Retirement plan

READINGTON FARMS, INC. 401(K) SAVINGS PLAN

Name: READINGTON FARMS, INC. - READINGTON FARMS, INC. 401(K) SAVINGS PLAN (2020) Form 5500
Creator: READINGTON FARMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, READINGTON FARMS, INC. 401(K) SAVINGS PLAN, READINGTON FARMS, INC.

READINGTON FARMS, INC.EIN 22-0873570Plan #004PY 2020

12 MILL ROAD, P.O. BOX 164 - WHITEHOUSE, NJ 08888908-534-2121readingtonfarms.comLinkedIn11-50 employeesfood & beverages

Other plans on this EIN

1 filing

#003Retirement-$39.7M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$22.3M

+14.1% from 2019

Total participants

265

-2.2% from 2019

Average account balance

$89,119

+17.8% from 2019

Annual return

18.55%

-3.70 pp from 2019

Benchmarks

See 936 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort936 peers

Snapshot2020

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$187K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-36.32%

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

See the 8-year trajectory. $4.99 for your first month.

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Service providers

Top 10 by compensation

Provider	Service type	Compensation
MORGAN STANLEY SMITH BARNEY3 years Filed as: MORGAN STANLEY SMITH BARNEY HOLDING Service code 27 · EIN 26-4310632	Advisory (Plan)	$20,000
MASSACHUSETTS MUTUAL LIFE INS. CO.6+ years Service code 49 · EIN 04-1590850	Other Services	$7,754
COHEN & STEERS2 years Service code 52 · EIN 14-1904657	Indirect Investment Fees	$0
COLUMBIA2 years Service code 52 · EIN 36-3376651	Indirect Investment Fees	$0
FRANKLIN TEMPLETON2 years Filed as: FRANKLINTEMPLETON Service code 52 · EIN 13-3151768	Indirect Investment Fees	$0
JOHN HANCOCK LIFE INSURANCE COMPANY2 years Filed as: JOHN HANCOCK Service code 52 · EIN 04-2528977	Indirect Investment Fees	$0
MORGAN STANLEY SMITH BARNEY4 years Filed as: JP MORGAN Service code 52 · EIN 04-3400483	Indirect Investment Fees	$0
LEGG MASON2 years Service code 52 · EIN 13-4146187	Indirect Investment Fees	$0
NEXTCAPITAL GROUP, INC.1 year Filed as: NEXTCAPITAL ADVISORS, INC Service code 52 · EIN 47-2342699	Indirect Investment Fees	$0
T ROWE PRICE RPS INC4 years Filed as: T. ROWE PRICE Service code 52 · EIN 52-0791372	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D3H2S2T

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$8K

$36 / participant

Contract admin$7K93.4%
Other / not subdivided$5126.6%

% of EOY assets

0.035%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: HERBEIN + COMPANY, INC.
Auditor EIN: 232415973
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$89,119

$54,590+63.3%

$81,930+8.8%

$73,488+21.3%

Participation rate

93.1%

68.3%+24.8pp

72.0%+21.1pp

70.7%+22.4pp

Annual return

18.55%

17.74%+0.8pp

29.49%-10.9pp

28.51%-10.0pp

Employer contribution / active EE

$1,066

$1,636-34.9%

$4,310-75.3%

$2,270-53.1%

Participant deferral / active EE

$3,936

$2,759+42.7%

$7,107-44.6%

$3,740+5.3%

Admin fee / account holder

$31

$592-94.8%

$5,158-99.4%

$513-94.0%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY3 years

Filed as: MORGAN STANLEY SMITH BARNEY HOLDING

Service code 27 · EIN 26-4310632

Advisory (Plan)

$20,000

MASSACHUSETTS MUTUAL LIFE INS. CO.6+ years

Service code 49 · EIN 04-1590850

Other Services

$7,754

COHEN & STEERS2 years

Service code 52 · EIN 14-1904657

Indirect Investment Fees

COLUMBIA2 years

Service code 52 · EIN 36-3376651

Indirect Investment Fees

FRANKLIN TEMPLETON2 years

Filed as: FRANKLINTEMPLETON

Service code 52 · EIN 13-3151768

Indirect Investment Fees

JOHN HANCOCK LIFE INSURANCE COMPANY2 years

Filed as: JOHN HANCOCK

Service code 52 · EIN 04-2528977

Indirect Investment Fees

MORGAN STANLEY SMITH BARNEY4 years

Filed as: JP MORGAN

Service code 52 · EIN 04-3400483

Indirect Investment Fees

LEGG MASON2 years

Service code 52 · EIN 13-4146187

Indirect Investment Fees

NEXTCAPITAL GROUP, INC.1 year

Filed as: NEXTCAPITAL ADVISORS, INC

Service code 52 · EIN 47-2342699

Indirect Investment Fees

T ROWE PRICE RPS INC4 years

Filed as: T. ROWE PRICE

Service code 52 · EIN 52-0791372

Indirect Investment Fees

READINGTON FARMS, INC. 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

READINGTON FARMS, INC. 401(K) SAVINGS 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