Retirement plan

OWEN K. KANESHIRO FARMS, LLC 401(K) PROFIT SHARING PLAN

Name: OWEN K. KANESHIRO FARMS, LLC - OWEN K. KANESHIRO FARMS, LLC 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: OWEN K. KANESHIRO FARMS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OWEN K. KANESHIRO FARMS, LLC 401(K) PROFIT SHARING PLAN, OWEN K. KANESHIRO FARMS, LLC

OWEN K. KANESHIRO FARMS, LLCEIN 47-0953983Plan #001PY 2023

95-935 PAIKAUHALE STREET - MILILANI, HI 96789808-625-1275

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.4M

+28.0% from 2022

Total participants

-22.7% from 2022

Average account balance

$197,382

+65.6% from 2022

Annual return

25.61%

+50.45 pp from 2022

Benchmarks

See 6,332 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants<25

Cohort6,332 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.16M

Not enough data

1 years with asset history on file

Average account balance

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

$297K

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.

107.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$111K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+20.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$568

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 codes2E2J3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

$48K

$3715 / participant

Other / not subdivided$48K100.0%

% of EOY assets

1.439%

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

$197,382

$141,004+40.0%

$112,273+75.8%

$139,456+41.5%

Participation rate

100.0%

79.2%+20.8pp

72.4%+27.6pp

80.3%+19.7pp

Annual return

25.61%

32.75%-7.1pp

30.23%-4.6pp

373.45%-347.8pp

Employer contribution / active EE

$3,846

$4,285-10.2%

$3,431+12.1%

$4,753-19.1%

Participant deferral / active EE

$4,615

$5,878-21.5%

$4,800-3.8%

$6,711-31.2%

Admin fee / account holder

$2,841

$9,959-71.5%

$7,752-63.4%

$11,407-75.1%

OWEN K. KANESHIRO FARMS, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OWEN K. KANESHIRO FARMS, LLC 401(K) 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