Retirement plan

JOHN B. SANFILIPPO & SON, INC. 401(K) PLAN

Name: JOHN B. SANFILIPPO & SON, INC - JOHN B. SANFILIPPO & SON, INC. 401(K) PLAN (2019) Form 5500
Creator: JOHN B. SANFILIPPO & SON, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JOHN B. SANFILIPPO & SON, INC. 401(K) PLAN, JOHN B. SANFILIPPO & SON, INC

JOHN B. SANFILIPPO & SON, INCEIN 36-2419677Plan #002PY 2019

1703 N. RANDALL ROAD - ELGIN, IL 60123847-289-1800jbssinc.comLinkedIn1001-5000 employeesfood production

Prospect flagsLow participationCorrective distributions

Top hat statement on fileNQDC

Filed October 18, 2022 (most recent of 2 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view

1703 N. Randall Rd.

Elgin, IL 60123

Email— Sign in and upgrade to view Phone— Sign in and upgrade to view

Plans declared (1)

John B. Sanfilippo & Son, Inc. Non-Qualified Deferred Compensation Plan20 emp

Open the filing PDF

How to read this page

Total assets (EOY)

$67.5M

+25.4% from 2018

Total participants

1,563

-1.2% from 2018

Average account balance

$64,455

+27.0% from 2018

Annual return

20.62%

+23.58 pp from 2018

Benchmarks

See 230 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort230 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$127.06M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

1,939

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.

95.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$11.89M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+18.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$77

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

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

Service providers

Top 10 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.5+ years Service code 49 · EIN 04-1590850	Other Services	$42,921
SHERIDAN ROAD ADVISORS LLC1 year Service code 27 · EIN 13-4284240	Advisory (Plan)	$34,950
INDEPENDENT FINANCIAL PARTNERS5+ years Service code 27 · EIN 59-3331424	Advisory (Plan)	$17,362
MUELLER & CO, LLP1 year Filed as: MUELLER & CO LLP Service code 10 · EIN 36-2658780	Accounting	$7,800
BLACKROCK2 years Service code 52 · EIN 51-0318674	Indirect Investment Fees	$0
FRANKLIN TEMPLETON3 years Filed as: FRANKLINTEMPLETON Service code 52 · EIN 59-6865210	Indirect Investment Fees	$0
INVESCO3 years Service code 52 · EIN 13-5657518	Indirect Investment Fees	$0
LEGG MASON2 years Service code 52 · EIN 95-2705767	Indirect Investment Fees	$0
PIMCO FUNDS3 years Service code 52 · EIN 95-2632339	Indirect Investment Fees	$0
T ROWE PRICE RPS INC3 years Filed as: T. ROWE PRICE Service code 52 · EIN 52-1151266	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D2T

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$108K

$78 / participant

Investment mgmt$52K48.5%
Contract admin$43K39.5%
Other / not subdivided$13K12.0%

% of EOY assets

0.160%

all-in expense ratio

Categories reported

2 / 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: MUELLER & CO., LLP
Auditor EIN: 362658780
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$64,455

$65,708-1.9%

$76,667-15.9%

$77,775-17.1%

Participation rate

62.8%

79.0%-16.2pp

72.1%-9.3pp

73.2%-10.4pp

Annual return

20.62%

49.86%-29.2pp

1166.74%-1146.1pp

32.58%-12.0pp

Employer contribution / active EE

$1,486

$2,167-31.4%

$2,303-35.5%

$2,504-40.7%

Participant deferral / active EE

$3,041

$3,254-6.5%

$3,336-8.8%

$3,966-23.3%

Admin fee / account holder

$103

$91+13.5%

$6,423-98.4%

$100+3.0%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.5+ years

Service code 49 · EIN 04-1590850

Other Services

$42,921

SHERIDAN ROAD ADVISORS LLC1 year

Service code 27 · EIN 13-4284240

Advisory (Plan)

$34,950

INDEPENDENT FINANCIAL PARTNERS5+ years

Service code 27 · EIN 59-3331424

Advisory (Plan)

$17,362

MUELLER & CO, LLP1 year

Filed as: MUELLER & CO LLP

Service code 10 · EIN 36-2658780

Accounting

$7,800

BLACKROCK2 years

Service code 52 · EIN 51-0318674

Indirect Investment Fees

FRANKLIN TEMPLETON3 years

Filed as: FRANKLINTEMPLETON

Service code 52 · EIN 59-6865210

Indirect Investment Fees

INVESCO3 years

Service code 52 · EIN 13-5657518

Indirect Investment Fees

LEGG MASON2 years

Service code 52 · EIN 95-2705767

Indirect Investment Fees

PIMCO FUNDS3 years

Service code 52 · EIN 95-2632339

Indirect Investment Fees

T ROWE PRICE RPS INC3 years

Filed as: T. ROWE PRICE

Service code 52 · EIN 52-1151266

Indirect Investment Fees

JOHN B. SANFILIPPO & SON, INC. 401(K) 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

JOHN B. SANFILIPPO & SON, INC. 401(K) 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