Retirement plan

SPENCER AG CENTER LLC 401(K) & PROFIT SHARING PLAN

Name: SPENCER AG CENTER LLC - SPENCER AG CENTER LLC 401(K) & PROFIT SHARING PLAN (2016) Form 5500
Creator: SPENCER AG CENTER LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SPENCER AG CENTER LLC 401(K) & PROFIT SHARING PLAN, SPENCER AG CENTER LLC

SPENCER AG CENTER LLCEIN 16-1727722Plan #001PY 2016

1901 EAST 8TH STREET - SPENCER, IA 51301712-262-5552spenceragcenter.comLinkedIn1-10 employeesveterinary

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.7M

+27.0% from 2015

Total participants

-3.6% from 2015

Average account balance

$82,816

+14.9% from 2015

Annual return

14.08%

+18.10 pp from 2015

Benchmarks

See 1,668 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants25-99

Cohort1,668 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.50M

Not enough data

1 years with asset history on file

Average account balance

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

$103K

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.

109.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$181K

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

+10.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4659

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 codes2E2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

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

$82,816

$51,708+60.2%

$106,619-22.3%

$62,881+31.7%

Participation rate

76.9%

66.9%+10.0pp

78.0%-1.1pp

69.3%+7.6pp

Annual return

14.08%

4.69%+9.4pp

9.42%+4.7pp

20.14%-6.1pp

Employer contribution / active EE

$2,345

$1,764+33.0%

$3,947-40.6%

$2,281+2.8%

Participant deferral / active EE

$4,452

$2,315+92.3%

$3,930+13.3%

$3,203+39.0%

Admin fee / account holder

$3,349-100.0%

$6,418-100.0%

$4,296-100.0%

SPENCER AG CENTER LLC 401(K) & PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

SPENCER AG CENTER LLC 401(K) & PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion