Retirement plan

HEARTHSIDE FOOD SOLUTIONS 401(K) PLAN

Name: HEARTHSIDE FOOD SOLUTIONS, LLC - HEARTHSIDE FOOD SOLUTIONS 401(K) PLAN (2016) Form 5500
Creator: HEARTHSIDE FOOD SOLUTIONS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HEARTHSIDE FOOD SOLUTIONS 401(K) PLAN, HEARTHSIDE FOOD SOLUTIONS, LLC

HEARTHSIDE FOOD SOLUTIONS, LLCEIN 26-4228653Plan #004PY 2016

3250 LACEY ROAD SUITE 200 - DOWNERS GROVE, IL 60515630-967-3614LinkedIn1-10 employeesfood production

Other plans on this EIN

1 filing

#002Retirement-$7.0M assets

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$106.7M

-10.4% from 2016

Total participants

4,348

+16.6% from 2016

Average account balance

$24,688

-13.3% from 2016

Annual return

7.82%

+144.41 pp from 2016

Benchmarks

See 228 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort228 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$280.06M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

6,672

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.

53.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$15.45M

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

+11.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$124

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 4 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	$480,735
LOCKTON INVESTMENT ADVISORS, LLC2+ years Service code 27 444 W 47TH STREET SUITE 900 · KANSAS CITY, MO 641121906	Advisory (Plan)	$107,712
BDO USA, LLP1 year Service code 99 PO BOX 642743 · PITTSBURGH, PA 152642743	Other Fees	$39,209
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FMR LLC FIDELITY INVESTMENT INSTITU Service code 99 PO BOX 73307 · CHICAGO, IL 60673	Other Fees	$2,282

Plan features & details

Pension benefit codes2E2F2G2J2K2T3B3D3H

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

1 tripped

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

Admin total

$194K

$52 / participant

Contract admin$194K100.0%

% of EOY assets

0.182%

all-in expense ratio

Categories reported

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,688

$58,758-58.0%

$69,779-64.6%

$63,975-61.4%

Participation rate

99.3%

77.5%+21.8pp

71.8%+27.4pp

71.1%+28.1pp

Annual return

7.82%

18.05%-10.2pp

12.99%-5.2pp

48.65%-40.8pp

Employer contribution / active EE

$1,601

$1,973-18.8%

$2,338-31.5%

$2,182-26.6%

Participant deferral / active EE

$1,931

$2,912-33.7%

$2,931-34.1%

$3,356-42.5%

Admin fee / account holder

$45

$71-36.7%

$4,381-99.0%

$70-36.2%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$480,735

LOCKTON INVESTMENT ADVISORS, LLC2+ years

Service code 27

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

Advisory (Plan)

$107,712

BDO USA, LLP1 year

Service code 99

PO BOX 642743 · PITTSBURGH, PA 152642743

Other Fees

$39,209

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FMR LLC FIDELITY INVESTMENT INSTITU

Service code 99

PO BOX 73307 · CHICAGO, IL 60673

Other Fees

$2,282

HEARTHSIDE FOOD SOLUTIONS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HEARTHSIDE FOOD SOLUTIONS 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