Retirement plan

HIGH SPIRIT EQUINE PRODUCTS LLC 401(K) PROFIT SHARING PLAN

Name: HIGH SPIRIT EQUINE PRODUCTS LLC - HIGH SPIRIT EQUINE PRODUCTS LLC 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: HIGH SPIRIT EQUINE PRODUCTS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HIGH SPIRIT EQUINE PRODUCTS LLC 401(K) PROFIT SHARING PLAN, HIGH SPIRIT EQUINE PRODUCTS LLC

HIGH SPIRIT EQUINE PRODUCTS LLCEIN 11-3775236Plan #001PY 2022

1 CLEVELAND STREET, STE 800 - GORDONSVILLE, VA 22942800-686-4544biostareq.comLinkedIn1-10 employees

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$409K

-13.9% from 2021

Total participants

+17.6% from 2021

Average account balance

$22,701

-23.5% from 2021

Annual return

-21.02%

-33.23 pp from 2021

Benchmarks

See 4,136 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort4,136 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$523K

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

153.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$51K

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

+9.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3665

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 codes2E2F2J2T3B3D

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).
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$5K

$365 / participant

Other / not subdivided$5K100.0%

% of EOY assets

1.251%

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

$22,701

$88,585-74.4%

$69,884-67.5%

$134,532-83.1%

Participation rate

85.7%

74.9%+10.8pp

70.5%+15.2pp

81.2%+4.5pp

Annual return

-21.02%

442.80%-463.8pp

190.81%-211.8pp

418.27%-439.3pp

Employer contribution / active EE

$1,433

$3,235-55.7%

$2,560-44.0%

$4,741-69.8%

Participant deferral / active EE

$1,339

$4,770-71.9%

$3,848-65.2%

$6,401-79.1%

Admin fee / account holder

$284

$10,441-97.3%

$6,266-95.5%

$11,429-97.5%

HIGH SPIRIT EQUINE PRODUCTS LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HIGH SPIRIT EQUINE PRODUCTS LLC 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