401k Record

Employers › Sound Agriculture

Sound Agriculture 401(k)

Recordkeeping fees per participant · Sound Agriculture 401(k) Plan · plan year 2024

$8.39

Higher than 7% of the 7,477 plans $1 to 10M that report it.

Source

= $1,124 / 134
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250925220053NAL0008883601002, received 2025-09-25
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250925220053NAL0008883601002, received 2025-09-25

10th: $11.10median $71.5290th: $209.21

Percentiles compare this plan with the Schedule H plans $1 to 10M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-25.

Cost and contributions

Administrative expenses excluding investment management, per participant

$8.39

10th: $13.66median $103.3390th: $302.77

Higher than 5% of the 14,713 plans $1 to 10M that report it.

Source

= $1,124 / 134
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250925220053NAL0008883601002, received 2025-09-25
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250925220053NAL0008883601002, received 2025-09-25

Administrative expenses per participant

$46.49

10th: $19.42median $150.2790th: $370.75

Higher than 21% of the 15,210 plans $1 to 10M that report it.

Source

= $6,229 / 134
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250925220053NAL0008883601002, received 2025-09-25
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250925220053NAL0008883601002, received 2025-09-25

Administrative expenses as a share of assets

0.091%

10th: 0.069%median 0.519%90th: 1.146%

Higher than 13% of the 15,243 plans $1 to 10M that report it.

Source

= $6,229 / $6,872,364
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250925220053NAL0008883601002, received 2025-09-25
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250925220053NAL0008883601002, received 2025-09-25

Employer contributions per participant

$4,615

10th: $357median $1,32390th: $2,861

Higher than 98% of the 13,342 plans $1 to 10M that report it.

Source

= $618,412 / 134
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250925220053NAL0008883601002, received 2025-09-25
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250925220053NAL0008883601002, received 2025-09-25

Employer share of total contributions

30.7%

10th: 11.9%median 28.9%90th: 43.6%

Higher than 56% of the 13,370 plans $1 to 10M that report it.

Source

= $618,412 / $2,012,570
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250925220053NAL0008883601002, received 2025-09-25
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250925220053NAL0008883601002, received 2025-09-25

Plan terms, as stated in Sound Agriculture Co's SEC filings

Plan terms are not published in public filings.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250925220053NAL0008883601002, received 2025-09-25

Full record, Sound Agriculture 401(k) Plan

FieldValueSource
Plan sponsorSOUND AGRICULTURE COMPANYForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250925220053NAL0008883601002, received 2025-09-25
Plan nameSOUND AGRICULTURE 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20250925220053NAL0008883601002, received 2025-09-25
Sponsor EIN / plan number46-0774963 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250925220053NAL0008883601002, received 2025-09-25
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250925220053NAL0008883601002, received 2025-09-25
Sponsor locationEMERYVILLE, CAForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250925220053NAL0008883601002, received 2025-09-25
Industry (business code)325410, ManufacturingForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20250925220053NAL0008883601002, received 2025-09-25
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250925220053NAL0008883601002, received 2025-09-25
Filing received2025-09-25Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250925220053NAL0008883601002, received 2025-09-25
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250925220053NAL0008883601002, received 2025-09-25
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20250925220053NAL0008883601002, received 2025-09-25
Participants, beginning of year182Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250925220053NAL0008883601002, received 2025-09-25
Active participants73Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250925220053NAL0008883601002, received 2025-09-25
Participants, end of year137Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250925220053NAL0008883601002, received 2025-09-25
Participants with an account balance134Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250925220053NAL0008883601002, received 2025-09-25
Total assets, beginning of year$5,769,856Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250925220053NAL0008883601002, received 2025-09-25
Total assets, end of year$6,872,364Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250925220053NAL0008883601002, received 2025-09-25
Net assets, end of year$6,872,364Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250925220053NAL0008883601002, received 2025-09-25
Total income$2,904,914Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250925220053NAL0008883601002, received 2025-09-25
Net income$1,102,508Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250925220053NAL0008883601002, received 2025-09-25
Employer contributions$618,412Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250925220053NAL0008883601002, received 2025-09-25
Participant contributions$1,166,120Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250925220053NAL0008883601002, received 2025-09-25
Other contributions (incl. rollovers)$228,038Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250925220053NAL0008883601002, received 2025-09-25
Total contributions$2,012,570Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250925220053NAL0008883601002, received 2025-09-25
Benefit payments$1,796,177Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250925220053NAL0008883601002, received 2025-09-25
Total expenses (incl. benefit payments)$1,802,406Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250925220053NAL0008883601002, received 2025-09-25
Total administrative expenses$6,229Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250925220053NAL0008883601002, received 2025-09-25
Recordkeeping fees$1,124Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250925220053NAL0008883601002, received 2025-09-25
Investment advisory and management fees$5,105Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250925220053NAL0008883601002, received 2025-09-25
Administrative expenses excluding investment management$1,124derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250925220053NAL0008883601002, received 2025-09-25
Held in mutual funds$6,824,904Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250925220053NAL0008883601002, received 2025-09-25
Independent auditorHOLTHOUSE CARLIN & VAN TRIGT LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250925220053NAL0008883601002, received 2025-09-25

Position = column in the DOL layout for form year 2024. Filing 20250925220053NAL0008883601002, received 2025-09-25.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
GUIDELINE, INC.recordkeeperRECORDKEEPER 14 Plan administrator; 15 Recordkeeping and information management; 16 Consulting (general); 26 Investment advisory (participants); 27 Investment advisory (plan); 31 Named fiduciary; 37 Participant loan processing; 38 Participant communication; 50 Direct payment from the plan; 64 Recordkeeping fees; 65 Account maintenance fees; 72 Other investment fees and expenses $5,643no

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250925220053NAL0008883601002, received 2025-09-25.

What changed since the 2023 plan year

Figure20232024Change
Total assets$5,769,856$6,872,36419.1%
Participants with a balance177134-24.3%
Administrative expenses$3,792$6,22964.3%
Recordkeeping fees per participant$4.23$8.3998.5%
Employer contributions$465,441$618,41232.9%

Prior filing 20241004220316NAL0012041873092, received 2024-10-04; the plan years are contiguous.

Alerts, claims and corrections

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Sponsor name as filed: SOUND AGRICULTURE COMPANY; SEC registrant: Sound Agriculture Co (CIK 1723422, matched by EIN).