Retirement plan

SRAP 403(B) PLAN

Name: SOCIALLY RESPONSIBLE AGRICULTURAL PROJECT, INC. - SRAP 403(B) PLAN (2024) Form 5500
Creator: SOCIALLY RESPONSIBLE AGRICULTURAL PROJECT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SRAP 403(B) PLAN, SOCIALLY RESPONSIBLE AGRICULTURAL PROJECT, INC.

SOCIALLY RESPONSIBLE AGRICULTURAL PROJECT, INC.EIN 20-8688122Plan #001PY 2024

2093 PHILADELPHIA PIKE # 4133 - CLAYMONT, DE 19703317-371-2970

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$456K

+93.3% from 2023

Total participants

+11.5% from 2023

Average account balance

$16,299

+79.5% from 2023

Annual return

27.66%

-3.32 pp from 2023

Benchmarks

See 49,870 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort49,870 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$456K

Not enough data

1 years with asset history on file

Average account balance

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

$16K

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.

127.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$155K

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

+27.66%

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

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 codes2M3D2G2F2T

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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.

Expense breakdown

Schedule H Part II

Admin total

$174

$8 / participant

Other / not subdivided$174100.0%

% of EOY assets

0.038%

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

$16,299

$88,815-81.6%

$81,882-80.1%

$145,897-88.8%

Participation rate

95.5%

75.1%+20.4pp

72.4%+23.1pp

80.3%+15.1pp

Annual return

27.66%

1033.75%-1006.1pp

779.47%-751.8pp

552.29%-524.6pp

Employer contribution / active EE

$1,522

$3,086-50.7%

$2,916-47.8%

$4,663-67.4%

Participant deferral / active EE

$5,529

$4,647+19.0%

$4,323+27.9%

$6,689-17.3%

Admin fee / account holder

$8,434-99.9%

$7,360-99.9%

$13,390-100.0%

SRAP 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SRAP 403(B) 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