Retirement plan

ADM ALLIANCE NUTRITION OF PUERTO RICO, LLC CASH OR DEFERRED ARRANGEMENT PROFIT SHARING PLAN

Name: ADM ALLIANCE NUTRITION OF PUERTO RICO, LLC - ADM ALLIANCE NUTRITION OF PUERTO RICO, LLC CASH OR DEFERRED ARRANGEMENT PROFIT SHARING PLAN (2017) Form 5500
Creator: ADM ALLIANCE NUTRITION OF PUERTO RICO, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ADM ALLIANCE NUTRITION OF PUERTO RICO, LLC CASH OR DEFERRED ARRANGEMENT PROFIT SHARING PLAN, ADM ALLIANCE NUTRITION OF PUERTO RICO, LLC

ADM ALLIANCE NUTRITION OF PUERTO RICO, LLCEIN 35-1365349Plan #001PY 2017

PO BOX 908 - HATILLO, PR 006590908787-878-7474

Prospect flagsLow returnsHigh cashFailed to transmit contributions

How to read this page

Total assets (EOY)

$3.5M

+21.5% from 2016

Total participants

132

-2.2% from 2016

Average account balance

$29,667

+21.5% from 2016

Annual return

10.40%

+6.14 pp from 2016

Benchmarks

See 1,704 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,704 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.00M

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

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.

105.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$467K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+10.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1820

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

0 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
BENEFIT PLANS ADMIN SERVICES, INC.3+ years Filed as: BENEFIT PLANS ADMIN SERVICES Service code 15 · EIN 16-1503696	Recordkeeping	$4,188
UBS FINANCIAL SERVICES INC3+ years Filed as: UBS TRUST COMPANY OF PUERTO RICO Service code 21 · EIN 65-0532499	Bank Trustee	$2,610

Plan features & details

Pension benefit codes2E2F2G2T3C

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.
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.
3C
Plan not intended to be qualified
A plan not intended to be qualified under Code sections 401 403 or 408.

Opportunity flags

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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

$7K

$57 / participant

Contract admin$7K100.0%

% of EOY assets

0.194%

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: RSM PUERTO RICO
Auditor EIN: 660388756
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,667

$50,637-41.4%

$86,582-65.7%

$62,293-52.4%

Participation rate

88.2%

67.9%+20.3pp

73.5%+14.7pp

69.5%+18.7pp

Annual return

10.40%

20.80%-10.4pp

965.08%-954.7pp

28.90%-18.5pp

Employer contribution / active EE

$1,025

$2,075-50.6%

$2,839-63.9%

$2,042-49.8%

Participant deferral / active EE

$2,002

$2,611-23.3%

$3,609-44.5%

$3,169-36.8%

Admin fee / account holder

$58

$413-86.1%

$4,904-98.8%

$479-88.0%

Provider

Service type

Compensation

BENEFIT PLANS ADMIN SERVICES, INC.3+ years

Filed as: BENEFIT PLANS ADMIN SERVICES

Service code 15 · EIN 16-1503696

Recordkeeping

$4,188

UBS FINANCIAL SERVICES INC3+ years

Filed as: UBS TRUST COMPANY OF PUERTO RICO

Service code 21 · EIN 65-0532499

Bank Trustee

$2,610

ADM ALLIANCE NUTRITION OF PUERTO RICO, LLC CASH OR DEFERRED ARRANGEMENT PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ADM ALLIANCE NUTRITION OF PUERTO RICO, LLC CASH OR DEFERRED ARRANGEMENT PROFIT SHARING 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