Retirement plan

GRIFFITH SUPPLEMENTAL RETIREMENT & SAVINGS PLAN

Name: GRIFFITH FOODS GROUP, INC. - GRIFFITH SUPPLEMENTAL RETIREMENT & SAVINGS PLAN (2016) Form 5500
Creator: GRIFFITH FOODS GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GRIFFITH SUPPLEMENTAL RETIREMENT & SAVINGS PLAN, GRIFFITH FOODS GROUP, INC.

GRIFFITH FOODS GROUP, INC.EIN 36-1170680Plan #002PY 2016

1 GRIFFITH CENTER - ALSIP, IL 608033495708-371-0900LinkedIn501-1000 employeesfood production

Prospect flagsHigh assets / participant

Top hat statement on fileNQDC

Filed March 24, 2015 (most recent of 2 filings on file)

Plan administrator

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One Griffth Center

Alsip State: IL Zip Code: 60803

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Plans declared (1)

Griffith Laboratories Inc. Deferred Compensation Plan33 emp

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Total assets (EOY)

$219.8M

+4.9% from 2015

Total participants

795

+6.4% from 2015

Average account balance

$277,182

-1.5% from 2015

Annual return

8.43%

+4.07 pp from 2015

Benchmarks

See 682 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort682 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$261.52M

Not enough data

1 years with asset history on file

Average account balance

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

$212K

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.

1,235

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.

98.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$15.62M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+19.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$149

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.2+ years Service code 15 · EIN 94-1347393	Recordkeeping	$151,584
BPS&M2+ years Filed as: BPS&M, LLC Service code 15 · EIN 62-0853448	Recordkeeping	$30,548
RAYMOND JAMES FINANCIAL SERVICES2+ years Filed as: RAYMOND JAMES & ASSOCIATES INC. Service code 28 · EIN 59-1237041	Investment Management	$25,000

Plan features & details

Pension benefit codes2E2H2J2O2K

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$207K

$303 / participant

Other / not subdivided$207K100.0%

% of EOY assets

0.094%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SMITH & CULL, LTD.
Auditor EIN: 363736640
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$277,182

$50,106+453.2%

$69,779+297.2%

$57,658+380.7%

Participation rate

99.7%

70.9%+28.9pp

71.8%+27.9pp

70.2%+29.5pp

Annual return

8.43%

14.58%-6.2pp

12.99%-4.6pp

5.13%+3.3pp

Employer contribution / active EE

$8,153

$1,739+368.8%

$2,338+248.7%

$1,974+313.1%

Participant deferral / active EE

$6,920

$2,486+178.4%

$2,931+136.1%

$3,061+126.1%

Admin fee / account holder

$262

$89+193.2%

$4,381-94.0%

$95+176.6%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.2+ years

Service code 15 · EIN 94-1347393

Recordkeeping

$151,584

BPS&M2+ years

Filed as: BPS&M, LLC

Service code 15 · EIN 62-0853448

Recordkeeping

$30,548

RAYMOND JAMES FINANCIAL SERVICES2+ years

Filed as: RAYMOND JAMES & ASSOCIATES INC.

Service code 28 · EIN 59-1237041

Investment Management

$25,000

GRIFFITH SUPPLEMENTAL RETIREMENT & SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GRIFFITH SUPPLEMENTAL RETIREMENT & SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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