Retirement plan

INDIAN SUMMER CO-OP, INC. 401K PROFIT SHARING PLAN & TRUST

Name: INDIAN SUMMER CO-OP, INC. - INDIAN SUMMER CO-OP, INC. 401K PROFIT SHARING PLAN & TRUST (2018) Form 5500
Creator: INDIAN SUMMER CO-OP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INDIAN SUMMER CO-OP, INC. 401K PROFIT SHARING PLAN & TRUST, INDIAN SUMMER CO-OP, INC.

INDIAN SUMMER CO-OP, INC.EIN 38-2010989Plan #001PY 2018

3958 WEST CHAUVEZ ROAD - LUDINGTON, MI 49431231-845-6248LinkedIn201-500 employeesfood production

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$2.4M

-6.1% from 2017

Total participants

429

+4.4% from 2017

Average account balance

$22,512

+0.8% from 2017

Annual return

-2.48%

-11.94 pp from 2017

Benchmarks

See 705 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort705 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.40M

Not enough data

1 years with asset history on file

Average account balance

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

$15K

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.

225

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.

45.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$202K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$415

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

+9.51%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12

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

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

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

$987

$2 / participant

Other / not subdivided$987100.0%

% of EOY assets

0.041%

all-in expense ratio

Categories reported

0 / 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: BRICKLEY DELONG, PC
Auditor EIN: 382088116
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$22,512

$48,261-53.4%

$68,612-67.2%

$55,725-59.6%

Participation rate

24.1%

71.0%-46.9pp

72.2%-48.1pp

70.9%-46.7pp

Annual return

-2.48%

-2.61%+0.1pp

-4.63%+2.1pp

244.93%-247.4pp

Employer contribution / active EE

$1,742-100.0%

$2,625-100.0%

$2,078-100.0%

Participant deferral / active EE

$277

$2,712-89.8%

$3,311-91.6%

$3,356-91.7%

Admin fee / account holder

$126-92.8%

$5,131-99.8%

$115-92.1%

INDIAN SUMMER CO-OP, INC. 401K PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INDIAN SUMMER CO-OP, INC. 401K PROFIT SHARING PLAN & 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