Retirement plan

ONCE AGAIN NUT BUTTER 401(K) PLAN

Name: ONCE AGAIN NUT BUTTER COLLECTIVE, INC. - ONCE AGAIN NUT BUTTER 401(K) PLAN (2018) Form 5500
Creator: ONCE AGAIN NUT BUTTER COLLECTIVE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ONCE AGAIN NUT BUTTER 401(K) PLAN, ONCE AGAIN NUT BUTTER COLLECTIVE, INC.

ONCE AGAIN NUT BUTTER COLLECTIVE, INC.EIN 16-1129767Plan #003PY 2018

PO BOX 429 - NUNDA, NY 145170479585-468-2535onceagainnutbutter.comLinkedIn51-200 employeesfood production

Other plans on this EIN

1 filing

#002Retirement-$21.8M assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$3.2M

+114.3% from 2015

Total participants

+22.0% from 2015

Average account balance

$43,769

+75.6% from 2015

Annual return

12.60%

+13.22 pp from 2015

Benchmarks

See 2,389 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort2,389 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.23M

Not enough data

1 years with asset history on file

Average account balance

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

$89K

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.

122.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$654K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+13.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8464

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 codes2F2G2J2T3D

Plan features

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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$229K

$3412 / participant

Other / not subdivided$229K100.0%

% of EOY assets

7.254%

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

$43,769

$54,162-19.2%

$68,612-36.2%

$64,173-31.8%

Participation rate

100.0%

68.1%+31.9pp

72.2%+27.8pp

69.6%+30.4pp

Annual return

12.60%

-1.62%+14.2pp

-4.63%+17.2pp

7.63%+5.0pp

Employer contribution / active EE

$1,800

$1,846-2.5%

$2,625-31.4%

$2,381-24.4%

Participant deferral / active EE

$2,295

$2,626-12.6%

$3,311-30.7%

$3,470-33.9%

Admin fee / account holder

$3,175

$4,029-21.2%

$5,131-38.1%

$4,887-35.0%

ONCE AGAIN NUT BUTTER 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ONCE AGAIN NUT BUTTER 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