Retirement plan

THE ALLEN HARIM GROUP 401(K) PLAN

Name: ALLEN HARIM FOODS, LLC - THE ALLEN HARIM GROUP 401(K) PLAN (2015) Form 5500
Creator: ALLEN HARIM FOODS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE ALLEN HARIM GROUP 401(K) PLAN, ALLEN HARIM FOODS, LLC

ALLEN HARIM FOODS, LLCEIN 45-3024902Plan #004PY 2015

126 NORTH SHIPLEY STREET - SEAFORD, DE 19973302-629-5080allenharimllc.comLinkedIn1001-5000 employeesfood production

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$15.9M

No prior year

Total participants

1,792

No prior year

Average account balance

$23,718

No prior year

Annual return

0.03%

No prior year

Benchmarks

See 48 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants1,000-4,999

Cohort48 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.82M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

433

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.

22.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.53M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+9.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$89

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 5 by compensation

Provider	Service type	Compensation
FAW CASSON1+ years Filed as: FAW CASSON & CO, LLP Service code 10 · EIN 52-0619968	Accounting	$13,500
CREATIVE RETIREMENT SYSTEMS, INC.1+ years Service code 13 · EIN 31-1299207	Contract Administrator	$11,225
MERRILL LYNCH PIERCE FENNER & SMITH1+ years Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 55 1215 4TH AVE 26TH FLOOR · SEATTLE, WA 98161	Other Commissions	$5,064
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: GREAT-WEST LIFE & ANNUITY INS. CO. Service code 64 · EIN 84-0467907	Recordkeeping Fees	$3,726
FRANCIS INVESTMENT COUNCIL1+ years Filed as: FRANCIS PALMIERI DBAPALMIERI&EISENB Service code 29 475 WALL STREET · PRINCETON, NJ 08540	Legal	$2,730

Plan features & details

Pension benefit codes2F2G2J2K2T3D3H

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.
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.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$33K

$20 / participant

Other / not subdivided$33K100.0%

% of EOY assets

0.207%

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: FAW, CASSON & CO., LLP
Auditor EIN: 520619968
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,718

$35,135-32.5%

$85,969-72.4%

$59,188-59.9%

Participation rate

32.8%

50.0%-17.3pp

76.5%-43.8pp

69.4%-36.7pp

Annual return

0.03%

11.01%-11.0pp

9.32%-9.3pp

5.51%-5.5pp

Employer contribution / active EE

$308

$764-59.7%

$3,474-91.1%

$2,098-85.3%

Participant deferral / active EE

$621

$1,349-54.0%

$3,829-83.8%

$3,265-81.0%

Admin fee / account holder

$49

$152-67.7%

$6,053-99.2%

$92-46.8%

Provider

Service type

Compensation

FAW CASSON1+ years

Filed as: FAW CASSON & CO, LLP

Service code 10 · EIN 52-0619968

Accounting

$13,500

CREATIVE RETIREMENT SYSTEMS, INC.1+ years

Service code 13 · EIN 31-1299207

Contract Administrator

$11,225

MERRILL LYNCH PIERCE FENNER & SMITH1+ years

Filed as: MERRILL LYNCH LIFE AGENCY INC

Service code 55

1215 4TH AVE 26TH FLOOR · SEATTLE, WA 98161

Other Commissions

$5,064

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: GREAT-WEST LIFE & ANNUITY INS. CO.

Service code 64 · EIN 84-0467907

Recordkeeping Fees

$3,726

FRANCIS INVESTMENT COUNCIL1+ years

Filed as: FRANCIS PALMIERI DBAPALMIERI&EISENB

Service code 29

475 WALL STREET · PRINCETON, NJ 08540

Legal

$2,730

THE ALLEN HARIM GROUP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE ALLEN HARIM GROUP 401(K) 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