Retirement plan

ORCHID ISLAND JUICE COMPANY 401(K) PROFIT SHARING PLAN AND TRUST

Name: ORCHID ISLAND JUICE COMPANY - ORCHID ISLAND JUICE COMPANY 401(K) PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: ORCHID ISLAND JUICE COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ORCHID ISLAND JUICE COMPANY 401(K) PROFIT SHARING PLAN AND TRUST, ORCHID ISLAND JUICE COMPANY

ORCHID ISLAND JUICE COMPANYEIN 59-3026924Plan #002PY 2024

330 N US HIGHWAY 1 - FORT PIERCE, FL 34950631-495-1483LinkedIn1-10 employees

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$5.8M

+15.3% from 2023

Total participants

246

-4.3% from 2023

Average account balance

$42,206

+14.4% from 2023

Annual return

13.91%

-10.29 pp from 2023

Benchmarks

See 942 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort942 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.78M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

137

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.

51.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.13M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$197

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 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$13,505
ADVUS FINANCIAL PARTNERS LLC1 year Service code 27 1525 INTERNATIONAL PKWY · LAKE MARY, FL 32746	Advisory (Plan)	$7,002
MERRILL LYNCH PIERCE FENNER & SMITH2 years Service code 27 1400 AMERICAN BLVD BLDG #4 · PENNINGTON, NJ 08534	Advisory (Plan)	$5,003
PAYROLL INTEGRATIONS INC2 years Service code 13 270 N EL CAMINO REAL STE F321 · ENCINITAS, CA 92024	Contract Administrator	$1,500

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

$27K

$121 / participant

Recordkeeping$14K50.0%
Investment mgmt$12K44.4%
Contract admin$2K5.6%

% of EOY assets

0.467%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: JACOBY AND HANDLEY, PLLC
Auditor EIN: 872253324
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,206

$62,146-32.1%

$81,438-48.2%

$74,546-43.4%

Participation rate

51.1%

64.1%-12.9pp

69.5%-18.4pp

67.2%-16.1pp

Annual return

13.91%

16.49%-2.6pp

24.74%-10.8pp

1366.03%-1352.1pp

Employer contribution / active EE

$1,752

$1,883-7.0%

$2,460-28.8%

$2,624-33.3%

Participant deferral / active EE

$3,329

$3,229+3.1%

$3,883-14.3%

$4,347-23.4%

Admin fee / account holder

$197

$1,922-89.7%

$5,764-96.6%

$1,944-89.9%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$13,505

ADVUS FINANCIAL PARTNERS LLC1 year

Service code 27

1525 INTERNATIONAL PKWY · LAKE MARY, FL 32746

Advisory (Plan)

$7,002

MERRILL LYNCH PIERCE FENNER & SMITH2 years

Service code 27

1400 AMERICAN BLVD BLDG #4 · PENNINGTON, NJ 08534

Advisory (Plan)

$5,003

PAYROLL INTEGRATIONS INC2 years

Service code 13

270 N EL CAMINO REAL STE F321 · ENCINITAS, CA 92024

Contract Administrator

$1,500

ORCHID ISLAND JUICE COMPANY 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ORCHID ISLAND JUICE COMPANY 401(K) PROFIT SHARING PLAN AND TRUST

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