Retirement plan

HARRIS HOLLOW FOODS L.C. 401(K) PROFIT SHARING PLN

Name: HARRIS HOLLOW FOODS, L.C. - HARRIS HOLLOW FOODS L.C. 401(K) PROFIT SHARING PLN (2022) Form 5500
Creator: HARRIS HOLLOW FOODS, L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HARRIS HOLLOW FOODS L.C. 401(K) PROFIT SHARING PLN, HARRIS HOLLOW FOODS, L.C.

HARRIS HOLLOW FOODS, L.C.EIN 54-2016522Plan #002PY 2022

PO BOX 489 - WASHINGTON, VA 22747540-675-3321harrishollow.comLinkedIn1-10 employeesfood & beverages

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$6.2M

-9.5% from 2021

Total participants

0.0% from 2021

Average account balance

$692,214

-9.5% from 2021

Annual return

-10.69%

-21.24 pp from 2021

Benchmarks

See 23,461 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort23,461 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.18M

Not enough data

1 years with asset history on file

Average account balance

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

$908K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$249K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$50K

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

+11.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$41261

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 codes2E2G2J3B3D

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$213K

$30372 / participant

Other / not subdivided$213K100.0%

% of EOY assets

3.413%

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

$692,214

$142,409+386.1%

$119,634+478.6%

$134,545+414.5%

Participation rate

100.0%

82.8%+17.2pp

79.3%+20.7pp

81.2%+18.8pp

Annual return

-10.69%

-12.46%+1.8pp

-14.98%+4.3pp

418.37%-429.1pp

Employer contribution / active EE

$22,081

$5,224+322.7%

$4,232+421.7%

$4,742+365.7%

Participant deferral / active EE

$13,571

$6,468+109.8%

$5,601+142.3%

$6,401+112.0%

Admin fee / account holder

$23,622

$13,594+73.8%

$10,329+128.7%

$11,431+106.7%

HARRIS HOLLOW FOODS L.C. 401(K) PROFIT SHARING PLN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HARRIS HOLLOW FOODS L.C. 401(K) PROFIT SHARING PLN

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