Retirement plan

MINATARE FEEDLOT, INC. EMPLOYEES RETIREMENT PLAN AND TRUST

Name: MINATARE FEEDLOT, INC. - MINATARE FEEDLOT, INC. EMPLOYEES RETIREMENT PLAN AND TRUST (2017) Form 5500
Creator: MINATARE FEEDLOT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MINATARE FEEDLOT, INC. EMPLOYEES RETIREMENT PLAN AND TRUST, MINATARE FEEDLOT, INC.

MINATARE FEEDLOT, INC.EIN 47-0653998Plan #001PY 2017

230908 HIGHLAND ROAD - SCOTTSBLUFF, NE 69361308-220-3700

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.9M

+12.4% from 2016

Total participants

-4.1% from 2016

Average account balance

$68,266

+1.9% from 2016

Annual return

13.15%

+6.03 pp from 2016

Benchmarks

See 1,712 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants25-99

Cohort1,712 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.70M

Not enough data

1 years with asset history on file

Average account balance

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

$142K

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.

76.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$96K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+6.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2828

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 codes2E2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$152K

$4097 / participant

Other / not subdivided$152K100.0%

% of EOY assets

5.164%

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

$68,266

$57,828+18.1%

$117,039-41.7%

$70,124-2.7%

Participation rate

89.2%

67.1%+22.1pp

77.2%+12.0pp

69.5%+19.6pp

Annual return

13.15%

17.55%-4.4pp

18.95%-5.8pp

73.14%-60.0pp

Employer contribution / active EE

$1,031

$1,816-43.2%

$3,785-72.8%

$2,342-56.0%

Participant deferral / active EE

$2,495

$2,438+2.4%

$3,929-36.5%

$3,332-25.1%

Admin fee / account holder

$3,525

$3,548-0.7%

$5,974-41.0%

$4,645-24.1%

MINATARE FEEDLOT, INC. EMPLOYEES RETIREMENT PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MINATARE FEEDLOT, INC. EMPLOYEES RETIREMENT PLAN AND TRUST

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