Retirement plan

PULMUONE FOODS USA, INC. RETIREMENT BENEFIT PLAN

Name: PULMUONE FOODS USA, INC. - PULMUONE FOODS USA, INC. RETIREMENT BENEFIT PLAN (2017) Form 5500
Creator: PULMUONE FOODS USA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PULMUONE FOODS USA, INC. RETIREMENT BENEFIT PLAN, PULMUONE FOODS USA, INC.

PULMUONE FOODS USA, INC.EIN 42-1470703Plan #001PY 2017

2315 MOORE AVENUE - FULLERTON, CA 92833714-578-2800wildwoodfoods.comLinkedIn501-1000 employeesfood & beverages

Prospect flagsLow participationLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$3.4M

+14.1% from 2016

Total participants

365

-10.8% from 2016

Average account balance

$20,151

+19.5% from 2016

Annual return

13.92%

+5.65 pp from 2016

Benchmarks

See 32 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Cohort32 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.96M

Not enough data

1 years with asset history on file

Average account balance

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

$35K

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.

310

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.

77.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.76M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+27.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$226

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
ASCENSUS LLC1 year Filed as: ASCENSUS TPA SOLUTIONS Service code 12 · EIN 33-0962367 5832 BOLSA AVENUE SUITE 100 · HUNTINGTON BEACH, CA 92649	Claims processing; Participant loan p...	$550
FIRST MERCATILE TRUST COMPANY1 year Service code 13 · EIN 62-0951563 57 GERMANTOWN COURT FOURTH FLOOR · CORDOVA, TN 38018	Contract Administrator	$520
GLOBAL RETIREMENT PARTNERS LLC1 year Filed as: GLOBAL RETIREMENT PARTNERS Service code 17 · EIN 47-1411118 111 DEERWOOD RD SUITE 355 · SAN RAMON, CA 94583	Pension Consulting	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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

3 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.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$4K

$14 / participant

Contract admin$52014.6%
Other / not subdivided$3K85.4%

% of EOY assets

0.103%

all-in expense ratio

Categories reported

1 / 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: CHOI, KIM & PARK, LLP
Auditor EIN: 202227407
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$20,151

$49,073-58.9%

$75,501-73.3%

Participation rate

22.1%

76.4%-54.3pp

72.4%-50.3pp

Annual return

13.92%

26.22%-12.3pp

27.35%-13.4pp

Employer contribution / active EE

$3,349-100.0%

$2,352-100.0%

Participant deferral / active EE

$694

$2,605-73.3%

$3,142-77.9%

Admin fee / account holder

$21

$1,816-98.9%

$5,801-99.6%

Provider

Service type

Compensation

ASCENSUS LLC1 year

Filed as: ASCENSUS TPA SOLUTIONS

Service code 12 · EIN 33-0962367

5832 BOLSA AVENUE SUITE 100 · HUNTINGTON BEACH, CA 92649

Claims processing; Participant loan p...

$550

FIRST MERCATILE TRUST COMPANY1 year

Service code 13 · EIN 62-0951563

57 GERMANTOWN COURT FOURTH FLOOR · CORDOVA, TN 38018

Contract Administrator

$520

GLOBAL RETIREMENT PARTNERS LLC1 year

Filed as: GLOBAL RETIREMENT PARTNERS

Service code 17 · EIN 47-1411118

111 DEERWOOD RD SUITE 355 · SAN RAMON, CA 94583

Pension Consulting

PULMUONE FOODS USA, INC. RETIREMENT BENEFIT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PULMUONE FOODS USA, INC. RETIREMENT BENEFIT 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