Retirement plan

LANCASTER DAIRY HERD IMPROVEMENT ASSOCIATION RETIREMENT PLAN

Name: LANCASTER DAIRY HERD IMPROV. ASSOC. - LANCASTER DAIRY HERD IMPROVEMENT ASSOCIATION RETIREMENT PLAN (2015) Form 5500
Creator: LANCASTER DAIRY HERD IMPROV. ASSOC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LANCASTER DAIRY HERD IMPROVEMENT ASSOCIATION RETIREMENT PLAN, LANCASTER DAIRY HERD IMPROV. ASSOC.

LANCASTER DAIRY HERD IMPROV. ASSOC.EIN 23-1358715Plan #001PY 2015

1592 OLD LINE ROAD - MANHEIM, PA 17545888-202-3442LinkedIn51-200 employeesranching

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$4.8M

No prior year

Total participants

No prior year

Average account balance

$50,817

No prior year

Annual return

-1.96%

No prior year

Benchmarks

See 1,374 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants25-99

Cohort1,374 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.99M

Not enough data

1 years with asset history on file

Average account balance

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

$106K

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.

110.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$223K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+10.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2331

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$226K

$2513 / participant

Other / not subdivided$226K100.0%

% of EOY assets

4.736%

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

$50,817

$48,050+5.8%

$85,969-40.9%

$59,633-14.8%

Participation rate

98.9%

64.5%+34.4pp

76.5%+22.4pp

68.7%+30.2pp

Annual return

-1.96%

0.29%-2.3pp

9.32%-11.3pp

2041.45%-2043.4pp

Employer contribution / active EE

$2,259

$1,640+37.8%

$3,474-35.0%

$2,203+2.6%

Participant deferral / active EE

$1,576

$2,249-29.9%

$3,829-58.8%

$3,192-50.6%

Admin fee / account holder

$2,407

$3,206-24.9%

$6,053-60.2%

$4,297-44.0%

LANCASTER DAIRY HERD IMPROVEMENT ASSOCIATION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LANCASTER DAIRY HERD IMPROVEMENT ASSOCIATION RETIREMENT 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