Retirement plan

BATORY FOODS 401(K) PROFIT SHARING PLAN

Name: TOTAL SWEETENERS, INC. - BATORY FOODS 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: TOTAL SWEETENERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BATORY FOODS 401(K) PROFIT SHARING PLAN, TOTAL SWEETENERS, INC.

TOTAL SWEETENERS, INC.dba BATORY FOODSEIN 36-3005310Plan #001PY 2024

10255 WEST HIGGINS ROAD, SUITE 500 - ROSEMONT, IL 60018847-299-1999

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$106.2M

+15.4% from 2023

Total participants

613

+42.2% from 2023

Average account balance

$173,252

-18.9% from 2023

Annual return

20.26%

+0.54 pp from 2023

Benchmarks

See 1,403 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,403 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$106.20M

Not enough data

1 years with asset history on file

Average account balance

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

$173K

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.

613

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.88M

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

+20.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$207

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 3 by compensation

Provider	Service type	Compensation
AMERICAN REALTY ADVISORS1 year Filed as: FIRST AMERICAN BANK Service code 13 · EIN 36-1078850 700 BUSSE ROAD · ELK GROVE VILLAGE, IL 60007	Contract Administrator	$100,487
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD, CO 80111	Recordkeeping Fees	$20,602
BATORY FOODS4 years Service code 35 · EIN 36-3005310 10255 WEST HIGGINS ROAD · ROSEMONT, IL 60018	Employee (plan sponsor)	$15,000

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$127K

$235 / participant

Recordkeeping$90K70.6%
Contract admin$22K17.5%
Other / not subdivided$15K11.8%

% of EOY assets

0.119%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: LIPSCHULTZ, LEVIN & GRAY
Auditor EIN: 362260623
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$173,252

$89,465+93.7%

$165,100+4.9%

$77,762+122.8%

Participation rate

100.0%

78.6%+21.4pp

70.6%+29.4pp

Annual return

20.26%

28.86%-8.6pp

70.21%-50.0pp

31.27%-11.0pp

Employer contribution / active EE

$3,819

$2,565+48.9%

$4,348-12.2%

$2,728+40.0%

Participant deferral / active EE

$3,377

$4,904-31.1%

$6,035-44.0%

$4,651-27.4%

Admin fee / account holder

$207

$340-39.1%

$12,696-98.4%

$433-52.2%

Provider

Service type

Compensation

AMERICAN REALTY ADVISORS1 year

Filed as: FIRST AMERICAN BANK

Service code 13 · EIN 36-1078850

700 BUSSE ROAD · ELK GROVE VILLAGE, IL 60007

Contract Administrator

$100,487

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64 · EIN 84-0467907

8515 EAST ORCHARD ROAD · GREENWOOD, CO 80111

Recordkeeping Fees

$20,602

BATORY FOODS4 years

Service code 35 · EIN 36-3005310

10255 WEST HIGGINS ROAD · ROSEMONT, IL 60018

Employee (plan sponsor)

$15,000

BATORY FOODS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BATORY FOODS 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