Dick Peixoto Company 401(k) Review & Grade
Dick Peixoto Company 401(k) Profit Sharing Plan
Watsonville, CAAgriculture, Forestry, Fishing & Hunting518 active participantsPlan year 2024
Estimate from the plan's Form 5500-SF filing · How we grade
$215Employer $ per active participant
$453Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$4.6MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity6.8 / 5014th percentile for employer $ per participant
- Low cost20.7 / 2583th percentile for low admin cost vs. same-size plans
- Employee saving1.3 / 159th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score29 / 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 | 14th |
| Lower admin cost | 83th |
| Employee saving | 9th |
| 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
- Dick Peixoto put in about $215 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 | $111,724 |
| Participant (employee) contributions | $234,922 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $2,865 |
| Benefits paid out | $322,899 |
| Net assets, start / end of year | $4.1M / $4.6M |
| Active participants, start / end of year | 543 / 494 |
| Participants with account balances | 106 |
| Auto-enrollment (feature code 2S) | Not reported |
Source: DOL EFAST2 Form 5500-SF filing, acknowledgment ID 20250715124348NAL0002082833004, received 2025-07-15, EIN 94-2415794, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.