Retirement plan

NESHOBA COUNTY GIN ASSOCIATION PROFIT SHARING 401-K PLAN

Name: NESHOBA COUNTY GIN ASSOCIATION - NESHOBA COUNTY GIN ASSOCIATION PROFIT SHARING 401-K PLAN (2022) Form 5500
Creator: NESHOBA COUNTY GIN ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NESHOBA COUNTY GIN ASSOCIATION PROFIT SHARING 401-K PLAN, NESHOBA COUNTY GIN ASSOCIATION

NESHOBA COUNTY GIN ASSOCIATIONEIN 64-0325360Plan #002PY 2022

P.O. BOX 326 - PHILADELPHIA, MS 39350601-656-3463LinkedIn11-50 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$683K

-18.6% from 2021

Total participants

+15.4% from 2021

Average account balance

$48,794

-24.4% from 2021

Annual return

-14.34%

-23.14 pp from 2021

Benchmarks

See 6,311 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants<25

Cohort6,311 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$676K

Not enough data

1 years with asset history on file

Average account balance

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

$85K

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.

53.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$20K

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

+6.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7490

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

1 tripped

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

$76K

$6893 / participant

Other / not subdivided$76K100.0%

% of EOY assets

11.100%

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

$48,794

$129,943-62.4%

$104,303-53.2%

$134,493-63.7%

Participation rate

90.9%

79.5%+11.4pp

73.3%+17.6pp

81.2%+9.7pp

Annual return

-14.34%

42.03%-56.4pp

24.61%-39.0pp

418.01%-432.4pp

Employer contribution / active EE

$1,350

$4,185-67.8%

$3,372-60.0%

$4,740-71.5%

Participant deferral / active EE

$1,349

$5,588-75.9%

$4,625-70.8%

$6,400-78.9%

Admin fee / account holder

$5,416

$9,323-41.9%

$7,340-26.2%

$11,425-52.6%

NESHOBA COUNTY GIN ASSOCIATION PROFIT SHARING 401-K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NESHOBA COUNTY GIN ASSOCIATION PROFIT SHARING 401-K 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