Retirement plan

PULASKI-ALEXANDER COUNTY FARM BUREAU 401(K) PLAN

Name: PULASKI-ALEXANDER FARM BUREAU - PULASKI-ALEXANDER COUNTY FARM BUREAU 401(K) PLAN (2022) Form 5500
Creator: PULASKI-ALEXANDER FARM BUREAU
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PULASKI-ALEXANDER COUNTY FARM BUREAU 401(K) PLAN, PULASKI-ALEXANDER FARM BUREAU

PULASKI-ALEXANDER FARM BUREAUEIN 37-0667499Plan #001PY 2022

404 SOUTH BLANCHE, PO BOX 310 - MOUNDS, IL 629640310618-745-9420LinkedIn1-10 employeescivic & social organization

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$39K

-7.4% from 2021

Total participants

+50.0% from 2021

Average account balance

$19,723

-7.4% from 2021

Annual return

-12.63%

-16.01 pp from 2021

Benchmarks

See 6,310 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants<25

Cohort6,310 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$49K

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

66.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$666

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

+4.20%

Not enough data

1 years with return on file

Admin fee / account holder

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

$399

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 codes2E2F2G2J2T3D

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.
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.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$294

$98 / participant

Other / not subdivided$294100.0%

% of EOY assets

0.745%

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

$19,723

$129,959-84.8%

$104,301-81.1%

$134,532-85.3%

Participation rate

66.7%

79.5%-12.9pp

73.3%-6.6pp

81.2%-14.6pp

Annual return

-12.63%

42.04%-54.7pp

24.61%-37.2pp

418.27%-430.9pp

Employer contribution / active EE

$4,185-100.0%

$3,373-100.0%

$4,741-100.0%

Participant deferral / active EE

$742

$5,589-86.7%

$4,626-84.0%

$6,401-88.4%

Admin fee / account holder

$147

$9,325-98.4%

$7,340-98.0%

$11,429-98.7%

PULASKI-ALEXANDER COUNTY FARM BUREAU 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PULASKI-ALEXANDER COUNTY FARM BUREAU 401(K) 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