Retirement plan

UNITED DAIRY FARMERS, INC. MONEY PURCHASE PENSION PLAN

Name: UNITED DAIRY FARMERS, INC. - UNITED DAIRY FARMERS, INC. MONEY PURCHASE PENSION PLAN (2016) Form 5500
Creator: UNITED DAIRY FARMERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNITED DAIRY FARMERS, INC. MONEY PURCHASE PENSION PLAN, UNITED DAIRY FARMERS, INC.

UNITED DAIRY FARMERS, INC.EIN 31-1361170Plan #001PY 2016

3955 MONTGOMERY ROAD - CINCINNATI, OH 45212513-396-8700udfinc.comLinkedIn1001-5000 employeesretail

Other plans on this EIN

1 filing

#002Retirement-$27.9M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$15.5M

+4.6% from 2015

Total participants

531

+35.5% from 2015

Average account balance

$36,147

-4.2% from 2015

Annual return

5.85%

+6.26 pp from 2015

Benchmarks

See 1,184 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,184 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.21M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

632

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.

67.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$535K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$815

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

+10.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$53

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 3 by compensation

Provider	Service type	Compensation
PRUDENTIAL RETIREMENT INSURANCE AND2+ years Service code 13 · EIN 06-1050034	Contract Administrator	$7,181
401K ADVISORS INC2+ years Filed as: 401K ADVISORS, INC. Service code 27 · EIN 33-0905143	Advisory (Plan)	$5,000
NFP RETIREMENT INC1 year Filed as: NFP SECURITIES, INC. Service code 27 · EIN 74-2794194	Advisory (Plan)	$3,300

Plan features & details

Pension benefit codes2A2C2H3D2T2S

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

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: CASSADY SCHILLER & ASSOCIATES, INC.
Auditor EIN: 311311065
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$36,147

$37,044-2.4%

$71,796-49.7%

$57,658-37.3%

Participation rate

77.9%

61.1%+16.8pp

69.1%+8.8pp

70.2%+7.7pp

Annual return

5.85%

12.64%-6.8pp

78.04%-72.2pp

5.13%+0.7pp

Employer contribution / active EE

$1,096

$720+52.2%

$1,924-43.1%

$1,974-44.5%

Participant deferral / active EE

$1,974-100.0%

$2,794-100.0%

$3,061-100.0%

Admin fee / account holder

$101-100.0%

$4,815-100.0%

$95-100.0%

Provider

Service type

Compensation

PRUDENTIAL RETIREMENT INSURANCE AND2+ years

Service code 13 · EIN 06-1050034

Contract Administrator

$7,181

401K ADVISORS INC2+ years

Filed as: 401K ADVISORS, INC.

Service code 27 · EIN 33-0905143

Advisory (Plan)

$5,000

NFP RETIREMENT INC1 year

Filed as: NFP SECURITIES, INC.

Service code 27 · EIN 74-2794194

Advisory (Plan)

$3,300

UNITED DAIRY FARMERS, INC. MONEY PURCHASE PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

UNITED DAIRY FARMERS, INC. MONEY PURCHASE PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion