Retirement plan

OAK FARM VINEYARDS, LLC 401(K) PLAN AND TRUST

Name: OAK FARM VINEYARDS, LLC - OAK FARM VINEYARDS, LLC 401(K) PLAN AND TRUST (2022) Form 5500
Creator: OAK FARM VINEYARDS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OAK FARM VINEYARDS, LLC 401(K) PLAN AND TRUST, OAK FARM VINEYARDS, LLC

OAK FARM VINEYARDS, LLCEIN 30-0534334Plan #001PY 2022

23627 N DEVRIES RD - LODI, CA 95242209-365-6565oakfarmvineyards.comLinkedIn11-50 employeeswine and spirits

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$137K

-19.6% from 2021

Total participants

-15.8% from 2021

Average account balance

$9,113

-30.3% from 2021

Annual return

-12.92%

-19.05 pp from 2021

Benchmarks

See 4,136 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort4,136 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$288K

Not enough data

1 years with asset history on file

Average account balance

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

$18K

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$69K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2280

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 codes2E2J2F2G3D3H

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.
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

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

$37K

$3336 / participant

Other / not subdivided$37K100.0%

% of EOY assets

26.844%

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

$9,113

$88,585-89.7%

$69,884-87.0%

$134,532-93.2%

Participation rate

90.9%

74.9%+16.0pp

70.5%+20.4pp

81.2%+9.7pp

Annual return

-12.92%

442.80%-455.7pp

190.81%-203.7pp

418.27%-431.2pp

Employer contribution / active EE

$3,235-100.0%

$2,560-100.0%

$4,741-100.0%

Participant deferral / active EE

$2,289

$4,770-52.0%

$3,848-40.5%

$6,401-64.2%

Admin fee / account holder

$2,446

$10,441-76.6%

$6,266-61.0%

$11,429-78.6%

OAK FARM VINEYARDS, LLC 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OAK FARM VINEYARDS, LLC 401(K) PLAN AND TRUST

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