Washington › Agriculture, forestry, fishing and hunting › 100 to 249 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Kyle Mathison Orchards, Inc. 401(k) Savings Plan and Trust
Sponsored by Kyle Mathison Orchards, Inc., Wenatchee, WA
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
In the plan year ending 31 Dec 2024, Kyle Mathison Orchards, Inc. 401(k) Savings Plan and Trust covered 190 participants and held $7.0M in net assets. The plan is a 401(k) plan sponsored by Kyle Mathison Orchards, Inc. of Wenatchee, Washington.
Net assets came to $36,990 per participant, well below the $60,185 median for defined contribution plans with 100 to 249 participants and below the $42,336 median for defined contribution plans in agriculture, forestry, fishing and hunting. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $200K during the year, or $1,785 per active participant against a same-size median of $2,447; participants contributed $381K. Benefits paid out totalled $116K.
Schedule C lists 3 service provider organisations paid $5,000 or more, with reported compensation of $21K: $111 per participant, well below the same-size median of $194. Administrative expenses charged to the plan were $42K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $5.6M in 2020 to $7.0M in 2024 (up 25%), and participants from 114 to 190 (up 67%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $36,990 | $60,185 | $42,336 | $53,102 |
| Employer contributions per active participant | $1,785 | $2,447 | $1,701 | $2,175 |
| Schedule C compensation per participant | $111 | $194 | $112 | $123 |
| Schedule C compensation, share of net assets | 0.30% | 0.32% | 0.32% | 0.26% |
| Administrative expenses per participant | $222 | $176 | $116 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 100 to 249 participants (21,996 plans), agriculture, forestry, fishing and hunting (647) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 190 | $7.0M | $36,989 | $200K | $381K | $21K |
| 2023 | 176 | $5.9M | $33,358 | $199K | $405K | $16K |
| 2022 | 114 | $4.8M | $41,798 | $141K | $326K | $15K |
| 2021 | 114 | $5.9M | $51,386 | $143K | $327K | $19K |
| 2020 | 114 | $5.6M | $49,298 | $140K | $307K | $0 |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$5,870,548
- Employer contributions$199,975
- Participant contributions$380,525
- Rollovers and other contributions—
- Total contributions$580,500
- Total income, including investment results$1,315,915
- Benefits paid$116,327
- Administrative expenses$42,128
- Total expenses$158,455
- Net income$1,157,460
- Net transfers$0
- Net assets, end of year$7,028,008
Participants
- Active participants112
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits78
- Participants with account balances165
- Total participants, end of year190
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| LPL Financial LLC | Investment advisory (participants) | $16,337 | $0 |
| BENEFITS2 Administrators LLC | Contract Administrator | $4,295 | $0 |
| John Hancock Life Insurance Co. | Recordkeeping and information management; Investment management | $446 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Recordkeeping fees$21,496
- Investment advisory and management fees$16,337
- Contract administrator fees$4,295
- Total administrative expenses$42,128
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Pooled separate accounts$7.0M · 99.4%
- Participant loans$36K · 0.5%
- Cash (interest and non-interest bearing)$8,881 · 0.1%
- Receivables$923 · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmBaker Tilly US, LLP
- Participant contributions reported as transmitted lateYes, $923
- Covered by a fidelity bondYes, $500,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2EProfit-sharing plan2JCode section 401(k) feature2KCode section 401(m) arrangement2FERISA section 404(c) plan2GTotal participant-directed account plan3DPre-approved pension plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 111300: Fruit & Tree Nut Farming.
Similar plans in Washington
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Awss 401(k) Retirement Plan | AG World Group, Inc. | 220 | — | — |
| Callisons, Inc. Employee Incentive Savings Plan | Callisons, Inc. | 172 | $31.2M | $181,585 |
| Aero-Flite 401(k) Plan | Aero-Flite, Inc. | 242 | $18.6M | $76,916 |
| Lad Irrigation Company Employee Stock Ownership Plan | Lad Irrigation Company, Inc. | 170 | $15.0M | $88,235 |
| Blue Bird, Inc. Capital Accumulation Plan | Blue Bird, Inc. | 277 | $4.8M | $17,471 |
| Matson Fruit Company Profit Sharing Plan | Matson Fruit Company | 166 | $9.6M | $57,781 |
Defined contribution plans in agriculture, forestry, fishing and hunting closest in size.
Questions and answers
How big is Kyle Mathison Orchards, Inc. 401(k) Savings Plan and Trust?
190 participants at the end of the plan year ending 31 Dec 2024, of whom 112 were active employees, with net assets of $7,028,008. Among defined contribution plans that places it in the 100 to 249 participants band, which held 21,996 plans in plan year 2024.
What does Kyle Mathison Orchards, Inc. contribute per participant?
The filing reports $199,975 in employer contributions for the year, which is $1,785 per active participant; the median for plans of the same type and size was $2,447 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $21,078 in compensation to service provider organisations, $111 per participant or 0.30% of net assets. The same-size median among plans reporting any Schedule C compensation was $194 per participant. Administrative expenses on Schedule H were $42,128. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Kyle Mathison Orchards, Inc.. Recordkeeping or administration: BENEFITS2 Administrators LLC and John Hancock Life Insurance Co.. Investment advisory or management: LPL Financial LLC and John Hancock Life Insurance Co.. The financial statements were audited by Baker Tilly US, LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 25 Sep 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 91-1473671, plan 001, received 25 Sep 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.