Retirement plan

CLINTON'S DITCH TRANSPORTATION DEPARTMENT PROFIT SHARING AND 401(K) PLAN

Name: CLINTONS DITCH COOPERATIVE COMPANY, INC. - CLINTON'S DITCH TRANSPORTATION DEPARTMENT PROFIT SHARING AND 401(K) PLAN (2021) Form 5500
Creator: CLINTONS DITCH COOPERATIVE COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CLINTON'S DITCH TRANSPORTATION DEPARTMENT PROFIT SHARING AND 401(K) PLAN, CLINTONS DITCH COOPERATIVE COMPANY, INC.

CLINTONS DITCH COOPERATIVE COMPANY, INC.EIN 16-0926423Plan #006PY 2021

8478 PARDEE ROAD - CICERO, NY 13039315-699-2695LinkedIn51-200 employeesrestaurants

Other plans on this EIN

3 filings

#005Retirement-$12.1M assets #003Retirement-$8.7M assets #001Retirement-$5.6M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4M

+17.5% from 2020

Total participants

+5.9% from 2020

Average account balance

$66,341

+13.6% from 2020

Annual return

18.12%

+5.42 pp from 2020

Benchmarks

See 2,400 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort2,400 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.96M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

128.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$342K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+18.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2026

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 codes2E2F2G2J3D

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.
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

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

$288K

$5541 / participant

Other / not subdivided$288K100.0%

% of EOY assets

7.238%

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

$66,341

$68,681-3.4%

$86,625-23.4%

$85,851-22.7%

Participation rate

76.9%

66.4%+10.6pp

71.6%+5.3pp

69.3%+7.6pp

Annual return

18.12%

20.12%-2.0pp

63.52%-45.4pp

318.63%-300.5pp

Employer contribution / active EE

$1,834

$1,880-2.5%

$2,496-26.5%

$2,565-28.5%

Participant deferral / active EE

$3,301

$2,919+13.1%

$3,700-10.8%

$3,952-16.5%

Admin fee / account holder

$4,802

$5,974-19.6%

$5,830-17.6%

$6,261-23.3%

CLINTON'S DITCH TRANSPORTATION DEPARTMENT PROFIT SHARING AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CLINTON'S DITCH TRANSPORTATION DEPARTMENT PROFIT SHARING AND 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