Retirement plan

DESSERT HOLDINGS 401(K) SAVINGS PLAN

Name: LAWLER FOODS, LTD. - DESSERT HOLDINGS 401(K) SAVINGS PLAN (2020) Form 5500
Creator: LAWLER FOODS, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DESSERT HOLDINGS 401(K) SAVINGS PLAN, LAWLER FOODS, LTD.

LAWLER FOODS, LTD.EIN 76-0418074Plan #001PY 2020

P.O. BOX 2558 - HUMBLE, TX 77347281-446-0059

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$19.8M

-9.6% from 2019

Total participants

617

+40.2% from 2019

Average account balance

$32,181

-36.1% from 2019

Annual return

9.89%

-10.63 pp from 2019

Benchmarks

See 695 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort695 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$37.74M

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

754

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.

50.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.06M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+100.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$85

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
RBC WEALTH MANAGEMENT2 years Filed as: RBC WEALTH MGMT A DIV OF RBC CAP Service code 27 · EIN 41-1416330	Advisory (Plan)	$30,000
BDO USA, LLP1 year Filed as: BDO USA LLP Service code 10 · EIN 13-5381590	Accounting	$21,642
FIDELITY INVESTMENTS INSTITUTIONAL5 years Service code 60 · EIN 04-2647786	Sub-TA Fees	$18,359
STRATEGIC ADVISORS, INC.2 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$6,922

Plan features & details

Pension benefit codes3H2E2F2G2J2T3D

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$77K

$168 / participant

Investment mgmt$7K9.0%
Other / not subdivided$70K91.0%

% of EOY assets

0.389%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BDO USA, LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,181

$61,473-47.7%

$81,726-60.6%

$73,412-56.2%

Participation rate

99.3%

72.4%+27.0pp

72.0%+27.3pp

72.2%+27.2pp

Annual return

9.89%

28.26%-18.4pp

29.49%-19.6pp

59.30%-49.4pp

Employer contribution / active EE

$1,594

$1,898-16.0%

$4,311-63.0%

$2,234-28.6%

Participant deferral / active EE

$1,503

$3,080-51.2%

$7,108-78.9%

$3,806-60.5%

Admin fee / account holder

$125

$125-0.2%

$5,160-97.6%

$158-20.7%

Provider

Service type

Compensation

RBC WEALTH MANAGEMENT2 years

Filed as: RBC WEALTH MGMT A DIV OF RBC CAP

Service code 27 · EIN 41-1416330

Advisory (Plan)

$30,000

BDO USA, LLP1 year

Filed as: BDO USA LLP

Service code 10 · EIN 13-5381590

Accounting

$21,642

FIDELITY INVESTMENTS INSTITUTIONAL5 years

Service code 60 · EIN 04-2647786

Sub-TA Fees

$18,359

STRATEGIC ADVISORS, INC.2 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$6,922

DESSERT HOLDINGS 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DESSERT HOLDINGS 401(K) SAVINGS 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