Retirement plan

TOBACCO RAG PROCESSORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: TOBACCO RAG PROCESSORS, INC. - TOBACCO RAG PROCESSORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2017) Form 5500
Creator: TOBACCO RAG PROCESSORS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TOBACCO RAG PROCESSORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN, TOBACCO RAG PROCESSORS, INC.

TOBACCO RAG PROCESSORS, INC.EIN 56-2203637Plan #002PY 2017

P.O. BOX 498 - BLACK CREEK, NC 278130498252-265-0081LinkedIn11-50 employeesconsumer goods

Other plans on this EIN

1 filing

#001Retirement-$4.0M assets

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$39M

+21.1% from 2016

Total participants

142

+2.9% from 2016

Average account balance

$274,408

+17.7% from 2016

Annual return

19.61%

-28.61 pp from 2016

Benchmarks

See 2,342 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort2,342 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$87.56M

Not enough data

1 years with asset history on file

Average account balance

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

$276K

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.

317

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.

99.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.32M

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

+78.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$84

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

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 codes2P2I2Q

Plan features

2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HUGHES PITTMAN & GUPTON, LLP
Auditor EIN: 561415202
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$274,408

$56,544+385.3%

$75,501+263.5%

$70,126+291.3%

Participation rate

100.0%

68.1%+31.9pp

72.4%+27.6pp

69.5%+30.5pp

Annual return

19.61%

23.59%-4.0pp

27.35%-7.7pp

73.15%-53.5pp

Employer contribution / active EE

$5,854

$1,817+222.3%

$2,352+148.9%

$2,343+149.9%

Participant deferral / active EE

$2,580-100.0%

$3,142-100.0%

$3,332-100.0%

Admin fee / account holder

$3,827-100.0%

$5,801-100.0%

$4,645-100.0%

TOBACCO RAG PROCESSORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

TOBACCO RAG PROCESSORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion