Retirement plan

CHINA DOLL RICE AND BEANS, INC. 401(K) RETIREMENT PLAN

Name: CHINA DOLL RICE AND BEANS, INC. - CHINA DOLL RICE AND BEANS, INC. 401(K) RETIREMENT PLAN (2022) Form 5500
Creator: CHINA DOLL RICE AND BEANS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHINA DOLL RICE AND BEANS, INC. 401(K) RETIREMENT PLAN, CHINA DOLL RICE AND BEANS, INC.

CHINA DOLL RICE AND BEANS, INC.EIN 63-0908744Plan #001PY 2022

100 JACINTOPORT BOULEVARD - SARALAND, AL 365710368251-457-7641

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$1.7M

-18.0% from 2021

Total participants

+15.8% from 2021

Average account balance

$115,713

-18.0% from 2021

Annual return

-13.41%

-24.45 pp from 2021

Benchmarks

See 4,136 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort4,136 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.42M

Not enough data

1 years with asset history on file

Average account balance

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

$202K

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.

63.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$94K

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

+11.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3027

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 codes2E2J2F2G3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$170K

$9447 / participant

Other / not subdivided$170K100.0%

% of EOY assets

9.797%

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

$115,713

$88,585+30.6%

$69,884+65.6%

$134,532-14.0%

Participation rate

61.1%

74.9%-13.8pp

70.5%-9.4pp

81.2%-20.1pp

Annual return

-13.41%

442.80%-456.2pp

190.81%-204.2pp

418.27%-431.7pp

Employer contribution / active EE

$1,648

$3,235-49.1%

$2,560-35.6%

$4,741-65.2%

Participant deferral / active EE

$2,379

$4,770-50.1%

$3,848-38.2%

$6,401-62.8%

Admin fee / account holder

$11,337

$10,441+8.6%

$6,266+80.9%

$11,429-0.8%

CHINA DOLL RICE AND BEANS, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHINA DOLL RICE AND BEANS, INC. 401(K) RETIREMENT 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