Retirement plan

PRIDES CORNER FARMS, INC. EMPLOYEES PROFIT SHARING PLAN

Name: PRIDES CORNER FARMS, INC. - PRIDES CORNER FARMS, INC. EMPLOYEES PROFIT SHARING PLAN (2025) Form 5500
Creator: PRIDES CORNER FARMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PRIDES CORNER FARMS, INC. EMPLOYEES PROFIT SHARING PLAN, PRIDES CORNER FARMS, INC.

PRIDES CORNER FARMS, INC.EIN 06-0952438Plan #001PY 2025

122 WATERMAN ROAD - LEBANON, CT 06249860-642-7535LinkedIn1-10 employeeswholesale

Prospect flagsHigh feesLow participationLow employer contribution

How to read this page

Total assets (EOY)

$10.8M

+20.2% from 2024

Total participants

648

+2.5% from 2024

Average account balance

$40,437

+17.0% from 2024

Annual return

14.55%

+5.50 pp from 2024

Benchmarks

See 103 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants250-999

Cohort103 peers

Snapshot2025

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$10.84M

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

268

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.

38.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$904K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+14.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$416

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE4 years Filed as: EMPOWER ANNUITY INS. CO. OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOD VILLAGE, CO 80111	Recordkeeping Fees	$42,713
SMITH & HOWARD, PC3 years Filed as: SMITH BROTHERS FINANCIAL LLC Service code 27 68 NATIONAL DRIVE · GLASTONBURY, CT 06033	Advisory (Plan)	$24,756
ADP BROKER-DEALER11+ years Filed as: PENSION CONSULTANTS INC Service code 13	Contract Administrator	$9,374
ADP BROKER-DEALER7 years Filed as: PENSION CONSULTANTS INC. Service code 13 74 BATTERSON PARK ROAD · FARMINGTON, CT 06032	Contract Administrator	$7,080
GREAT-WEST LIFE & ANNUITY INSURANCE4 years Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$5,169

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$111K

$181 / participant

Recordkeeping$111K100.0%

% of EOY assets

1.028%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: CLIFTON LARSON ALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,437

$216,711-81.3%

$136,749-70.4%

$85,563-52.7%

Participation rate

38.3%

51.7%-13.4pp

72.1%-33.8pp

66.0%-27.7pp

Annual return

14.55%

15.26%-0.7pp

24.33%-9.8pp

31.51%-17.0pp

Employer contribution / active EE

$214

$1,660-87.1%

$3,400-93.7%

$2,654-91.9%

Participant deferral / active EE

$1,254

$2,635-52.4%

$4,692-73.3%

$4,375-71.3%

Admin fee / account holder

$416

$1,223-66.0%

$11,386-96.3%

$834-50.2%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE4 years

Filed as: EMPOWER ANNUITY INS. CO. OF AMERICA

Service code 64

8515 EAST ORCHARD ROAD · GREENWOD VILLAGE, CO 80111

Recordkeeping Fees

$42,713

SMITH & HOWARD, PC3 years

Filed as: SMITH BROTHERS FINANCIAL LLC

Service code 27

68 NATIONAL DRIVE · GLASTONBURY, CT 06033

Advisory (Plan)

$24,756

ADP BROKER-DEALER11+ years

Filed as: PENSION CONSULTANTS INC

Service code 13

Contract Administrator

$9,374

ADP BROKER-DEALER7 years

Filed as: PENSION CONSULTANTS INC.

Service code 13

74 BATTERSON PARK ROAD · FARMINGTON, CT 06032

Contract Administrator

$7,080

GREAT-WEST LIFE & ANNUITY INSURANCE4 years

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$5,169

PRIDES CORNER FARMS, INC. EMPLOYEES PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRIDES CORNER FARMS, INC. EMPLOYEES 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