Firstfruits Holdco, LLC 401(k) Review & Grade
Firstfruits Holdco 401(k) Plan
Prescott, WAAgriculture, Forestry, Fishing & Hunting1,954 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$212Employer $ per active participant
$318Employee $ saved per active participant
0.13%Direct admin cost, % of plan assets
$10.8MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity6.4 / 5013th percentile for employer $ per participant
- Low cost16.6 / 2566th percentile for low admin cost vs. same-size plans
- Employee saving0.6 / 154th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score24 / 100 · Grade F
This plan vs. peers
Peers: Agriculture, Forestry, Fishing & Hunting plans with 500–2,499 active participants (118 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 13th |
| Lower admin cost | 66th |
| Employee saving | 4th |
| Peers that auto-enroll | 36% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
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
- Firstfruits Holdco put in about $212 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 | $413,327 |
| Participant (employee) contributions | $621,913 |
| Other contributions (incl. rollovers in) | $45,056 |
| Administrative expenses paid from the plan | $13,483 |
| Benefits paid out | $514,700 |
| Net assets, start / end of year | $9.3M / $10.8M |
| Active participants, start / end of year | 2,379 / 1,529 |
| Participants with account balances | 216 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Northwest CPA Group, PLLC |
Largest service providers (Schedule C)
| Randall and Hurley, Inc. | $7,838 reported compensation |
| Matrix Trust Company | $5,645 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013143320NAL0000722147001, received 2025-10-13, EIN 83-2796740, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.