Retirement plan

ST. MARY SUGAR COOPERATIVE, INC. PROFIT SHARING PLAN

Name: ST. MARY SUGAR COOPERATIVE, INC. - ST. MARY SUGAR COOPERATIVE, INC. PROFIT SHARING PLAN (2017) Form 5500
Creator: ST. MARY SUGAR COOPERATIVE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ST. MARY SUGAR COOPERATIVE, INC. PROFIT SHARING PLAN, ST. MARY SUGAR COOPERATIVE, INC.

ST. MARY SUGAR COOPERATIVE, INC.EIN 72-0381493Plan #001PY 2017

20056 LA HIGHWAY 182 - JEANERETTE, LA 70544337-276-6761LinkedIn1-10 employeesfarming

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$5M

+21.5% from 2016

Total participants

123

+12.8% from 2016

Average account balance

$76,054

+6.8% from 2016

Annual return

17.14%

+10.42 pp from 2016

Benchmarks

See 411 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants100-249

Cohort411 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.22M

Not enough data

1 years with asset history on file

Average account balance

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

$108K

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.

45.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$596K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+16.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$26044

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 codes2E2F2G2J2T3D

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.

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

$262K

$2341 / participant

Other / not subdivided$262K100.0%

% of EOY assets

5.223%

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

$76,054

$54,368+39.9%

$117,039-35.0%

$62,293+22.1%

Participation rate

49.1%

64.9%-15.8pp

77.2%-28.1pp

69.5%-20.4pp

Annual return

17.14%

21.77%-4.6pp

18.95%-1.8pp

28.90%-11.8pp

Employer contribution / active EE

$1,274

$1,692-24.7%

$3,785-66.3%

$2,042-37.6%

Participant deferral / active EE

$2,661

$2,269+17.3%

$3,929-32.3%

$3,169-16.0%

Admin fee / account holder

$3,972

$493+705.0%

$5,974-33.5%

$479+728.7%

ST. MARY SUGAR COOPERATIVE, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ST. MARY SUGAR COOPERATIVE, 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