Retirement plan

HEARTHSIDE FOOD SOLUTIONS UNION 401(K) PLAN

Name: HEARTHSIDE FOOD SOLUTIONS - HEARTHSIDE FOOD SOLUTIONS UNION 401(K) PLAN (2017) Form 5500
Creator: HEARTHSIDE FOOD SOLUTIONS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HEARTHSIDE FOOD SOLUTIONS UNION 401(K) PLAN, HEARTHSIDE FOOD SOLUTIONS

HEARTHSIDE FOOD SOLUTIONSEIN 26-4228653Plan #002PY 2017

3500 LACEY ROAD SUITE 300 - DOWNERS GROVE, IL 60515630-967-3614LinkedIn1-10 employeesfood production

Other plans on this EIN

2 filings

#004Retirement-$142.2M assets #003Retirement-$17.7M assets

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$8.5M

-8.4% from 2016

Total participants

728

+2.7% from 2016

Average account balance

$13,025

-6.0% from 2016

Annual return

16.59%

-5.60 pp from 2016

Benchmarks

See 684 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort684 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.38M

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

1,077

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.

90.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.24M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+10.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$67

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 2 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$36,123
LOCKTON INVESTMENT ADVISORS, LLC2 years Service code 27 444 W 47TH STREET SUITE 900 · KANSAS CITY, MO 641121906	Advisory (Plan)	$8,499

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

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: DELOITTE & TOUCHE, LLP
Auditor EIN: 133891517
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$13,025

$53,925-75.8%

$75,501-82.7%

$69,634-81.3%

Participation rate

88.7%

71.2%+17.5pp

72.4%+16.4pp

70.7%+18.0pp

Annual return

16.59%

17.84%-1.2pp

27.35%-10.8pp

27572.26%-27555.7pp

Employer contribution / active EE

$466

$1,802-74.1%

$2,352-80.2%

$2,032-77.0%

Participant deferral / active EE

$803

$2,569-68.7%

$3,142-74.4%

$3,224-75.1%

Admin fee / account holder

-$1

$97-100.9%

$5,801-100.0%

$110-100.8%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$36,123

LOCKTON INVESTMENT ADVISORS, LLC2 years

Service code 27

444 W 47TH STREET SUITE 900 · KANSAS CITY, MO 641121906

Advisory (Plan)

$8,499

HEARTHSIDE FOOD SOLUTIONS UNION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HEARTHSIDE FOOD SOLUTIONS UNION 401(K) 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