Retirement plan

JOHANNA FOODS, INC. LACTO DIVISION LOCAL 56 EMPLOYEES SAVINGS AND INVESTMENT PLAN

Name: JOHANNA FOODS, INC. - JOHANNA FOODS, INC. LACTO DIVISION LOCAL 56 EMPLOYEES SAVINGS AND INVESTMENT PLAN (2016) Form 5500
Creator: JOHANNA FOODS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JOHANNA FOODS, INC. LACTO DIVISION LOCAL 56 EMPLOYEES SAVINGS AND INVESTMENT PLAN, JOHANNA FOODS, INC.

JOHANNA FOODS, INC.EIN 22-2973062Plan #006PY 2016

P.O. BOX 272 JOHANNA FARMS ROAD - FLEMINGTON, NJ 088220272908-788-2389

Other plans on this EIN

3 filings

#005Retirement-$17.9M assets #002Retirement-$14.6M assets #003Retirement-$3.3M assets

Prospect flagsLow returnsLow assets / participant

How to read this page

Total assets (EOY)

$3.4M

-5.3% from 2015

Total participants

212

-22.1% from 2015

Average account balance

$17,419

+3.8% from 2015

Annual return

2.99%

+2.43 pp from 2015

Benchmarks

See 933 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort933 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.06M

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

126

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.

70.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$420K

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

+8.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$181

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 1 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.2+ years Filed as: WELLS FARGO BANK N.A. Service code 15 · EIN 94-1347393	Recordkeeping	$21,196

Plan features & details

Pension benefit codes2E2G2J2T3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$21K

$193 / participant

Other / not subdivided$21K100.0%

% of EOY assets

0.621%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BEDARD KUROWICKI & CO
Auditor EIN: 223299874
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,419

$46,072-62.2%

$69,779-75.0%

$55,167-68.4%

Participation rate

87.4%

67.5%+19.9pp

71.8%+15.6pp

69.0%+18.4pp

Annual return

2.99%

8.68%-5.7pp

12.99%-10.0pp

169.23%-166.2pp

Employer contribution / active EE

$1,114

$1,500-25.7%

$2,338-52.3%

$1,963-43.2%

Participant deferral / active EE

$1,523

$2,344-35.0%

$2,931-48.0%

$3,054-50.1%

Admin fee / account holder

$108

$428-74.7%

$4,381-97.5%

$504-78.5%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.2+ years

Filed as: WELLS FARGO BANK N.A.

Service code 15 · EIN 94-1347393

Recordkeeping

$21,196

JOHANNA FOODS, INC. LACTO DIVISION LOCAL 56 EMPLOYEES SAVINGS AND INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JOHANNA FOODS, INC. LACTO DIVISION LOCAL 56 EMPLOYEES SAVINGS AND INVESTMENT 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