Retirement plan

WELCH FOODS INC. AND NATIONAL GRAPE CO-OPERATIVE ASSOCIATION, INC. PENSION PLAN FOR NON UNION EMPLOYEES

Name: WELCH FOODS, INC., A COOPERATIVE - WELCH FOODS INC. AND NATIONAL GRAPE CO-OPERATIVE ASSOCIATION, INC. PENSION PLAN FOR NON UNION EMPLOYEES (2017) Form 5500
Creator: WELCH FOODS, INC., A COOPERATIVE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WELCH FOODS INC. AND NATIONAL GRAPE CO-OPERATIVE ASSOCIATION, INC. PENSION PLAN FOR NON UNION EMPLOYEES, WELCH FOODS, INC., A COOPERATIVE

WELCH FOODS, INC., A COOPERATIVEEIN 16-0998906Plan #001PY 2017

300 BAKER AVENUE, SUITE 101 - CONCORD, MA 01742978-371-1000LinkedIn1001-5000 employeesfood production

Other plans on this EIN

3 filings

#007Retirement-$93.2M assets #006Retirement-$20.0M assets #008Retirement-$1.7M assets

Prospect flagsHigh retiree %

How to read this page

Total assets (EOY)

$83.6M

+8.8% from 2016

Total participants

998

-2.0% from 2016

Average account balance

No prior year

Annual return

10.96%

+7.29 pp from 2016

Benchmarks

See 94 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined benefit

Participants100-249

Cohort94 peers

Snapshot2017

See peer percentile detail. $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.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.91M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-98.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

See the 4-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.

Start for $4.99 See plans

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.

Enrolled actuary

1 attachment

See 1 actuary disclosure. $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.

Start for $4.99 See plans

Plan features & details

Pension benefit codes1A

Plan features

1A
Benefits are primarily pay related
Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).

Opportunity flags

1 tripped

InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$1.1M

$5797 / participant

Investment mgmt$212K19.7%
Other / not subdivided$866K80.3%

% of EOY assets

1.290%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BOIVIN & ASSOCIATES, CPAS, PLLC
Auditor EIN: 271516157
Audit fees: (not subdivided)
Opinion code: Disclaimer

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,091-100.0%

$107,664-100.0%

$44,091-100.0%

Participation rate

0.0%

0.0%0pp

10.0%-10.0pp

4.5%-4.5pp

Annual return

10.96%

12.12%-1.2pp

337.46%-326.5pp

13.95%-3.0pp

Employer contribution / active EE

$16,388

$13,419+22.1%

$20,191-18.8%

$16,598-1.3%

Participant deferral / active EE

$14-100.0%

$30-100.0%

$511-100.0%

Admin fee / account holder

$612-100.0%

$1,663-100.0%

$612-100.0%

WELCH FOODS INC. AND NATIONAL GRAPE CO-OPERATIVE ASSOCIATION, INC. PENSION PLAN FOR NON UNION EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WELCH FOODS INC. AND NATIONAL GRAPE CO-OPERATIVE ASSOCIATION, INC. PENSION PLAN FOR NON UNION EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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