Retirement plan

J.A. TIMMERMAN CATTLE COMPANY PROFIT SHARING PLAN

Name: J.A. TIMMERMAN CATTLE COMPANY - J.A. TIMMERMAN CATTLE COMPANY PROFIT SHARING PLAN (2024) Form 5500
Creator: J.A. TIMMERMAN CATTLE COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, J.A. TIMMERMAN CATTLE COMPANY PROFIT SHARING PLAN, J.A. TIMMERMAN CATTLE COMPANY

J.A. TIMMERMAN CATTLE COMPANYEIN 46-0776097Plan #001PY 2024

23659 WELD COUNTY ROAD 44 - LASALLE, CO 80645402-253-2218LinkedIn1-10 employeesranching

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$2.2M

+20.6% from 2023

Total participants

-3.9% from 2023

Average account balance

$44,422

+25.5% from 2023

Annual return

10.95%

-6.08 pp from 2023

Benchmarks

See 2,340 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants25-99

Cohort2,340 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.18M

Not enough data

1 years with asset history on file

Average account balance

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

$44K

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.

114.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$314K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+10.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2843

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 codes2E2T3D2G2F

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$139K

$3239 / participant

Other / not subdivided$139K100.0%

% of EOY assets

6.399%

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

$44,422

$68,852-35.5%

$120,524-63.1%

$80,925-45.1%

Participation rate

100.0%

61.6%+38.4pp

71.9%+28.1pp

67.7%+32.3pp

Annual return

10.95%

23.67%-12.7pp

107.36%-96.4pp

35.65%-24.7pp

Employer contribution / active EE

$7,296

$2,063+253.6%

$3,469+110.3%

$2,756+164.7%

Participant deferral / active EE

$3,187-100.0%

$4,994-100.0%

$4,299-100.0%

Admin fee / account holder

$2,843

$5,781-50.8%

$9,440-69.9%

$6,940-59.0%

J.A. TIMMERMAN CATTLE COMPANY PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

J.A. TIMMERMAN CATTLE COMPANY 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