Retirement plan

WHITE OAK FARMS PARTNERSHIP 401(K) PROFIT SHARING PLAN

Name: WHITE OAK FARMS PARTNERSHIP - WHITE OAK FARMS PARTNERSHIP 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: WHITE OAK FARMS PARTNERSHIP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WHITE OAK FARMS PARTNERSHIP 401(K) PROFIT SHARING PLAN, WHITE OAK FARMS PARTNERSHIP

WHITE OAK FARMS PARTNERSHIPEIN 35-1754447Plan #001PY 2024

5008 EAST S.R. 42 - CLOVERDALE, IN 46120765-795-3615LinkedIn11-50 employeesfarming

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$961K

-33.4% from 2023

Total participants

-8.3% from 2023

Average account balance

$87,394

-27.4% from 2023

Annual return

2.25%

+0.39 pp from 2023

Benchmarks

See 6,259 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants<25

Cohort6,259 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$649K

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

127.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$234K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+3.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$41121

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$688K

$76420 / participant

Other / not subdivided$688K100.0%

% of EOY assets

71.544%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$87,394

$150,346-41.9%

$120,524-27.5%

$145,877-40.1%

Participation rate

100.0%

78.8%+21.2pp

71.9%+28.1pp

80.3%+19.7pp

Annual return

2.25%

154.40%-152.2pp

107.36%-105.1pp

551.28%-549.0pp

Employer contribution / active EE

$2,901

$4,353-33.4%

$3,469-16.4%

$4,663-37.8%

Participant deferral / active EE

$16,222

$6,172+162.8%

$4,994+224.9%

$6,691+142.5%

Admin fee / account holder

$62,526

$12,215+411.9%

$9,440+562.4%

$13,402+366.5%

WHITE OAK FARMS PARTNERSHIP 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WHITE OAK FARMS PARTNERSHIP 401(K) 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