Retirement plan

DUTCH GOLD HONEY, INC. PROFIT SHARING PLAN

Name: DUTCH GOLD HONEY, INC. - DUTCH GOLD HONEY, INC. PROFIT SHARING PLAN (2020) Form 5500
Creator: DUTCH GOLD HONEY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DUTCH GOLD HONEY, INC. PROFIT SHARING PLAN, DUTCH GOLD HONEY, INC.

DUTCH GOLD HONEY, INC.EIN 23-1622894Plan #001PY 2020

2220 DUTCH GOLD LANE - LANCASTER, PA 17603717-393-1716LinkedIn51-200 employeesfood production

Other plans on this EIN

1 filing

#002Retirement--

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$20.2M

+80.7% from 2019

Total participants

111

+6.7% from 2019

Average account balance

$184,945

+70.7% from 2019

Annual return

81.31%

+75.00 pp from 2019

Benchmarks

See 2,372 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort2,372 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.62M

Not enough data

1 years with asset history on file

Average account balance

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

$187K

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.

121

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.

96.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.60M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

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

+9.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$787

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

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 codes2E2G3D2F

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.
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

$1.7M

$18595 / participant

Other / not subdivided$2M100.0%

% of EOY assets

8.486%

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

$184,945

$63,764+190.0%

$81,926+125.7%

$79,858+131.6%

Participation rate

97.8%

67.5%+30.3pp

72.0%+25.8pp

69.6%+28.2pp

Annual return

81.31%

22.66%+58.6pp

29.49%+51.8pp

31.72%+49.6pp

Employer contribution / active EE

$17,663

$1,795+883.8%

$4,310+309.8%

$2,471+614.8%

Participant deferral / active EE

$2,780-100.0%

$7,108-100.0%

$3,740-100.0%

Admin fee / account holder

$15,695

$4,426+254.6%

$5,159+204.2%

$5,306+195.8%

DUTCH GOLD HONEY, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DUTCH GOLD HONEY, INC. PROFIT SHARING 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