Retirement plan

SAFE FOODS CORPORATION 401(K) PROFIT SHARING PLAN

Name: SAFE FOODS CORPORATION - SAFE FOODS CORPORATION 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: SAFE FOODS CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAFE FOODS CORPORATION 401(K) PROFIT SHARING PLAN, SAFE FOODS CORPORATION

SAFE FOODS CORPORATIONEIN 71-0819906Plan #001PY 2020

1501 EAST EIGHTH - NORTH LITTLE ROCK, AR 72114501-758-8500

Prospect flagsRecently reached 100 employees

How to read this page

Total assets (EOY)

$4.2M

+53.8% from 2019

Total participants

140

+7.7% from 2019

Average account balance

$40,518

+38.9% from 2019

Annual return

31.00%

+7.24 pp from 2019

Benchmarks

See 2,270 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,270 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$667K

Not enough data

1 years with asset history on file

Average account balance

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

$35K

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+9.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1375

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

Top 1 by compensation

Provider	Service type	Compensation
SIMMONS BANK2 years Service code 21 · EIN 71-0162300 501 S. MAIN STREET · PINE BLUFF, AR 71601	Bank Trustee	$16,333

Plan features & details

Pension benefit codes2E2F2H2J3D

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

1 tripped

InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$20K

$154 / participant

Other / not subdivided$20K100.0%

% of EOY assets

0.481%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: FROST, PLLC
Auditor EIN: 710817652
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,518

$81,494-50.3%

$133,978-69.8%

$73,497-44.9%

Participation rate

71.5%

76.4%-4.8pp

79.8%-8.3pp

70.7%+0.9pp

Annual return

31.00%

19.40%+11.6pp

45.10%-14.1pp

28.51%+2.5pp

Employer contribution / active EE

$2,577

$2,210+16.6%

$3,919-34.2%

$2,270+13.5%

Participant deferral / active EE

$3,948

$3,787+4.2%

$5,047-21.8%

$3,740+5.6%

Admin fee / account holder

$195

$713-72.7%

$8,930-97.8%

$513-62.0%

Provider

Service type

Compensation

SIMMONS BANK2 years

Service code 21 · EIN 71-0162300

501 S. MAIN STREET · PINE BLUFF, AR 71601

Bank Trustee

$16,333

SAFE FOODS CORPORATION 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAFE FOODS CORPORATION 401(K) 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