Retirement plan

STANDARD PROFIT SHARING PLAN PLUS 401K PLAN

Name: STANDARD NUTRITION COMPANY - STANDARD PROFIT SHARING PLAN PLUS 401K PLAN (2019) 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 2019

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

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$30.5M

+19.9% from 2018

Total participants

203

+38.1% from 2018

Average account balance

$178,139

-3.2% from 2018

Annual return

16.82%

+21.54 pp from 2018

Benchmarks

See 966 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort966 peers

Snapshot2019

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
WEALTHPLAN PARTNERS INC1 year Filed as: WEALTHPLAN PARTNERS LLC Service code 27 · EIN 81-4671791	Advisory (Plan)	$43,079
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346	Recordkeeping	$17,903

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.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$82K

$448 / participant

Investment mgmt$64K78.2%
Contract admin$18K21.8%

% of EOY assets

0.269%

all-in expense ratio

Categories reported

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$178,139

$50,666+251.6%

$76,657+132.4%

$65,185+173.3%

Participation rate

82.5%

68.8%+13.7pp

72.1%+10.4pp

70.2%+12.3pp

Annual return

16.82%

28.51%-11.7pp

1166.74%-1149.9pp

29.38%-12.6pp

Employer contribution / active EE

$6,285

$1,575+299.1%

$2,303+172.9%

$2,177+188.7%

Participant deferral / active EE

$5,527

$2,647+108.8%

$3,335+65.7%

$3,514+57.3%

Admin fee / account holder

$479

$463+3.5%

$6,423-92.5%

$847-43.4%

Provider

Service type

Compensation

WEALTHPLAN PARTNERS INC1 year

Filed as: WEALTHPLAN PARTNERS LLC

Service code 27 · EIN 81-4671791

Advisory (Plan)

$43,079

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK

Service code 15 · EIN 01-0233346

Recordkeeping

$17,903

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