Retirement plan

SISSON QUALITY FOODS, INC. AMENDED AND RESTATED CASH BALANCE PENSION PLAN AND TRUST

Name: SISSON QUALITY FOODS, INC. - SISSON QUALITY FOODS, INC. AMENDED AND RESTATED CASH BALANCE PENSION PLAN AND TRUST (2015) Form 5500
Creator: SISSON QUALITY FOODS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SISSON QUALITY FOODS, INC. AMENDED AND RESTATED CASH BALANCE PENSION PLAN AND TRUST, SISSON QUALITY FOODS, INC.

SISSON QUALITY FOODS, INC.EIN 27-0842916Plan #002PY 2015

311 AVON BELDEN RD - AVON LAKE, OH 440122252440-933-9026

Other plans on this EIN

1 filing

#001Retirement-$636K assets

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$862K

No prior year

Total participants

No prior year

Average account balance

No prior year

Annual return

-2.75%

No prior year

Benchmarks

See 44 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined benefit

Participants25-99

Cohort44 peers

Snapshot2015

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Analytics

Total assets (EOY)

Plan-year ending balance

$3.11M

Not enough data

1 years with asset history on file

Average account balance

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

$130K

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

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$190K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+10.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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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.

Enrolled actuary

1 attachment

See 1 actuary disclosure. $4.99 for your first month.

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Plan features & details

Pension benefit codes1A1C1D3H

Plan features

1A
Benefits are primarily pay related
Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
1C
Cash balance or similar plan
A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
1D
Floor-offset plan
Defined benefit plan whose benefits are offset by retirement benefits provided under an employer-sponsored defined contribution plan.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$4K

$109 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.508%

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,876-100.0%

$177,383-100.0%

$50,876-100.0%

Participation rate

0.0%

0.0%0pp

23.8%-23.8pp

15.7%-15.7pp

Annual return

-2.75%

-2.30%-0.4pp

-0.48%-2.3pp

-7.14%+4.4pp

Employer contribution / active EE

$3,043

$5,206-41.5%

$23,357-87.0%

$14,613-79.2%

Participant deferral / active EE

$17-100.0%

$60-100.0%

Admin fee / account holder

$1,191-100.0%

$3,964-100.0%

$1,191-100.0%

SISSON QUALITY FOODS, INC. AMENDED AND RESTATED CASH BALANCE PENSION PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SISSON QUALITY FOODS, INC. AMENDED AND RESTATED CASH BALANCE PENSION PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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