Retirement plan

EMPLOYEES' SAVINGS PLAN OF BECK'S SUPERIOR HYBRIDS, INC.

Name: BECK'S SUPERIOR HYBRIDS, INC. - EMPLOYEES' SAVINGS PLAN OF BECK'S SUPERIOR HYBRIDS, INC. (2024) Form 5500
Creator: BECK'S SUPERIOR HYBRIDS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEES' SAVINGS PLAN OF BECK'S SUPERIOR HYBRIDS, INC., BECK'S SUPERIOR HYBRIDS, INC.

BECK'S SUPERIOR HYBRIDS, INC.EIN 35-1139823Plan #002PY 2024

6767 E. 276TH STREET - ATLANTA, IN 46031317-984-3508farmserver.comLinkedIn1-10 employees

Other plans on this EIN

1 filing

#001Retirement-$59.0M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$109.1M

+24.7% from 2023

Total participants

1,217

+5.4% from 2023

Average account balance

$92,141

+18.6% from 2023

Annual return

16.39%

-6.52 pp from 2023

Benchmarks

See 79 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants1,000-4,999

Cohort79 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$136.27M

Not enough data

1 years with asset history on file

Average account balance

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

$108K

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.

1,258

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.

97.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$12.54M

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

+19.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$108

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 60 · EIN 04-2647786	Sub-TA Fees	$86,020
SHEPHERD FINANCIAL INVESTMENT ADVIS7 years Filed as: SHEPHERD FINANCIAL INVESTMENT Service code 27 · EIN 82-0759826	Advisory (Plan)	$28,641

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D

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.
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.
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

$115K

$108 / participant

Recordkeeping$86K75.0%
Investment mgmt$29K25.0%

% of EOY assets

0.105%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: $0
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$92,141

$55,347+66.5%

$120,354-23.4%

$199,593-53.8%

Participation rate

96.9%

52.9%+44.0pp

71.9%+25.0pp

72.0%+24.9pp

Annual return

16.39%

15.37%+1.0pp

107.15%-90.8pp

34.25%-17.9pp

Employer contribution / active EE

$2,317

$1,296+78.8%

$3,463-33.1%

$3,034-23.6%

Participant deferral / active EE

$7,884

$2,350+235.4%

$4,991+58.0%

$5,087+55.0%

Admin fee / account holder

$97

$134-27.8%

$9,423-99.0%

$269-64.0%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 60 · EIN 04-2647786

Sub-TA Fees

$86,020

SHEPHERD FINANCIAL INVESTMENT ADVIS7 years

Filed as: SHEPHERD FINANCIAL INVESTMENT

Service code 27 · EIN 82-0759826

Advisory (Plan)

$28,641

EMPLOYEES' SAVINGS PLAN OF BECK'S SUPERIOR HYBRIDS, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEES' SAVINGS PLAN OF BECK'S SUPERIOR HYBRIDS, INC.

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