Tosh Farms 401(k) Review & Grade
Tosh Farms 401k Profit Sharing Plan
Henry, TNAgriculture, Forestry, Fishing & Hunting506 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$436Employer $ per active participant
$987Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$6.3MNet plan assets, end of year
$20,013Average balance per account
Score breakdown
- Employer generosity15.8 / 5032th percentile for employer $ per participant
- Low cost22.3 / 2589th percentile for low admin cost vs. same-size plans
- Employee saving3.7 / 1525th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score42 / 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 | 32th |
| Lower admin cost | 89th |
| Employee saving | 25th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Tosh Farms put in about $436 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 | $220,617 |
| Participant (employee) contributions | $499,016 |
| Other contributions (incl. rollovers in) | $33,850 |
| Administrative expenses paid from the plan | $2,580 |
| Contract administrator fees | $2,580 |
| Benefits paid out | $567,570 |
| Net assets, start / end of year | $5.4M / $6.3M |
| Active participants, start / end of year | 540 / 471 |
| Participants with account balances | 314 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Ata, PC |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250721102902NAL0001057921001, received 2025-07-21, EIN 62-1522352, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.