Retirement plan

FLORIDA AVOCADO ADMINISTRATIVE COMMITTEE EMPLOYEES' MONEY PURCHASE PENSION PLAN

Name: FLORIDA AVOCADO ADMINISTRATIVE COMMITTEE - FLORIDA AVOCADO ADMINISTRATIVE COMMITTEE EMPLOYEES' MONEY PURCHASE PENSION PLAN (2021) Form 5500
Creator: FLORIDA AVOCADO ADMINISTRATIVE COMMITTEE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FLORIDA AVOCADO ADMINISTRATIVE COMMITTEE EMPLOYEES' MONEY PURCHASE PENSION PLAN, FLORIDA AVOCADO ADMINISTRATIVE COMMITTEE

FLORIDA AVOCADO ADMINISTRATIVE COMMITTEEEIN 59-0721160Plan #001PY 2021

P O BOX 900188 - HOMESTEAD, FL 33030305-247-0848LinkedIn1-10 employeeshigher education

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$233K

+42.2% from 2020

Total participants

0.0% from 2020

Average account balance

$77,806

+42.2% from 2020

Annual return

34.37%

+41.49 pp from 2020

Benchmarks

See 37,642 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort37,642 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$51K

Not enough data

1 years with asset history on file

Average account balance

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

$17K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+5.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2C2G2T3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$500

$250 / participant

Other / not subdivided$500100.0%

% of EOY assets

0.214%

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

$77,806

$109,863-29.2%

$98,477-21.0%

$167,518-53.6%

Participation rate

100.0%

75.8%+24.2pp

73.3%+26.7pp

82.1%+17.9pp

Annual return

34.37%

1958.09%-1923.7pp

1493.59%-1459.2pp

478.71%-444.3pp

Employer contribution / active EE

$6,407

$3,225+98.6%

$2,961+116.4%

$4,838+32.4%

Participant deferral / active EE

$4,673-100.0%

$4,276-100.0%

$6,342-100.0%

Admin fee / account holder

$167

$6,755-97.5%

$5,951-97.2%

$12,312-98.6%

FLORIDA AVOCADO ADMINISTRATIVE COMMITTEE EMPLOYEES' MONEY PURCHASE PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FLORIDA AVOCADO ADMINISTRATIVE COMMITTEE EMPLOYEES' MONEY PURCHASE PENSION 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