inside Source, Inc. CA$34.9M · 0.49%
Maxon Industries, Inc. CA$34.8M · 0.41%
Synamedia Americas LLC CA$34.5M · 0.05%
Roland Corporation U.S. CA$34.3M · 0.36%
Mission Produce, Inc. CA$33.8M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953888000 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.