Retirement plan

STANDARD PROFIT SHARING PLAN PLUS 401K PLAN

Name: STANDARD NUTRITION COMPANY - STANDARD PROFIT SHARING PLAN PLUS 401K PLAN (2023) 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 2023

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

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$43.4M

+9.6% from 2022

Total participants

658

+15.0% from 2022

Average account balance

$105,927

+0.3% from 2022

Annual return

19.96%

+27.83 pp from 2022

Benchmarks

See 755 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort755 peers

Snapshot2023

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 2 by compensation

Provider	Service type	Compensation
WEALTHPLAN PARTNERS INC5 years Filed as: WEALTHPLAN PARTNERS LLC Service code 27 · EIN 81-4671791	Advisory (Plan)	$57,768
JOHN HANCOCK LIFE INSURANCE COMPANY5 years Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346	Recordkeeping	$32,063

Plan features & details

Pension benefit codes2E2J2K2D2T

Plan features

2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
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.
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.

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

$97K

$175 / participant

Investment mgmt$65K67.0%
Contract admin$32K33.0%

% of EOY assets

0.224%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$105,927

$69,823+51.7%

$77,183+37.2%

$74,440+42.3%

Participation rate

55.3%

70.0%-14.7pp

69.6%-14.3pp

70.7%-15.4pp

Annual return

19.96%

19.99%0pp

37.89%-17.9pp

34.37%-14.4pp

Employer contribution / active EE

$1,820

$2,148-15.3%

$2,534-28.2%

$2,638-31.0%

Participant deferral / active EE

$4,221

$3,558+18.6%

$3,833+10.1%

$4,529-6.8%

Admin fee / account holder

$237

$398-40.3%

$5,475-95.7%

$348-31.8%

Provider

Service type

Compensation

WEALTHPLAN PARTNERS INC5 years

Filed as: WEALTHPLAN PARTNERS LLC

Service code 27 · EIN 81-4671791

Advisory (Plan)

$57,768

JOHN HANCOCK LIFE INSURANCE COMPANY5 years

Filed as: JOHN HANCOCK

Service code 15 · EIN 01-0233346

Recordkeeping

$32,063

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