Retirement plan

LAIRD FAMILY ESTATE 401(K) PLAN

Name: LAIRD FAMILY ESTATE - LAIRD FAMILY ESTATE 401(K) PLAN (2023) Form 5500
Creator: LAIRD FAMILY ESTATE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LAIRD FAMILY ESTATE 401(K) PLAN, LAIRD FAMILY ESTATE

LAIRD FAMILY ESTATEEIN 68-0430169Plan #001PY 2023

5055 SOLANO AVENUE - NAPA, CA 94558707-257-0360lairdfamilyestate.comLinkedIn11-50 employeeswine and spirits

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.6M

+27.9% from 2022

Total participants

-9.4% from 2022

Average account balance

$55,031

+33.8% from 2022

Annual return

15.62%

+26.05 pp from 2022

Benchmarks

See 2,613 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort2,613 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.91M

Not enough data

1 years with asset history on file

Average account balance

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

$89K

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.

77.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$432K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+12.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6323

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 codes2E2F2J3D

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).
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

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

$47K

$821 / participant

Other / not subdivided$47K100.0%

% of EOY assets

1.309%

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

$55,031

$58,099-5.3%

$76,872-28.4%

$75,173-26.8%

Participation rate

78.9%

63.9%+15.1pp

69.6%+9.4pp

67.2%+11.7pp

Annual return

15.62%

26.71%-11.1pp

37.90%-22.3pp

160.72%-145.1pp

Employer contribution / active EE

$2,395

$1,996+20.0%

$2,533-5.5%

$2,671-10.3%

Participant deferral / active EE

$3,989

$2,999+33.0%

$3,832+4.1%

$4,126-3.3%

Admin fee / account holder

$720

$4,778-84.9%

$5,476-86.8%

$5,651-87.3%

LAIRD FAMILY ESTATE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LAIRD FAMILY ESTATE 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