Retirement plan

B & W QUALITY GROWERS, LLC SAVINGS PLAN

Name: B & W QUALITY GROWERS, LLC - B & W QUALITY GROWERS, LLC SAVINGS PLAN (2017) Form 5500
Creator: B & W QUALITY GROWERS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, B & W QUALITY GROWERS, LLC SAVINGS PLAN, B & W QUALITY GROWERS, LLC

B & W QUALITY GROWERS, LLCEIN 59-1237359Plan #001PY 2017

7798 COUNTY ROAD 512 - FELLSMERE, FL 32948772-571-0800bwqualitygrowers.comLinkedIn201-500 employeesfarming

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$3.7M

+22.8% from 2016

Total participants

150

+18.1% from 2016

Average account balance

$45,293

+42.3% from 2016

Annual return

17.47%

+11.05 pp from 2016

Benchmarks

See 411 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants100-249

Cohort411 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.02M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

21.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$610K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+9.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11587

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

Top 10 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL2 years Service code 37 · EIN 04-2647786	Loan Processing	$1,156
COL EMERGIN MKTS R- COLUMBIA MGT IN1 year Service code 60	Sub-TA Fees	$0
H BECK INC1 year Service code 61 · EIN 52-1321340	Finders' fees / placement fees	$0
THE HARTFORD1 year Filed as: HFTD INTL OPPS R3 HARTFORD ADMIN Service code 60	Sub-TA Fees	$0
ENTERPRISE BANK & TRUST1 year Filed as: JH ENTERPRISE R- JANUS SERVICE LLC Service code 60	Sub-TA Fees	$0
JPMORGAN INVEST HOLDINGS LLC1 year Filed as: JPM SM CAP VALUE R2 - BOSTON FINANC Service code 60	Sub-TA Fees	$0
MFS INVESTMENT MANAGEMENT1 year Filed as: MFS MID CAP VALUE R2 - MFS SERVICE Service code 60	Sub-TA Fees	$0
NATIONAL FINANCIAL SERVICES2 years Filed as: NATIONAL FINANCIAL SERVICES, LLC Service code 55	Other Commissions	$0
PIF MDCP S&P400 R1- PRINCIPAL1 year Service code 60	Sub-TA Fees	$0
FIS BUSINESS SYSTEMS LLC1 year Filed as: VRS SMALL CAP GRTH R - FIS INVESTOR Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2E2G2J2K2T3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$1K

$8 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.031%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CROWE HORWATH, LLP
Auditor EIN: 350921680
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,293

$54,368-16.7%

$117,039-61.3%

$62,293-27.3%

Participation rate

50.4%

64.9%-14.6pp

77.2%-26.8pp

69.5%-19.2pp

Annual return

17.47%

21.77%-4.3pp

18.95%-1.5pp

28.90%-11.4pp

Employer contribution / active EE

$1,308

$1,692-22.7%

$3,785-65.4%

$2,042-36.0%

Participant deferral / active EE

$1,897

$2,269-16.4%

$3,929-51.7%

$3,169-40.1%

Admin fee / account holder

$14

$493-97.1%

$5,974-99.8%

$479-97.1%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL2 years

Service code 37 · EIN 04-2647786

Loan Processing

$1,156

COL EMERGIN MKTS R- COLUMBIA MGT IN1 year

Service code 60

Sub-TA Fees

H BECK INC1 year

Service code 61 · EIN 52-1321340

Finders' fees / placement fees

THE HARTFORD1 year

Filed as: HFTD INTL OPPS R3 HARTFORD ADMIN

Service code 60

Sub-TA Fees

ENTERPRISE BANK & TRUST1 year

Filed as: JH ENTERPRISE R- JANUS SERVICE LLC

Service code 60

Sub-TA Fees

JPMORGAN INVEST HOLDINGS LLC1 year

Filed as: JPM SM CAP VALUE R2 - BOSTON FINANC

Service code 60

Sub-TA Fees

MFS INVESTMENT MANAGEMENT1 year

Filed as: MFS MID CAP VALUE R2 - MFS SERVICE

Service code 60

Sub-TA Fees

NATIONAL FINANCIAL SERVICES2 years

Filed as: NATIONAL FINANCIAL SERVICES, LLC

Service code 55

Other Commissions

PIF MDCP S&P400 R1- PRINCIPAL1 year

Service code 60

Sub-TA Fees

FIS BUSINESS SYSTEMS LLC1 year

Filed as: VRS SMALL CAP GRTH R - FIS INVESTOR

Service code 60

Sub-TA Fees

B & W QUALITY GROWERS, LLC SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

B & W QUALITY GROWERS, LLC SAVINGS 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