Retirement plan

BARTLETT'S OCEAN VIEW FARM, INC. 401(K) PLAN

Name: BARTLETTS OCEAN VIEW FARM, INC. - BARTLETT'S OCEAN VIEW FARM, INC. 401(K) PLAN (2022) Form 5500
Creator: BARTLETTS OCEAN VIEW FARM, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BARTLETT'S OCEAN VIEW FARM, INC. 401(K) PLAN, BARTLETTS OCEAN VIEW FARM, INC.

BARTLETTS OCEAN VIEW FARM, INC.EIN 04-3405590Plan #001PY 2022

33 BARTLETT FARM ROAD - NANTUCKET, MA 02554508-228-9403

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$885K

-5.2% from 2021

Total participants

+5.7% from 2021

Average account balance

$52,043

+0.4% from 2021

Annual return

-17.81%

-33.13 pp from 2021

Benchmarks

See 9,445 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,445 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.31M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

64.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$150K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7701

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 codes2E2F2G2J3D

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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$2K

$65 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.228%

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

$52,043

$59,813-13.0%

$79,580-34.6%

$68,486-24.0%

Participation rate

35.5%

61.1%-25.6pp

69.5%-34.0pp

67.9%-32.4pp

Annual return

-17.81%

-12.30%-5.5pp

0.15%-18.0pp

-7.85%-10.0pp

Employer contribution / active EE

$1,461

$1,505-3.0%

$2,413-39.5%

$2,597-43.7%

Participant deferral / active EE

$2,400

$3,024-20.6%

$3,985-39.8%

$4,028-40.4%

Admin fee / account holder

$119

$4,835-97.5%

$6,835-98.3%

$5,404-97.8%

BARTLETT'S OCEAN VIEW FARM, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BARTLETT'S OCEAN VIEW FARM, INC. 401(K) 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