Retirement plan

AUNT MILLIE'S BAKERIES UNION 401(K) SAVINGS PLAN

Name: PERFECTION BAKERIES, INC. - AUNT MILLIE'S BAKERIES UNION 401(K) SAVINGS PLAN (2015) Form 5500
Creator: PERFECTION BAKERIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AUNT MILLIE'S BAKERIES UNION 401(K) SAVINGS PLAN, PERFECTION BAKERIES, INC.

PERFECTION BAKERIES, INC.EIN 35-0577170Plan #002PY 2015

350 PEARL STREET - FORT WAYNE, IN 468021508260-424-8245

Other plans on this EIN

2 filings

#007Retirement-$63.5M assets #009Retirement-$2.2M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$74.1M

No prior year

Total participants

1,002

No prior year

Average account balance

$73,936

No prior year

Annual return

-1.38%

No prior year

Benchmarks

See 601 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort601 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$106.22M

Not enough data

1 years with asset history on file

Average account balance

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

$113K

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.

936

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.76M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+13.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$259

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
JOHN HANCOCK LIFE INSURANCE COMPANY1+ years Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS Service code 15 · EIN 01-0233346	Recordkeeping	$74,564
PROCOURSE FIDUCIARY ADVISORS, LLC1+ years Filed as: PROCOURSE FIDUCIARY ADVISORS LLC Service code 17 · EIN 45-5291215	Pension Consulting	$26,800
JP MORGAN INVESTMENT MANAGEMENT INC1+ years Filed as: NEW YORK LIFE INVESTMENT MANAGEMENT Service code 15 · EIN 52-2206685	Recordkeeping	$17,165
CROWE LLP1+ years Filed as: CROWE HORWAT LLP Service code 10 · EIN 35-0921680	Accounting	$10,675

Plan features & details

Pension benefit codes2C2F2G2J2K

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$129K

$163 / participant

Contract admin$92K71.0%
Other / not subdivided$37K29.0%

% of EOY assets

0.174%

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: CROWE HORWATH, LLP
Auditor EIN: 350921680
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$73,936

$48,277+53.2%

$63,244+16.9%

$55,191+34.0%

Participation rate

100.0%

69.4%+30.6pp

71.0%+29.0pp

69.2%+30.8pp

Annual return

-1.38%

2.37%-3.7pp

-70.31%+68.9pp

10.78%-12.2pp

Employer contribution / active EE

$3,476

$1,592+118.4%

$2,322+49.7%

$1,899+83.1%

Participant deferral / active EE

$2,630

$2,432+8.1%

$2,953-10.9%

$3,046-13.7%

Admin fee / account holder

$129

$86+50.0%

$5,893-97.8%

$91+42.0%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY1+ years

Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS

Service code 15 · EIN 01-0233346

Recordkeeping

$74,564

PROCOURSE FIDUCIARY ADVISORS, LLC1+ years

Filed as: PROCOURSE FIDUCIARY ADVISORS LLC

Service code 17 · EIN 45-5291215

Pension Consulting

$26,800

JP MORGAN INVESTMENT MANAGEMENT INC1+ years

Filed as: NEW YORK LIFE INVESTMENT MANAGEMENT

Service code 15 · EIN 52-2206685

Recordkeeping

$17,165

CROWE LLP1+ years

Filed as: CROWE HORWAT LLP

Service code 10 · EIN 35-0921680

Accounting

$10,675

AUNT MILLIE'S BAKERIES UNION 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AUNT MILLIE'S BAKERIES UNION 401(K) SAVINGS 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