Retirement plan

CALAVO GROWERS, INC. RETIREMENT SAVINGS TAX PLAN FOR SALARIED EMPLOYEES

Name: CALAVO GROWERS, INC. - CALAVO GROWERS, INC. RETIREMENT SAVINGS TAX PLAN FOR SALARIED EMPLOYEES (2019) Form 5500
Creator: CALAVO GROWERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CALAVO GROWERS, INC. RETIREMENT SAVINGS TAX PLAN FOR SALARIED EMPLOYEES, CALAVO GROWERS, INC.

CALAVO GROWERS, INC.EIN 33-0945304Plan #004PY 2019

1141A CUMMINGS ROAD - SANTA PAULA, CA 93060805-921-3201calavo.comLinkedIn1001-5000 employeesfood production

Other plans on this EIN

2 filings

#006Retirement-$6.3M assets #005Retirement-$1.2M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$36.1M

+21.9% from 2018

Total participants

216

+9.6% from 2018

Average account balance

$209,770

+17.0% from 2018

Annual return

22.66%

+23.50 pp from 2018

Benchmarks

See 2,363 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,363 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.15M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-95.75%

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

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

Service providers

Top 10 of 13 by compensation

Provider	Service type	Compensation
PENSIONMARK FINANCIAL GROUP LLC1 year Service code 27 · EIN 61-1758632	Advisory (Plan)	$9,500
HOLTHOUSE CARLIN & VAN TRIGT LLP1 year Service code 10 · EIN 95-4345526	Accounting	$5,345
T ROWE PRICE RPS INC5+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$1,995
AMERICAN CENTURY5+ years Service code 28 P.O. BOX 419200 · KANSAS CITY, MO 64141	Investment Management	$0
AMUNDI PIONEER ASSET MANAGEMENT4 years Service code 28 60 STATE STREET · BOSTON, MA 02109	Investment Management	$0
THE BANK OF NEW YORK MELLON4 years Filed as: DREYFUS NATURAL RESOURCES Service code 28 P.O. BOX 64787 · ST. PAUL, MN 55164	Investment Management	$0
FIDELITY INVESTMENTS INSTITUTIONAL5+ years Filed as: FIDELITY INVESTMENTS INST Service code 28 P.O. BOX 770002 · CINCINNATI, OH 45277	Investment Management	$0
FRANKLIN TEMPLETON5+ years Service code 28 P.O. BOX 33030 · ST PETERSBURG, FL 33733	Investment Management	$0
MFS INVESTMENT MANAGEMENT4 years Filed as: MFS DISTRIBUTORS INC. Service code 28 P.O. BOX 55824 · BOSTON, MA 02205	Investment Management	$0
OPPENHEIMER5+ years Filed as: OPPENHEIMER FUNDS Service code 28 TWO WORLD FINANCIAL CENTER · NEW YORK, NY 10281	Investment Management	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$19K

$108 / participant

Contract admin$17K89.6%
Other / not subdivided$2K10.4%

% of EOY assets

0.053%

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: HOLTHOUSE, CARLIN & VAN TRIGT LLP
Auditor EIN: 954345526
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$209,770

$86,341+143.0%

$125,195+67.6%

$65,186+221.8%

Participation rate

75.1%

75.3%-0.2pp

79.8%-4.6pp

70.2%+4.9pp

Annual return

22.66%

27.44%-4.8pp

43.79%-21.1pp

29.39%-6.7pp

Employer contribution / active EE

$5,796

$2,040+184.2%

$3,866+49.9%

$2,177+166.3%

Participant deferral / active EE

$6,804

$3,538+92.3%

$4,937+37.8%

$3,514+93.6%

Admin fee / account holder

$112

$609-81.7%

$9,704-98.8%

$847-86.8%

Provider

Service type

Compensation

PENSIONMARK FINANCIAL GROUP LLC1 year

Service code 27 · EIN 61-1758632

Advisory (Plan)

$9,500

HOLTHOUSE CARLIN & VAN TRIGT LLP1 year

Service code 10 · EIN 95-4345526

Accounting

$5,345

T ROWE PRICE RPS INC5+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$1,995

AMERICAN CENTURY5+ years

Service code 28

P.O. BOX 419200 · KANSAS CITY, MO 64141

Investment Management

AMUNDI PIONEER ASSET MANAGEMENT4 years

Service code 28

60 STATE STREET · BOSTON, MA 02109

Investment Management

THE BANK OF NEW YORK MELLON4 years

Filed as: DREYFUS NATURAL RESOURCES

Service code 28

P.O. BOX 64787 · ST. PAUL, MN 55164

Investment Management

FIDELITY INVESTMENTS INSTITUTIONAL5+ years

Filed as: FIDELITY INVESTMENTS INST

Service code 28

P.O. BOX 770002 · CINCINNATI, OH 45277

Investment Management

FRANKLIN TEMPLETON5+ years

Service code 28

P.O. BOX 33030 · ST PETERSBURG, FL 33733

Investment Management

MFS INVESTMENT MANAGEMENT4 years

Filed as: MFS DISTRIBUTORS INC.

Service code 28

P.O. BOX 55824 · BOSTON, MA 02205

Investment Management

OPPENHEIMER5+ years

Filed as: OPPENHEIMER FUNDS

Service code 28

TWO WORLD FINANCIAL CENTER · NEW YORK, NY 10281

Investment Management

CALAVO GROWERS, INC. RETIREMENT SAVINGS TAX PLAN FOR SALARIED EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CALAVO GROWERS, INC. RETIREMENT SAVINGS TAX PLAN FOR SALARIED EMPLOYEES

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