Retirement plan

STRUBE CELERY AND VEGETABLE COMPANY EMPLOYEES' PROFIT SHARING PLAN AND TRUST

Name: STRUBE CELERY AND VEGETABLE COMPANY - STRUBE CELERY AND VEGETABLE COMPANY EMPLOYEES' PROFIT SHARING PLAN AND TRUST (2020) Form 5500
Creator: STRUBE CELERY AND VEGETABLE COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STRUBE CELERY AND VEGETABLE COMPANY EMPLOYEES' PROFIT SHARING PLAN AND TRUST, STRUBE CELERY AND VEGETABLE COMPANY

STRUBE CELERY AND VEGETABLE COMPANYEIN 36-1835530Plan #001PY 2020

2404 SOUTH WOLCOTT AVENUE UNITS 16- - CHICAGO, IL 60608773-446-4000strube.comLinkedIn51-200 employeesfood & beverages

Prospect flagsHigh feesHigh assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$9.3M

+10.4% from 2019

Total participants

-6.7% from 2019

Average account balance

$344,788

+10.4% from 2019

Annual return

11.86%

-5.94 pp from 2019

Benchmarks

See 9,207 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,207 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$80K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+2.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2F2G2J3D

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.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$315K

$12603 / participant

Other / not subdivided$315K100.0%

% of EOY assets

3.384%

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

$344,788

$91,559+276.6%

$133,978+157.3%

$79,856+331.8%

Participation rate

96.0%

73.3%+22.7pp

79.8%+16.2pp

69.6%+26.4pp

Annual return

11.86%

61.85%-50.0pp

45.10%-33.2pp

31.71%-19.8pp

Employer contribution / active EE

$4,320

$2,384+81.2%

$3,919+10.2%

$2,471+74.8%

Participant deferral / active EE

$1,766

$3,734-52.7%

$5,047-65.0%

$3,741-52.8%

Admin fee / account holder

$11,669

$6,321+84.6%

$8,930+30.7%

$5,306+119.9%

STRUBE CELERY AND VEGETABLE COMPANY EMPLOYEES' PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STRUBE CELERY AND VEGETABLE COMPANY EMPLOYEES' PROFIT SHARING PLAN AND TRUST

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