Retirement plan

THE LITTLE POTATO COMPANY USA, INC. 401(K) PLAN

Name: THE LITTLE POTATO COMPANY, INC. - THE LITTLE POTATO COMPANY USA, INC. 401(K) PLAN (2024) Form 5500
Creator: THE LITTLE POTATO COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE LITTLE POTATO COMPANY USA, INC. 401(K) PLAN, THE LITTLE POTATO COMPANY, INC.

THE LITTLE POTATO COMPANY, INC.EIN 47-4247349Plan #001PY 2024

801 LITTLE POTATO WAY - DEFOREST, WI 53532608-842-2700

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$7.2M

+29.1% from 2023

Total participants

187

-16.5% from 2023

Average account balance

$41,529

+21.6% from 2023

Annual return

24.35%

+4.70 pp from 2023

Benchmarks

See 940 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort940 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.18M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

173

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.

90.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.15M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+24.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$196

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
RBC WEALTH MANAGEMENT1 year Filed as: RBC CAPITAL MARKETS, LLC Service code 27 · EIN 41-1416330	Advisory (Plan)	$28,924
STANCORP FINANCIAL GROUP1 year Service code 12 · EIN 93-1253576	Direct payment from the plan; Claims ...	$22,801

Plan features & details

Pension benefit codes2E2F2G2J2T3D3F3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$34K

$224 / participant

Investment mgmt$29K85.4%
Contract admin$5K14.6%

% of EOY assets

0.471%

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: BDO USA, P.C.
Auditor EIN: 135381590
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,529

$62,166-33.2%

$81,286-48.9%

$74,429-44.2%

Participation rate

90.7%

64.1%+26.7pp

69.5%+21.2pp

67.2%+23.5pp

Annual return

24.35%

16.50%+7.9pp

24.80%-0.4pp

1368.38%-1344.0pp

Employer contribution / active EE

$2,146

$1,881+14.1%

$2,463-12.8%

$2,625-18.2%

Participant deferral / active EE

$5,460

$3,223+69.4%

$3,883+40.6%

$4,348+25.6%

Admin fee / account holder

$196

$1,925-89.8%

$5,764-96.6%

$1,944-89.9%

Provider

Service type

Compensation

RBC WEALTH MANAGEMENT1 year

Filed as: RBC CAPITAL MARKETS, LLC

Service code 27 · EIN 41-1416330

Advisory (Plan)

$28,924

STANCORP FINANCIAL GROUP1 year

Service code 12 · EIN 93-1253576

Direct payment from the plan; Claims ...

$22,801

THE LITTLE POTATO COMPANY USA, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE LITTLE POTATO COMPANY USA, INC. 401(K) 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