Retirement plan

FUJI VEGETABLE OIL, INC. 401(K) PLAN

Name: FUJI VEGETABLE OIL, INC. - FUJI VEGETABLE OIL, INC. 401(K) PLAN (2020) Form 5500
Creator: FUJI VEGETABLE OIL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FUJI VEGETABLE OIL, INC. 401(K) PLAN, FUJI VEGETABLE OIL, INC.

FUJI VEGETABLE OIL, INC.EIN 13-3412062Plan #001PY 2020

120 BRAMPTON ROAD - SAVANNAH, GA 31408912-508-0176fujioilusa.comLinkedIn51-200 employeesfood production

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$19.9M

+9.3% from 2019

Total participants

147

+2.8% from 2019

Average account balance

$135,431

+6.3% from 2019

Annual return

8.54%

-8.42 pp from 2019

Benchmarks

See 936 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort936 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$30.34M

Not enough data

1 years with asset history on file

Average account balance

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

$149K

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.

204

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.

98.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.07M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+10.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$668

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
UNIFIED TRUST COMPANY, N.A.6+ years Service code 13 · EIN 61-1256314	Contract Administrator	$56,784
JACOBS, COOLIDGE & COMPANY, LLC5 years Service code 27 4355 CORAL PARK DRIVE · BRUNSWICK, GA 31520	Advisory (Plan)	$34,574

Plan features & details

Pension benefit codes2E2F2G2J2R2S2T3D3H

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$91K

$687 / participant

Investment mgmt$35K37.8%
Contract admin$57K62.2%

% of EOY assets

0.459%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: HOLLAND, BROMLEY, BARNHILL & BRETT
Auditor EIN: 581941470
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$135,431

$54,590+148.1%

$81,726+65.7%

$73,497+84.3%

Participation rate

100.0%

68.3%+31.7pp

72.0%+28.0pp

70.7%+29.3pp

Annual return

8.54%

17.74%-9.2pp

29.49%-21.0pp

28.51%-20.0pp

Employer contribution / active EE

$10,012

$1,636+512.0%

$4,311+132.2%

$2,270+341.0%

Participant deferral / active EE

$6,170

$2,759+123.7%

$7,108-13.2%

$3,740+65.0%

Admin fee / account holder

$621

$592+5.0%

$5,160-88.0%

$513+21.1%

Provider

Service type

Compensation

UNIFIED TRUST COMPANY, N.A.6+ years

Service code 13 · EIN 61-1256314

Contract Administrator

$56,784

JACOBS, COOLIDGE & COMPANY, LLC5 years

Service code 27

4355 CORAL PARK DRIVE · BRUNSWICK, GA 31520

Advisory (Plan)

$34,574

FUJI VEGETABLE OIL, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FUJI VEGETABLE OIL, 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