Retirement plan

BREEDLOVE FOODS, INC. 403B PLAN

Name: BREEDLOVE FOODS, INC. - BREEDLOVE FOODS, INC. 403B PLAN (2020) Form 5500
Creator: BREEDLOVE FOODS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BREEDLOVE FOODS, INC. 403B PLAN, BREEDLOVE FOODS, INC.

BREEDLOVE FOODS, INC.EIN 26-2194373Plan #001PY 2020

1818 NORTH MLK BLVD. - LUBBOCK, TX 79403806-741-0404breedlove.orgLinkedIn11-50 employeesfood production

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$768K

+123.7% from 2019

Total participants

+85.7% from 2019

Average account balance

$26,478

+100.5% from 2019

Annual return

12.30%

+0.02 pp from 2019

Benchmarks

See 18,636 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,636 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.46M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

83.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$122K

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

+13.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7342

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 codes2F2G2T

Plan features

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.
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.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$4K

$84 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.527%

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

$26,478

$91,167-71.0%

$178,498-85.2%

$79,858-66.8%

Participation rate

52.1%

69.2%-17.1pp

81.9%-29.8pp

69.6%-17.6pp

Annual return

12.30%

24.19%-11.9pp

151.09%-138.8pp

31.72%-19.4pp

Employer contribution / active EE

$757

$3,255-76.7%

$5,011-84.9%

$2,471-69.4%

Participant deferral / active EE

$7,288

$3,236+125.2%

$5,202+40.1%

$3,740+94.8%

Admin fee / account holder

$140

$6,747-97.9%

$13,985-99.0%

$5,306-97.4%

BREEDLOVE FOODS, INC. 403B PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BREEDLOVE FOODS, INC. 403B 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