Retirement plan

LANCASTER DAIRY HERD IMPROVEMENT ASSOCIATION RETIREMENT PLAN

Name: LANCASTER DAIRY HERD IMPROV. ASSOC. - LANCASTER DAIRY HERD IMPROVEMENT ASSOCIATION RETIREMENT PLAN (2017) 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 2017

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.8M

+7.5% from 2016

Total participants

102

0.0% from 2016

Average account balance

$64,904

+9.9% from 2016

Annual return

12.42%

+5.64 pp from 2016

Benchmarks

See 1,712 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants25-99

Cohort1,712 peers

Snapshot2017

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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$665K

$7001 / participant

Other / not subdivided$665K100.0%

% of EOY assets

11.386%

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

$64,904

$57,828+12.2%

$117,039-44.5%

$70,126-7.4%

Participation rate

87.4%

67.1%+20.3pp

77.2%+10.2pp

69.5%+17.8pp

Annual return

12.42%

17.55%-5.1pp

18.95%-6.5pp

73.15%-60.7pp

Employer contribution / active EE

$2,158

$1,816+18.8%

$3,785-43.0%

$2,343-7.9%

Participant deferral / active EE

$1,514

$2,438-37.9%

$3,929-61.5%

$3,332-54.6%

Admin fee / account holder

$7,390

$3,548+108.3%

$5,974+23.7%

$4,645+59.1%

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