Retirement plan

THE HORTON FRUIT COMPANY, INC. PROFIT SHARING PLAN

Name: THE HORTON FRUIT COMPANY INC. - THE HORTON FRUIT COMPANY, INC. PROFIT SHARING PLAN (2024) Form 5500
Creator: THE HORTON FRUIT COMPANY INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE HORTON FRUIT COMPANY, INC. PROFIT SHARING PLAN, THE HORTON FRUIT COMPANY INC.

THE HORTON FRUIT COMPANY INC.EIN 61-0559885Plan #001PY 2024

4701 JENNINGS LANE - LOUISVILLE, KY 40218502-710-0360hortonfruit.comLinkedIn1-10 employeesfood production

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$7.6M

+7.9% from 2023

Total participants

257

+22.4% from 2023

Average account balance

$33,776

-9.0% from 2023

Annual return

23.28%

+15.01 pp from 2023

Benchmarks

See 2,349 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,349 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.57M

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

224

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.

85.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$172K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$738

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

+23.28%

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
ADP BROKER-DEALER2 years Service code 59 · EIN 22-3319984	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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.
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

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$965

$4 / participant

Recordkeeping$965100.0%

% of EOY assets

0.013%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WELENKEN CPA'S
Auditor EIN: 610484308
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,776

$88,137-61.7%

$164,975-79.5%

$74,429-54.6%

Participation rate

85.8%

73.1%+12.7pp

78.6%+7.2pp

67.2%+18.6pp

Annual return

23.28%

17.13%+6.2pp

70.12%-46.8pp

1368.38%-1345.1pp

Employer contribution / active EE

$738

$2,597-71.6%

$4,343-83.0%

$2,625-71.9%

Participant deferral / active EE

$4,501-100.0%

$6,033-100.0%

$4,348-100.0%

Admin fee / account holder

$2,231-99.8%

$12,688-100.0%

$1,944-99.8%

Provider

Service type

Compensation

ADP BROKER-DEALER2 years

Service code 59 · EIN 22-3319984

Shareholder Servicing

THE HORTON FRUIT COMPANY, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE HORTON FRUIT COMPANY, INC. 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