Retirement plan

LARRY YOUNGGREN & SONS, INC. EMPLOYEE'S PROFIT SHARING PLAN

Name: LARRY YOUNGGREN & SONS, INC. - LARRY YOUNGGREN & SONS, INC. EMPLOYEE'S PROFIT SHARING PLAN (2020) Form 5500
Creator: LARRY YOUNGGREN & SONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LARRY YOUNGGREN & SONS, INC. EMPLOYEE'S PROFIT SHARING PLAN, LARRY YOUNGGREN & SONS, INC.

LARRY YOUNGGREN & SONS, INC.EIN 41-1339351Plan #002PY 2020

722 SOUTH 6TH ST. - HALLOCK, MN 56728218-843-3318

Other plans on this EIN

2 filings

#005Retirement-$855K assets #003Retirement-$305K assets

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$354K

+18.4% from 2019

Total participants

0.0% from 2019

Average account balance

$354,460

+18.4% from 2019

Annual return

18.45%

-6.48 pp from 2019

Benchmarks

See 5,433 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants<25

Cohort5,433 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$487K

Not enough data

1 years with asset history on file

Average account balance

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

$487K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 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

+17.25%

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 codes2E2G

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$354,460

$149,741+136.7%

$118,914+198.1%

$158,982+123.0%

Participation rate

100.0%

82.1%+17.9pp

75.4%+24.6pp

82.0%+18.0pp

Annual return

18.45%

19.94%-1.5pp

35.89%-17.4pp

302.99%-284.5pp

Employer contribution / active EE

$4,119-100.0%

$3,264-100.0%

$4,763-100.0%

Participant deferral / active EE

$5,226-100.0%

$4,266-100.0%

$5,983-100.0%

Admin fee / account holder

$8,607-100.0%

$6,582-100.0%

$11,252-100.0%

LARRY YOUNGGREN & SONS, INC. EMPLOYEE'S PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

LARRY YOUNGGREN & SONS, INC. EMPLOYEE'S PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion