Retirement plan

CARIBBEAN NATURAL PRODUCTS 401K PLAN

Name: CARIBBEAN NATURAL PRODUCTS INC - CARIBBEAN NATURAL PRODUCTS 401K PLAN (2016) Form 5500
Creator: CARIBBEAN NATURAL PRODUCTS INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CARIBBEAN NATURAL PRODUCTS 401K PLAN, CARIBBEAN NATURAL PRODUCTS INC

CARIBBEAN NATURAL PRODUCTS INCEIN 20-5830300Plan #001PY 2016

16 PASSAIC AVE, UNIT 1 - FAIRFIELD, NJ 07004973-882-5115caribnaturalproducts.comLinkedIn11-50 employeescosmetics

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$71K

+62.1% from 2015

Total participants

0.0% from 2015

Average account balance

$35,343

+62.1% from 2015

Annual return

43.76%

+75.26 pp from 2015

Benchmarks

See 8,145 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,145 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$557K

Not enough data

1 years with asset history on file

Average account balance

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

$62K

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.

56.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$117K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+9.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$809

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 codes2E2F2G2J2T3D

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.
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

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

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

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

$35,343

$99,079-64.3%

$78,002-54.7%

$273,972-87.1%

Participation rate

66.7%

78.6%-11.9pp

75.5%-8.9pp

83.0%-16.3pp

Annual return

43.76%

217.93%-174.2pp

425.99%-382.2pp

41.46%+2.3pp

Employer contribution / active EE

$3,308-100.0%

$2,470-100.0%

$4,869-100.0%

Participant deferral / active EE

$2,664

$4,306-38.1%

$3,497-23.8%

$5,287-49.6%

Admin fee / account holder

-$7,500

$8,954-183.8%

$5,481-236.8%

$10,133-174.0%

CARIBBEAN NATURAL PRODUCTS 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CARIBBEAN NATURAL PRODUCTS 401K 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