Retirement plan

STONERIDGE MEAT & COUNTRY MARKET, INC. RETIREMENT PLAN

Name: STONERIDGE MEAT & COUNTRY MARKET, INC. - STONERIDGE MEAT & COUNTRY MARKET, INC. RETIREMENT PLAN (2023) Form 5500
Creator: STONERIDGE MEAT & COUNTRY MARKET, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STONERIDGE MEAT & COUNTRY MARKET, INC. RETIREMENT PLAN, STONERIDGE MEAT & COUNTRY MARKET, INC.

STONERIDGE MEAT & COUNTRY MARKET, INC.EIN 20-1272774Plan #001PY 2023

975 E MAIN ST - WAUTOMA, WI 54982920-787-5444stoneridgemarket.comLinkedIn51-200 employeesretail

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$4.2M

+15.9% from 2022

Total participants

230

+0.9% from 2022

Average account balance

$25,771

+6.0% from 2022

Annual return

18.17%

+36.48 pp from 2022

Benchmarks

See 2,285 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,285 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.09M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

176

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.

55.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$603K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+14.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$144

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 3 by compensation

Provider	Service type	Compensation
EDWARD JONES5 years Service code 27	Advisory (Plan)	$19,553
ADP BROKER-DEALER5 years Filed as: PENSION CONSULTANTS CO., INC. Service code 49 · EIN 39-1894140	Other Services	$1,800
AMERICAN FUNDS5 years Filed as: CAPITAL GROUP RETIREMENT PLAN SVC Service code 28 · EIN 34-6903863	Investment Management	$800

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$22K

$118 / participant

Investment mgmt$20K88.3%
Contract admin$3K11.7%

% of EOY assets

0.524%

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: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,771

$54,717-52.9%

$86,216-70.1%

$71,511-64.0%

Participation rate

64.9%

60.1%+4.8pp

69.0%-4.1pp

67.9%-3.0pp

Annual return

18.17%

20.07%-1.9pp

1169.42%-1151.2pp

28.86%-10.7pp

Employer contribution / active EE

$1,024

$1,267-19.2%

$2,382-57.0%

$2,589-60.4%

Participant deferral / active EE

$1,940

$3,110-37.6%

$3,986-51.3%

$4,291-54.8%

Admin fee / account holder

$135

$1,922-93.0%

$6,853-98.0%

$1,588-91.5%

Provider

Service type

Compensation

EDWARD JONES5 years

Service code 27

Advisory (Plan)

$19,553

ADP BROKER-DEALER5 years

Filed as: PENSION CONSULTANTS CO., INC.

Service code 49 · EIN 39-1894140

Other Services

$1,800

AMERICAN FUNDS5 years

Filed as: CAPITAL GROUP RETIREMENT PLAN SVC

Service code 28 · EIN 34-6903863

Investment Management

$800

STONERIDGE MEAT & COUNTRY MARKET, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STONERIDGE MEAT & COUNTRY MARKET, INC. RETIREMENT 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