Retirement plan

HOLSTEIN ASSOCIATION USA, INC. RETIREMENT SAVINGS PLAN

Name: HOLSTEIN ASSOCIATION USA, INC. - HOLSTEIN ASSOCIATION USA, INC. RETIREMENT SAVINGS PLAN (2023) Form 5500
Creator: HOLSTEIN ASSOCIATION USA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOLSTEIN ASSOCIATION USA, INC. RETIREMENT SAVINGS PLAN, HOLSTEIN ASSOCIATION USA, INC.

HOLSTEIN ASSOCIATION USA, INC.EIN 03-0130760Plan #002PY 2023

P.O. BOX 808 - BRATTLEBORO, VT 053020808802-254-4551holsteinusa.comLinkedIn51-200 employeesdairy

Other plans on this EIN

1 filing

#001Retirement-$12.3M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$22.3M

+10.7% from 2022

Total participants

131

+8.3% from 2022

Average account balance

$201,030

+8.7% from 2022

Annual return

16.67%

+33.65 pp from 2022

Benchmarks

See 9,806 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort9,806 peers

Snapshot2023

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$25.25M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$218K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

116

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

83.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$832K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.00%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$35

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
TRG INVESTMENT ADVISORS, LLC3 years Filed as: TRG INVESTMENT ADVISORS LLC Service code 27 · EIN 03-0215988	Advisory (Plan)	$22,561
GALLAGHER FIDUCIARY ADVISORS, LLC2 years Filed as: GALLAGHER, FLYNN & COMPANY, LLP Service code 10 · EIN 03-0225774	Accounting	$7,600
FIDELITY INVESTMENTS INSTITUTIONAL9+ years Service code 60 · EIN 04-2647786	Sub-TA Fees	-$29,850

Plan features & details

Pension benefit codes2E2F2G2J2T3H3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$311

$3 / participant

Other / not subdivided$311100.0%

% of EOY assets

0.001%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GALLAGHER, FLYNN & CO.
Auditor EIN: 030225774
Audit fees: $7,600
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$201,030

$57,330+250.7%

$86,656+132.0%

$75,177+167.4%

Participation rate

78.5%

63.2%+15.3pp

71.7%+6.8pp

67.2%+11.3pp

Annual return

16.67%

2675.40%-2658.7pp

593.09%-576.4pp

160.75%-144.1pp

Employer contribution / active EE

$2,774

$2,316+19.7%

$3,025-8.3%

$2,671+3.8%

Participant deferral / active EE

$4,904

$3,320+47.7%

$4,439+10.5%

$4,126+18.8%

Admin fee / account holder

$4,115-99.9%

$5,619-100.0%

$5,651-100.0%

Provider

Service type

Compensation

TRG INVESTMENT ADVISORS, LLC3 years

Filed as: TRG INVESTMENT ADVISORS LLC

Service code 27 · EIN 03-0215988

Advisory (Plan)

$22,561

GALLAGHER FIDUCIARY ADVISORS, LLC2 years

Filed as: GALLAGHER, FLYNN & COMPANY, LLP

Service code 10 · EIN 03-0225774

Accounting

$7,600

FIDELITY INVESTMENTS INSTITUTIONAL9+ years

Service code 60 · EIN 04-2647786

Sub-TA Fees

-$29,850

HOLSTEIN ASSOCIATION USA, INC. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOLSTEIN ASSOCIATION USA, INC. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion