Retirement plan

UNITED DAIRY, INC 401(K) PLAN

Name: UNITED DAIRY, INC - UNITED DAIRY, INC 401(K) PLAN (2016) Form 5500
Creator: UNITED DAIRY, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNITED DAIRY, INC 401(K) PLAN, UNITED DAIRY, INC

UNITED DAIRY, INCEIN 34-1141090Plan #003PY 2016

300 N 5TH ST - MARTINS FERRY, OH 439351647740-633-1451drinkunited.comLinkedIn51-200 employeesfood production

Other plans on this EIN

1 filing

#002Retirement-$2.0M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$5.9M

+10.6% from 2015

Total participants

118

-0.8% from 2015

Average account balance

$50,931

+12.5% from 2015

Annual return

7.39%

+8.54 pp from 2015

Benchmarks

See 933 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort933 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.74M

Not enough data

1 years with asset history on file

Average account balance

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

$80K

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.

146

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.

93.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$726K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$117

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
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290	Contract Administrator	$2,362
CLARK, SCHAEFER, HACKETT & CO.2+ years Filed as: CLARK, RONALD L. Service code 49 5700 CORPORATE DR · PITTSBURGH, PA 152375851	Other Services	$1,170

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$2K

$22 / participant

Contract admin$2K100.0%

% of EOY assets

0.040%

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: HERBEIN AND COMPANY
Auditor EIN: 232415973
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,931

$46,072+10.5%

$69,779-27.0%

$55,167-7.7%

Participation rate

98.1%

67.5%+30.7pp

71.8%+26.3pp

69.0%+29.1pp

Annual return

7.39%

8.68%-1.3pp

12.99%-5.6pp

169.23%-161.8pp

Employer contribution / active EE

$1,788

$1,500+19.2%

$2,338-23.5%

$1,963-8.9%

Participant deferral / active EE

$2,969

$2,344+26.7%

$2,931+1.3%

$3,054-2.8%

Admin fee / account holder

$20

$428-95.2%

$4,381-99.5%

$504-96.0%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY2+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$2,362

CLARK, SCHAEFER, HACKETT & CO.2+ years

Filed as: CLARK, RONALD L.

Service code 49

5700 CORPORATE DR · PITTSBURGH, PA 152375851

Other Services

$1,170

UNITED DAIRY, INC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNITED DAIRY, INC 401(K) PLAN

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