Retirement plan

NICKLES BAKERY 401K PLAN FOR BARGAINING EMPLOYEES

Name: ALFRED NICKLES BAKERY, INC. - NICKLES BAKERY 401K PLAN FOR BARGAINING EMPLOYEES (2017) Form 5500
Creator: ALFRED NICKLES BAKERY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NICKLES BAKERY 401K PLAN FOR BARGAINING EMPLOYEES, ALFRED NICKLES BAKERY, INC.

ALFRED NICKLES BAKERY, INC.EIN 34-0428345Plan #003PY 2017

26 N. MAIN STREET - NAVARRE, OH 446621158330-879-5635

Other plans on this EIN

2 filings

#005Retirement-$54.0M assets #002Retirement-$10.4M assets

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$10.3M

+9.7% from 2016

Total participants

1,112

-4.7% from 2016

Average account balance

$32,542

+17.0% from 2016

Annual return

16.39%

+8.43 pp from 2016

Benchmarks

See 215 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort215 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.91M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

221

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.

22.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$490K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$747

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

+15.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$314

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 2 by compensation

Provider	Service type	Compensation
CBIZ RETIREMENT PLAN SERVICES3+ years Service code 13 13680 CLEVELAND AVE NW · UNIONTOWN, OH 44685	Contract Administrator	$4,675
GREAT-WEST LIFE & ANNUITY INSURANCE3+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D2T

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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

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: MALONEY & NOVOTNY LLC
Auditor EIN: 340677006
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,542

$123,286-73.6%

$75,501-56.9%

$77,958-58.3%

Participation rate

22.5%

78.8%-56.2pp

72.4%-49.8pp

71.6%-49.1pp

Annual return

16.39%

20.45%-4.1pp

27.35%-11.0pp

20.87%-4.5pp

Employer contribution / active EE

$2,035-100.0%

$2,352-100.0%

$2,310-100.0%

Participant deferral / active EE

$473

$3,095-84.7%

$3,142-84.9%

$3,537-86.6%

Admin fee / account holder

$144-100.0%

$5,801-100.0%

$97-100.0%

Provider

Service type

Compensation

CBIZ RETIREMENT PLAN SERVICES3+ years

Service code 13

13680 CLEVELAND AVE NW · UNIONTOWN, OH 44685

Contract Administrator

$4,675

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

NICKLES BAKERY 401K PLAN FOR BARGAINING EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NICKLES BAKERY 401K PLAN FOR BARGAINING 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