Retirement plan

UNITED DAIRY, INC. 401(K) PLAN

Name: UNITED DAIRY, INC. - UNITED DAIRY, INC. 401(K) PLAN (2023) 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, INC.EIN 34-1141090Plan #003PY 2023

300 NORTH 5TH STREET - MARTINS FERRY, OH 43935740-633-1451drinkunited.comLinkedIn51-200 employeesfood production

Other plans on this EIN

1 filing

#002Retirement-$1.3M assets

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$10.2M

+21.0% from 2022

Total participants

148

+7.2% from 2022

Average account balance

$76,958

+14.6% from 2022

Annual return

16.80%

+33.35 pp from 2022

Benchmarks

See 938 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort938 peers

Snapshot2023

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
CETERA ADVISOR NETWORKS LLC3 years Service code 27 2301 ROSCRANS AVE · EL SEGUNDO, CA 902455670	Advisory (Plan)	$13,985
JPMORGAN INVEST HOLDINGS LLC5 years Service code 64 · EIN 13-2624428	Recordkeeping Fees	$357

Plan features & details

Pension benefit codes2E2F2G2J2S2T3B3D

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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$14K

$116 / participant

Recordkeeping$3572.5%
Investment mgmt$14K97.5%

% of EOY assets

0.141%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HERBEIN AND COMPANY
Auditor EIN: 232415973
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$76,958

$56,438+36.4%

$76,872+0.1%

$71,511+7.6%

Participation rate

87.1%

64.3%+22.8pp

69.6%+17.5pp

67.9%+19.2pp

Annual return

16.80%

19.05%-2.2pp

37.90%-21.1pp

28.86%-12.1pp

Employer contribution / active EE

$2,277

$1,864+22.2%

$2,533-10.1%

$2,589-12.1%

Participant deferral / active EE

$3,147

$3,136+0.3%

$3,832-17.9%

$4,291-26.6%

Admin fee / account holder

$109

$1,430-92.4%

$5,476-98.0%

$1,588-93.2%

Provider

Service type

Compensation

CETERA ADVISOR NETWORKS LLC3 years

Service code 27

2301 ROSCRANS AVE · EL SEGUNDO, CA 902455670

Advisory (Plan)

$13,985

JPMORGAN INVEST HOLDINGS LLC5 years

Service code 64 · EIN 13-2624428

Recordkeeping Fees

$357

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