Retirement plan

FUJI VEGETABLE OIL, INC. 401(K) PLAN

Name: FUJI VEGETABLE OIL, INC. - FUJI VEGETABLE OIL, INC. 401(K) PLAN (2021) 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 2021

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

Prospect flagsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$24.1M

+21.2% from 2020

Total participants

189

+28.6% from 2020

Average account balance

$127,655

-5.7% from 2020

Annual return

17.44%

+8.89 pp from 2020

Benchmarks

See 946 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort946 peers

Snapshot2021

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

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
AMERICAN REALTY ADVISORS1 year Filed as: AMERICAN TRUST COMPANY Service code 13 · EIN 62-0951563	Contract Administrator	$62,306
JACOBS, COOLIDGE & COMPANY, LLC6 years Service code 27 4355 CORAL PARK DRIVE · BRUNSWICK, GA 31520	Advisory (Plan)	$41,669

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.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$104K

$619 / participant

Investment mgmt$42K40.1%
Contract admin$62K59.9%

% of EOY assets

0.431%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$127,655

$59,584+114.2%

$86,615+47.4%

$79,391+60.8%

Participation rate

100.0%

67.7%+32.3pp

71.6%+28.4pp

70.7%+29.3pp

Annual return

17.44%

23.15%-5.7pp

63.51%-46.1pp

116.88%-99.4pp

Employer contribution / active EE

$9,462

$1,768+435.3%

$2,496+279.1%

$2,428+289.7%

Participant deferral / active EE

$5,793

$3,036+90.8%

$3,699+56.6%

$4,046+43.2%

Admin fee / account holder

$550

$604-8.9%

$5,830-90.6%

$627-12.2%

Provider

Service type

Compensation

AMERICAN REALTY ADVISORS1 year

Filed as: AMERICAN TRUST COMPANY

Service code 13 · EIN 62-0951563

Contract Administrator

$62,306

JACOBS, COOLIDGE & COMPANY, LLC6 years

Service code 27

4355 CORAL PARK DRIVE · BRUNSWICK, GA 31520

Advisory (Plan)

$41,669

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