Retirement plan

PINE MANOR, INC. 401(K) PLAN

Name: PINE MANOR, INC. - PINE MANOR, INC. 401(K) PLAN (2019) Form 5500
Creator: PINE MANOR, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PINE MANOR, INC. 401(K) PLAN, PINE MANOR, INC.

PINE MANOR, INC.EIN 35-1070631Plan #001PY 2019

9622 W 350 NORTH - ORLAND, IN 46776260-829-6550pinemanorfarms.comLinkedIn501-1000 employees

Prospect flagsHigh cashLow participation

How to read this page

Total assets (EOY)

$8.1M

+32.6% from 2018

Total participants

573

+1.2% from 2018

Average account balance

$26,256

+15.1% from 2018

Annual return

22.40%

+27.81 pp from 2018

Benchmarks

See 691 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort691 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.11M

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

324

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.

32.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.99M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$354

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
LAKE CITY BANK2 years Service code 26 · EIN 35-0458180	Advisory (Participants)	$32,535
ASCENSUS LLC2 years Filed as: ASCENSUS CONSULTING Service code 15 · EIN 11-3665754	Recordkeeping	$12,185
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 45-1558009	Securities Custodian	$871
CHARLES SCHWAB & CO., INC.2 years Service code 71 · EIN 94-1737782	Brokerage Fees	$29

Plan features & details

Pension benefit codes2E2F2G2J3D3H2K

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$75K

$141 / participant

Investment mgmt$33K43.3%
Contract admin$2K2.8%
Other / not subdivided$40K53.9%

% of EOY assets

0.923%

all-in expense ratio

Categories reported

2 / 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, LLP
Auditor EIN: 350921680
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,256

$55,790-52.9%

$76,823-65.8%

$67,579-61.1%

Participation rate

50.7%

71.1%-20.4pp

72.1%-21.4pp

71.3%-20.6pp

Annual return

22.40%

64.45%-42.1pp

1166.42%-1144.0pp

378.56%-356.2pp

Employer contribution / active EE

$1,006

$1,810-44.4%

$2,302-56.3%

$2,148-53.2%

Participant deferral / active EE

$1,501

$2,875-47.8%

$3,336-55.0%

$3,539-57.6%

Admin fee / account holder

$242

$159+52.3%

$6,422-96.2%

$142+70.4%

Provider

Service type

Compensation

LAKE CITY BANK2 years

Service code 26 · EIN 35-0458180

Advisory (Participants)

$32,535

ASCENSUS LLC2 years

Filed as: ASCENSUS CONSULTING

Service code 15 · EIN 11-3665754

Recordkeeping

$12,185

CHARLES SCHWAB & CO., INC.2 years

Filed as: CHARLES SCHWAB BANK

Service code 19 · EIN 45-1558009

Securities Custodian

$871

CHARLES SCHWAB & CO., INC.2 years

Service code 71 · EIN 94-1737782

Brokerage Fees

$29

PINE MANOR, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PINE MANOR, 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