Retirement plan

NICKLES BAKERY 401K PLAN FOR BARGAINING EMPLOYEES

Name: ALFRED NICKLES BAKERY, INC. - NICKLES BAKERY 401K PLAN FOR BARGAINING EMPLOYEES (2021) 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 2021

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

Other plans on this EIN

2 filings

#005Retirement-$64.3M assets #002Retirement-$15.4M assets

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$12.1M

+9.1% from 2020

Total participants

716

-9.6% from 2020

Average account balance

$47,487

+11.6% from 2020

Annual return

13.11%

-1.90 pp from 2020

Benchmarks

See 703 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort703 peers

Snapshot2021

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 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE7+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$42,280
AMERITAS LIFE INSURANCE CORP3 years Filed as: AMERITAS INVESTMENT CORP Service code 27 5900 O ST · LINCOLN, NE 68510	Advisory (Plan)	$22,405
LEAFHOUSE FINANCIAL ADVISORS, LLC3 years Filed as: LEAFHOUSE FINANCIAL ADVOSORS, LLC Service code 27 6504 BRIDGE POINT PKWY STE 450 · AUSTIN, TX 78730	Advisory (Plan)	$5,601
CBIZ RETIREMENT PLAN SERVICES2 years Filed as: CBIZ BENEFITS & INS SERVICES INC Service code 13 28126 NETWORK PLACE · CHICAGO, IL 606731281	Contract Administrator	$5,000

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

Admin total

$70K

$111 / participant

Contract admin$70K100.0%

% of EOY assets

0.583%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$47,487

$66,528-28.6%

$86,625-45.2%

$86,821-45.3%

Participation rate

27.0%

72.4%-45.3pp

71.6%-44.6pp

72.3%-45.3pp

Annual return

13.11%

19.56%-6.4pp

63.52%-50.4pp

97.94%-84.8pp

Employer contribution / active EE

$2,007-100.0%

$2,496-100.0%

$2,406-100.0%

Participant deferral / active EE

$733

$3,240-77.4%

$3,700-80.2%

$4,132-82.2%

Admin fee / account holder

$277

$148+86.9%

$5,830-95.3%

$170+63.2%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE7+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$42,280

AMERITAS LIFE INSURANCE CORP3 years

Filed as: AMERITAS INVESTMENT CORP

Service code 27

5900 O ST · LINCOLN, NE 68510

Advisory (Plan)

$22,405

LEAFHOUSE FINANCIAL ADVISORS, LLC3 years

Filed as: LEAFHOUSE FINANCIAL ADVOSORS, LLC

Service code 27

6504 BRIDGE POINT PKWY STE 450 · AUSTIN, TX 78730

Advisory (Plan)

$5,601

CBIZ RETIREMENT PLAN SERVICES2 years

Filed as: CBIZ BENEFITS & INS SERVICES INC

Service code 13

28126 NETWORK PLACE · CHICAGO, IL 606731281

Contract Administrator

$5,000

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