Retirement plan

ALL AMERICAN DAIRY PRODUCTS, INC. 401(K) PROFIT SHARING PLAN

Name: ALL AMERICAN DAIRY PRODUCTS, INC. - ALL AMERICAN DAIRY PRODUCTS, INC. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: ALL AMERICAN DAIRY PRODUCTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALL AMERICAN DAIRY PRODUCTS, INC. 401(K) PROFIT SHARING PLAN, ALL AMERICAN DAIRY PRODUCTS, INC.

ALL AMERICAN DAIRY PRODUCTS, INC.EIN 04-3592194Plan #001PY 2024

35 THOUSAND OAKS BOULEVARD - MORGANTOWN, PA 19543610-286-0640aadpi.comLinkedIn1-10 employeesconsumer services

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$4.5M

+26.5% from 2023

Total participants

167

-9.2% from 2023

Average account balance

$36,019

+40.8% from 2023

Annual return

14.50%

-2.55 pp from 2023

Benchmarks

See 940 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort940 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.47M

Not enough data

1 years with asset history on file

Average account balance

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

$36K

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.

124

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.

72.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$692K

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

+14.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$83

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 6 by compensation

Provider	Service type	Compensation
ATLANTIC PENSION SERVICES, INC.4 years Service code 14 · EIN 23-2942715 511 SCHOOL HOUSE ROAD · KENNETT SQUARE, PA 193481915	Plan Administrator	$4,236
IRON-CO-FID-COMPREHENSIVE4 years Filed as: IRON-CO-FID--COMPREHENSIVE Service code 13 · EIN 26-2409128 5440 W 110TH ST · SHAWNEE MISSION, KS 66211	Contract Administrator	$2,345
NATIONWIDE4 years Service code 15 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$586
NATIONWIDE4 years Filed as: NATIONWIDE LIFE INSURANCE COMPANY Service code 23 · EIN 31-4156830 10 W NATIONWIDE BLVD 5-05-111V · COLUMBUS, OH 43215	Insurance services	$586
MASSACHUSETTS MUTUAL LIFE INS. CO.4 years Filed as: MML INSURANCE AGENCY, LLC Service code 23 · EIN 04-1590850 PO BOX 9500 · SPRINGFIELD, MA 011028089	Insurance services	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.4 years Filed as: MML INVESTORS SERVICES, LLC Service code 28 · EIN 04-2746212 PO BOX 9500 · SPRINGFIELD, MA 011028089	Investment Management	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2K2T3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

$10K

$67 / participant

Other trustee fees$10K100.0%

% of EOY assets

0.231%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SCOTT L FRANKENFIELD CPA PLLC
Auditor EIN: 814852551
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$36,019

$62,166-42.1%

$81,286-55.7%

$74,429-51.6%

Participation rate

72.1%

64.1%+8.0pp

69.5%+2.6pp

67.2%+4.9pp

Annual return

14.50%

16.50%-2.0pp

24.80%-10.3pp

1368.38%-1353.9pp

Employer contribution / active EE

$1,658

$1,881-11.8%

$2,463-32.7%

$2,625-36.8%

Participant deferral / active EE

$2,832

$3,223-12.1%

$3,883-27.1%

$4,348-34.9%

Admin fee / account holder

$83

$1,925-95.7%

$5,764-98.6%

$1,944-95.7%

Provider

Service type

Compensation

ATLANTIC PENSION SERVICES, INC.4 years

Service code 14 · EIN 23-2942715

511 SCHOOL HOUSE ROAD · KENNETT SQUARE, PA 193481915

Plan Administrator

$4,236

IRON-CO-FID-COMPREHENSIVE4 years

Filed as: IRON-CO-FID--COMPREHENSIVE

Service code 13 · EIN 26-2409128

5440 W 110TH ST · SHAWNEE MISSION, KS 66211

Contract Administrator

$2,345

NATIONWIDE4 years

Service code 15 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$586

NATIONWIDE4 years

Filed as: NATIONWIDE LIFE INSURANCE COMPANY

Service code 23 · EIN 31-4156830

10 W NATIONWIDE BLVD 5-05-111V · COLUMBUS, OH 43215

Insurance services

$586

MASSACHUSETTS MUTUAL LIFE INS. CO.4 years

Filed as: MML INSURANCE AGENCY, LLC

Service code 23 · EIN 04-1590850

PO BOX 9500 · SPRINGFIELD, MA 011028089

Insurance services

MASSACHUSETTS MUTUAL LIFE INS. CO.4 years

Filed as: MML INVESTORS SERVICES, LLC

Service code 28 · EIN 04-2746212

PO BOX 9500 · SPRINGFIELD, MA 011028089

Investment Management

ALL AMERICAN DAIRY PRODUCTS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALL AMERICAN DAIRY PRODUCTS, 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