Retirement plan

OCALA BREEDERS' SALES CO., INC. 401(K) PROFIT SHARING PLAN

Name: OCALA BREEDERS' SALES CO., INC. - OCALA BREEDERS' SALES CO., INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: OCALA BREEDERS' SALES CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OCALA BREEDERS' SALES CO., INC. 401(K) PROFIT SHARING PLAN, OCALA BREEDERS' SALES CO., INC.

OCALA BREEDERS' SALES CO., INC.EIN 59-1566113Plan #001PY 2020

P.O. BOX 99 - OCALA, FL 34478352-237-2154obssales.comLinkedIn51-200 employees

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$4.4M

+3.6% from 2019

Total participants

139

-0.7% from 2019

Average account balance

$41,109

+2.6% from 2019

Annual return

9.62%

-5.67 pp from 2019

Benchmarks

See 495 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants100-249

Cohort495 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.32M

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

105

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.

83.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$474K

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

+11.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$312

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
LAMCO ADVISORY SERVICES2 years Filed as: LAMCO ADVISORY Service code 26 · EIN 05-0462357 1525 INTERNATIONAL PKWY, STE 2071 · LAKE MARY, FL 32746	Advisory (Participants)	$14,322
NEWPORT GROUP, INC.3 years Service code 13 · EIN 27-2037969	Contract Administrator	$13,892

Plan features & details

Pension benefit codes2E2F2G2J2R2T3D3F3H

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$28K

$250 / participant

Investment mgmt$14K50.8%
Contract admin$14K49.2%

% of EOY assets

0.647%

all-in expense ratio

Categories reported

2 / 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: COLLIERJERNIGANEASTMAN&ZUBLICKPA
Auditor EIN: 593612220
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,109

$59,328-30.7%

$118,946-65.4%

$73,493-44.1%

Participation rate

70.8%

62.3%+8.5pp

75.4%-4.6pp

70.7%+0.1pp

Annual return

9.62%

19.13%-9.5pp

35.89%-26.3pp

28.51%-18.9pp

Employer contribution / active EE

$1,454

$1,803-19.4%

$3,263-55.4%

$2,270-35.9%

Participant deferral / active EE

$2,205

$2,604-15.3%

$4,266-48.3%

$3,740-41.0%

Admin fee / account holder

$266

$600-55.7%

$6,581-96.0%

$513-48.1%

Provider

Service type

Compensation

LAMCO ADVISORY SERVICES2 years

Filed as: LAMCO ADVISORY

Service code 26 · EIN 05-0462357

1525 INTERNATIONAL PKWY, STE 2071 · LAKE MARY, FL 32746

Advisory (Participants)

$14,322

NEWPORT GROUP, INC.3 years

Service code 13 · EIN 27-2037969

Contract Administrator

$13,892

OCALA BREEDERS' SALES CO., INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OCALA BREEDERS' SALES CO., INC. 401(K) PROFIT SHARING 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