Retirement plan

DESSERT HOLDINGS 401(K) SAVINGS PLAN

Name: LAWLER FOODS, LTD. - DESSERT HOLDINGS 401(K) SAVINGS PLAN (2022) 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 2022

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

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$17.2M

-18.9% from 2021

Total participants

666

+6.2% from 2021

Average account balance

$34,325

-8.7% from 2021

Annual return

-16.93%

-32.10 pp from 2021

Benchmarks

See 736 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort736 peers

Snapshot2022

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 MANAGEMENT6 years Service code 27 · EIN 41-1416330	Advisory (Plan)	$30,000
BDO USA, LLP1 year Filed as: BDO USA, P.C. Service code 10 · EIN 13-5381590	Accounting	$22,886
FIDELITY INVESTMENTS INSTITUTIONAL7 years Service code 60 · EIN 04-2647786	Sub-TA Fees	$19,695
STRATEGIC ADVISORS, INC.4 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$5,508

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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$78K

$155 / participant

Investment mgmt$6K7.1%
Other / not subdivided$73K92.9%

% of EOY assets

0.453%

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, P.C.
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,325

$56,503-39.3%

$69,890-50.9%

$64,824-47.0%

Participation rate

67.5%

70.5%-3.0pp

71.5%-4.0pp

Annual return

-16.93%

-13.44%-3.5pp

190.84%-207.8pp

32.84%-49.8pp

Employer contribution / active EE

$1,118

$2,046-45.4%

$2,560-56.3%

$2,507-55.4%

Participant deferral / active EE

$2,142

$3,389-36.8%

$3,848-44.3%

$4,311-50.3%

Admin fee / account holder

$156

$160-3.0%

$6,267-97.5%

$188-17.2%

Provider

Service type

Compensation

RBC WEALTH MANAGEMENT6 years

Service code 27 · EIN 41-1416330

Advisory (Plan)

$30,000

BDO USA, LLP1 year

Filed as: BDO USA, P.C.

Service code 10 · EIN 13-5381590

Accounting

$22,886

FIDELITY INVESTMENTS INSTITUTIONAL7 years

Service code 60 · EIN 04-2647786

Sub-TA Fees

$19,695

STRATEGIC ADVISORS, INC.4 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$5,508

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