Retirement plan

JOUWSTRA MILK HAULING, INC 401K PROFIT SHARING PLAN

Name: JOUWSTRA MILK HAULING, INC - JOUWSTRA MILK HAULING, INC 401K PROFIT SHARING PLAN (2023) Form 5500
Creator: JOUWSTRA MILK HAULING, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JOUWSTRA MILK HAULING, INC 401K PROFIT SHARING PLAN, JOUWSTRA MILK HAULING, INC

JOUWSTRA MILK HAULING, INCEIN 26-4543802Plan #001PY 2023

1718 26TH STREET - EDGERTON, MN 56128507-227-2309

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$445K

+27.5% from 2022

Total participants

-33.3% from 2022

Average account balance

$222,623

+91.2% from 2022

Annual return

16.44%

+37.01 pp from 2022

Benchmarks

See 9,391 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort9,391 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$551K

Not enough data

1 years with asset history on file

Average account balance

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

$275K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$50K

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

+12.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3747

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 codes2E2F2J3D

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).
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.
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

$6K

$2859 / participant

Other / not subdivided$6K100.0%

% of EOY assets

1.284%

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

$222,623

$85,060+161.7%

$70,548+215.6%

$139,456+59.6%

Participation rate

100.0%

73.9%+26.1pp

68.3%+31.7pp

80.3%+19.7pp

Annual return

16.44%

30.38%-13.9pp

32.78%-16.3pp

373.45%-357.0pp

Employer contribution / active EE

$1,812

$3,911-53.7%

$2,975-39.1%

$4,753-61.9%

Participant deferral / active EE

$17,500

$5,890+197.1%

$4,567+283.2%

$6,711+160.8%

Admin fee / account holder

$2,859

$8,925-68.0%

$6,424-55.5%

$11,407-74.9%

JOUWSTRA MILK HAULING, INC 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JOUWSTRA MILK HAULING, INC 401K 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