Retirement plan

THE ARTHUR COMPANIES, INC. 401(K) PROFIT SHARING PLAN

Name: THE ARTHUR COMPANIES, INC. - THE ARTHUR COMPANIES, INC. 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: THE ARTHUR COMPANIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE ARTHUR COMPANIES, INC. 401(K) PROFIT SHARING PLAN, THE ARTHUR COMPANIES, INC.

THE ARTHUR COMPANIES, INC.EIN 45-0130650Plan #001PY 2023

429 MAIN STREET, PO BOX 145 - ARTHUR, ND 58006701-997-6101arthurcompanies.comLinkedIn51-200 employeesfarming

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$19.4M

+26.3% from 2022

Total participants

189

+8.6% from 2022

Average account balance

$121,108

+20.0% from 2022

Annual return

22.11%

+35.49 pp from 2022

Benchmarks

See 536 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants100-249

Cohort536 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.92M

Not enough data

1 years with asset history on file

Average account balance

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

$142K

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.

168

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.

85.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.85M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+19.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$231

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 1 by compensation

Provider	Service type	Compensation
BELL BANK2 years Service code 15 · EIN 45-0283315	Recordkeeping	$32,598

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$33K

$201 / participant

Recordkeeping$2K6.0%
Contract admin$31K94.0%

% of EOY assets

0.168%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: EIDE BAILLY
Auditor EIN: 450250958
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$121,108

$57,752+109.7%

$112,273+7.9%

$71,511+69.4%

Participation rate

82.1%

58.8%+23.3pp

72.4%+9.7pp

67.9%+14.2pp

Annual return

22.11%

18.25%+3.9pp

30.23%-8.1pp

28.86%-6.7pp

Employer contribution / active EE

$3,671

$1,912+92.0%

$3,431+7.0%

$2,589+41.8%

Participant deferral / active EE

$5,473

$2,860+91.3%

$4,800+14.0%

$4,291+27.6%

Admin fee / account holder

$204

$1,586-87.2%

$7,752-97.4%

$1,588-87.2%

Provider

Service type

Compensation

BELL BANK2 years

Service code 15 · EIN 45-0283315

Recordkeeping

$32,598

THE ARTHUR COMPANIES, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE ARTHUR COMPANIES, INC. 401(K) PROFIT SHARING 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