Retirement plan

PHOENIX FEEDS & NUTRITION, INC. 401(K) PROFIT SHARING PLAN

Name: PHOENIX FEEDS & NUTRITION, INC. - PHOENIX FEEDS & NUTRITION, INC. 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: PHOENIX FEEDS & NUTRITION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PHOENIX FEEDS & NUTRITION, INC. 401(K) PROFIT SHARING PLAN, PHOENIX FEEDS & NUTRITION, INC.

PHOENIX FEEDS & NUTRITION, INC.EIN 03-0370109Plan #001PY 2022

5482 ETHAN ALLEN HIGHWAY, P.O. BOX 36 - NEW HAVEN, VT 05472802-453-6684phoenixfeeds.netLinkedIn51-200 employeesdairy

Other plans on this EIN

1 filing

#002Retirement-$7.6M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4M

-16.3% from 2021

Total participants

-6.8% from 2021

Average account balance

$64,812

-5.5% from 2021

Annual return

-16.15%

-33.41 pp from 2021

Benchmarks

See 2,538 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort2,538 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.97M

Not enough data

1 years with asset history on file

Average account balance

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

$73K

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.

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.

139.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$519K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+38.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1702

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$255K

$5677 / participant

Other / not subdivided$255K100.0%

% of EOY assets

6.358%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$64,812

$53,546+21.0%

$69,890-7.3%

$68,490-5.4%

Participation rate

84.4%

64.5%+19.9pp

70.5%+14.0pp

67.9%+16.5pp

Annual return

-16.15%

-13.87%-2.3pp

190.84%-207.0pp

-7.85%-8.3pp

Employer contribution / active EE

$2,019-100.0%

$2,560-100.0%

$2,597-100.0%

Participant deferral / active EE

$5,056

$2,957+71.0%

$3,848+31.4%

$4,028+25.5%

Admin fee / account holder

$4,121

$4,693-12.2%

$6,267-34.2%

$5,403-23.7%

PHOENIX FEEDS & NUTRITION, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PHOENIX FEEDS & NUTRITION, INC. 401(K) PROFIT SHARING 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