Retirement plan

STANDARD PROFIT SHARING PLAN PLUS 401K PLAN

Name: STANDARD NUTRITION COMPANY - STANDARD PROFIT SHARING PLAN PLUS 401K PLAN (2018) Form 5500
Creator: STANDARD NUTRITION COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STANDARD PROFIT SHARING PLAN PLUS 401K PLAN, STANDARD NUTRITION COMPANY

STANDARD NUTRITION COMPANYEIN 47-0304895Plan #001PY 2018

11823 ARBOR STREET, SUITE 100 - OMAHA, NE 681443003402-393-3198

Prospect flagsHigh feesHigh cash

How to read this page

Total assets (EOY)

$25.4M

-12.4% from 2017

Total participants

147

+8.1% from 2017

Average account balance

$184,118

-16.9% from 2017

Annual return

-4.73%

-18.58 pp from 2017

Benchmarks

See 953 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort953 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$40.29M

Not enough data

1 years with asset history on file

Average account balance

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

$114K

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.

352

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.

46.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.78M

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

+2.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$290

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 4 by compensation

Provider	Service type	Compensation
WESTCHESTER CAPITAL MANAGEMENT INC2 years Filed as: WESTCHESTER CAPITAL MANAGEMENT Service code 28 · EIN 47-0700325 801 N 96TH ST · OMAHA, NE 68114	Investment Management	$71,448
NELSON MULLINS RILEY & SCARBOROUGH1 year Filed as: NELSON, VANDENBURG & CAMPBELL Service code 28 · EIN 26-4010495 14301 FIRST NATIONAL BANK PKWAY · OMAHA, NE 681547200	Investment Management	$50,671
LUTZ & COMPANY, PC2 years Filed as: LUTZ FINANCIAL SERVICES LLC Service code 28 · EIN 47-0828178 13616 CALIFORNIA ST., STE 300 · OMAHA, NE 681545336	Investment Management	$35,989
ASCENSUS LLC2 years Filed as: PENSION ADMINISTRATORS LLC Service code 50 · EIN 20-4043839 18033 OAK STREET · OMAHA, NE 68130	Direct Payment	$17,615

Plan features & details

Pension benefit codes2E2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.)
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$176K

$1352 / participant

Investment mgmt$158K90.0%
Contract admin$18K10.0%

% of EOY assets

0.692%

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: THE MCMILLEN COMPANY, P.C.
Auditor EIN: 470750984
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$184,118

$43,504+323.2%

$68,612+168.3%

$56,287+227.1%

Participation rate

93.1%

67.8%+25.2pp

72.2%+20.8pp

69.9%+23.2pp

Annual return

-4.73%

-3.15%-1.6pp

-4.63%-0.1pp

-9.96%+5.2pp

Employer contribution / active EE

$9,064

$1,525+494.3%

$2,625+245.3%

$2,111+329.4%

Participant deferral / active EE

$6,522

$2,509+160.0%

$3,311+97.0%

$3,350+94.7%

Admin fee / account holder

$1,273

$515+147.3%

$5,131-75.2%

$521+144.4%

Provider

Service type

Compensation

WESTCHESTER CAPITAL MANAGEMENT INC2 years

Filed as: WESTCHESTER CAPITAL MANAGEMENT

Service code 28 · EIN 47-0700325

801 N 96TH ST · OMAHA, NE 68114

Investment Management

$71,448

NELSON MULLINS RILEY & SCARBOROUGH1 year

Filed as: NELSON, VANDENBURG & CAMPBELL

Service code 28 · EIN 26-4010495

14301 FIRST NATIONAL BANK PKWAY · OMAHA, NE 681547200

Investment Management

$50,671

LUTZ & COMPANY, PC2 years

Filed as: LUTZ FINANCIAL SERVICES LLC

Service code 28 · EIN 47-0828178

13616 CALIFORNIA ST., STE 300 · OMAHA, NE 681545336

Investment Management

$35,989

ASCENSUS LLC2 years

Filed as: PENSION ADMINISTRATORS LLC

Service code 50 · EIN 20-4043839

18033 OAK STREET · OMAHA, NE 68130

Direct Payment

$17,615

STANDARD PROFIT SHARING PLAN PLUS 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STANDARD PROFIT SHARING PLAN PLUS 401K 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