Retirement plan

HARVESTERS 403B PLAN

Name: HARVESTERS THE COMMUNITY FOOD NETWORK - HARVESTERS 403B PLAN (2016) Form 5500
Creator: HARVESTERS THE COMMUNITY FOOD NETWORK
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HARVESTERS 403B PLAN, HARVESTERS THE COMMUNITY FOOD NETWORK

HARVESTERS THE COMMUNITY FOOD NETWORKEIN 43-1208665Plan #002PY 2016

3801 TOPPING AVE - KANSAS CITY, MO 64129816-929-3032harvesters.orgLinkedIn51-200 employeescivic & social organization

Prospect flagsHigh feesRecently reached 100 employees

How to read this page

Total assets (EOY)

$2.2M

+28.1% from 2015

Total participants

140

+22.8% from 2015

Average account balance

$20,115

+12.5% from 2015

Annual return

8.51%

+0.89 pp from 2015

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.24M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

127

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.

99.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$553K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$247

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 codes2F2G2L2T

Plan features

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$46K

$362 / participant

Other / not subdivided$46K100.0%

% of EOY assets

2.151%

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

$20,115

$46,732-57.0%

$156,551-87.2%

$55,167-63.5%

Participation rate

74.2%

65.8%+8.4pp

84.0%-9.8pp

69.0%+5.2pp

Annual return

8.51%

17.72%-9.2pp

32.23%-23.7pp

169.23%-160.7pp

Employer contribution / active EE

$1,534

$2,105-27.1%

$5,501-72.1%

$1,963-21.8%

Participant deferral / active EE

$1,377

$2,204-37.5%

$4,871-71.7%

$3,054-54.9%

Admin fee / account holder

$433

$418+3.4%

$13,028-96.7%

$504-14.1%

HARVESTERS 403B PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HARVESTERS 403B 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