Retirement plan

GREENLEAF CORPORATION SAVINGS & RETIREMENT PLAN

Name: GREENLEAF CORPORATION - GREENLEAF CORPORATION SAVINGS & RETIREMENT PLAN (2020) Form 5500
Creator: GREENLEAF CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GREENLEAF CORPORATION SAVINGS & RETIREMENT PLAN, GREENLEAF CORPORATION

GREENLEAF CORPORATIONEIN 25-0910662Plan #001PY 2020

18695 GREENLEAF DRIVE, P.O. BOX 1040 - SAEGERTOWN, PA 164331040814-763-2915greenleafcorporation.comLinkedIn201-500 employeesconsumer goods

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$63.8M

+15.4% from 2019

Total participants

457

+3.4% from 2019

Average account balance

$143,678

+11.2% from 2019

Annual return

28.83%

+7.22 pp from 2019

Benchmarks

See 2,346 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,346 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$56.55M

Not enough data

1 years with asset history on file

Average account balance

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

$150K

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.

376

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.

92.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.72M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+15.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$261

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 3 by compensation

Provider	Service type	Compensation
RAYMOND JAMES FINANCIAL SERVICES5 years Service code 27 · EIN 59-1531281	Advisory (Plan)	$68,516
ASCENSUS LLC3 years Service code 15 · EIN 11-3665754	Recordkeeping	$48,767
INVESCO6+ years Service code 50 CO DST SYSTEMS, INC. · KANSAS CITY, MO 641051407	Direct Payment	$27,739

Plan features & details

Pension benefit codes2E3D2G2J2K2F2T

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$142K

$367 / participant

Investment mgmt$96K67.9%
Contract admin$46K32.1%

% of EOY assets

0.222%

all-in expense ratio

Categories reported

2 / 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: SCHAFFNER KNIGHT & MINNAUGH COMPANY
Auditor EIN: 251690617
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$143,678

$79,519+80.7%

$95,956+49.7%

$73,412+95.7%

Participation rate

96.6%

81.2%+15.5pp

77.1%+19.6pp

72.2%+24.5pp

Annual return

28.83%

19.20%+9.6pp

91.63%-62.8pp

59.30%-30.5pp

Employer contribution / active EE

$1,221

$2,048-40.4%

$2,541-52.0%

$2,234-45.4%

Participant deferral / active EE

$3,420

$4,138-17.4%

$4,167-17.9%

$3,806-10.1%

Admin fee / account holder

$319

$184+73.3%

$6,797-95.3%

$158+102.3%

Provider

Service type

Compensation

RAYMOND JAMES FINANCIAL SERVICES5 years

Service code 27 · EIN 59-1531281

Advisory (Plan)

$68,516

ASCENSUS LLC3 years

Service code 15 · EIN 11-3665754

Recordkeeping

$48,767

INVESCO6+ years

Service code 50

CO DST SYSTEMS, INC. · KANSAS CITY, MO 641051407

Direct Payment

$27,739

GREENLEAF CORPORATION SAVINGS & RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GREENLEAF CORPORATION SAVINGS & 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