Retirement plan

NU-MEAT TECHNOLOGY, INC. 401(K) PLAN

Name: NU-MEAT TECHNOLOGY - NU-MEAT TECHNOLOGY, INC. 401(K) PLAN (2018) Form 5500
Creator: NU-MEAT TECHNOLOGY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NU-MEAT TECHNOLOGY, INC. 401(K) PLAN, NU-MEAT TECHNOLOGY

NU-MEAT TECHNOLOGYEIN 22-2294237Plan #002PY 2018

601 HADLEY ROAD - SOUTH PLAINFIELD, NJ 07080908-754-3400nu-meat.comLinkedIn11-50 employeesfood & beverages

Other plans on this EIN

1 filing

#001Retirement-$2.2M assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$692K

+27.1% from 2017

Total participants

+4.2% from 2017

Average account balance

$32,950

+8.9% from 2017

Annual return

10.98%

-0.14 pp from 2017

Benchmarks

See 9,277 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,277 peers

Snapshot2018

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

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

$25K

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

-96.89%

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 codes2E3D2G2J2F2T

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

Admin total

$621

$14 / participant

Other / not subdivided$621100.0%

% of EOY assets

0.090%

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

$32,950

$72,404-54.5%

$110,243-70.1%

$64,173-48.7%

Participation rate

34.1%

73.3%-39.2pp

79.8%-45.7pp

69.6%-35.5pp

Annual return

10.98%

-6.29%+17.3pp

314.76%-303.8pp

7.63%+3.3pp

Employer contribution / active EE

$2,282-100.0%

$3,827-100.0%

$2,381-100.0%

Participant deferral / active EE

$1,995

$3,469-42.5%

$4,672-57.3%

$3,470-42.5%

Admin fee / account holder

$30

$5,664-99.5%

$8,548-99.7%

$4,887-99.4%

NU-MEAT TECHNOLOGY, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NU-MEAT TECHNOLOGY, INC. 401(K) 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