Greenleaf Nursery Co. 401(k) Review & Grade
Greenleaf Nursery Co. 401(k) Profit Sharing Plan
Park Hill, OKAgriculture, Forestry, Fishing & Hunting840 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$312Employer $ per active participant
$1,224Employee $ saved per active participant
0.17%Direct admin cost, % of plan assets
$35.8MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity10.7 / 5021th percentile for employer $ per participant
- Low cost15.0 / 2560th percentile for low admin cost vs. same-size plans
- Employee saving5.1 / 1534th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score31 / 100 · Grade D
This plan vs. peers
Peers: Agriculture, Forestry, Fishing & Hunting plans with 500–2,499 active participants (118 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 21th |
| Lower admin cost | 60th |
| Employee saving | 34th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Corrective distributions: the plan refunded $130,042 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Greenleaf Nursery put in about $312 per active participant, below the typical peer ($774). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $261,661 |
| Participant (employee) contributions | $1,027,379 |
| Other contributions (incl. rollovers in) | $0 |
| Administrative expenses paid from the plan | $56,987 |
| Investment advisory & management fees | $12,192 |
| Benefits paid out | $1,437,992 |
| Net assets, start / end of year | $32.2M / $35.8M |
| Active participants, start / end of year | 867 / 812 |
| Participants with account balances | 300 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Landmark CPA |
Largest service providers (Schedule C)
| Jpmorgan Invest Holdings LLC | $44,795 reported compensation |
| Empower Advisory Group, LLC | $8,992 reported compensation |
| Bokf, NA | $3,200 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250926140342NAL0009471521001, received 2025-09-26, EIN 73-0694135, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.