Retirement plan

CALIFORNIA GIANT, INC. 401(K) PROFIT SHARING PLAN & TRUST

Name: CALIFORNIA GIANT, INC. - CALIFORNIA GIANT, INC. 401(K) PROFIT SHARING PLAN & TRUST (2015) Form 5500
Creator: CALIFORNIA GIANT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CALIFORNIA GIANT, INC. 401(K) PROFIT SHARING PLAN & TRUST, CALIFORNIA GIANT, INC.

CALIFORNIA GIANT, INC.EIN 77-0019191Plan #001PY 2015

P.O. BOX 1359 - WATSONVILLE, CA 95077831-728-1773californiagranite.comLinkedIn1-10 employeesconstruction

Prospect flagsLow returns

Top hat statement on fileNQDC

Filed May 19, 2022

Plan administrator

Plan administrator name— Sign in and upgrade to view

75 Sakata Ln

Watsonville, CA 95076

Email— Sign in and upgrade to view Phone— Sign in and upgrade to view

Plans declared (1)

The California Giant Inc. Deferred Compensation Plan25 emp

Open the filing PDF

How to read this page

Total assets (EOY)

$13.4M

No prior year

Total participants

700

No prior year

Average account balance

$22,133

No prior year

Annual return

-1.91%

No prior year

Benchmarks

See 186 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants250-999

Cohort186 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$26.59M

Not enough data

1 years with asset history on file

Average account balance

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

$111K

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.

240

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.

45.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.13M

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

+11.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$323

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 5 by compensation

Provider	Service type	Compensation
NATIONWIDE1+ years Service code 64 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping Fees	$82,164
QUINTES ADMIN AND INSURANCE SVC1+ years Filed as: QUINTES Service code 13 1188 PADRE DRIVE, SUITE 20 · SALINAS, CA 93901	Contract Administrator	$18,092
FIRST REPUBLIC INVESTMENT MGMT1+ years Filed as: FIRST REPUBLIC INVESTMENT MANAGER Service code 26 111 PINE STREET · SAN FRANCISCO, CA 94111	Advisory (Participants)	$9,615
CK FINANCIAL LLC1+ years Filed as: M FINANCIAL Service code 28 1125 W. COUCH ST., #900 · PORTLAND, OR 97209	Investment Management	$2,576
M HOLDING SECURITIES, INC.1+ years Filed as: M HOLDING SECURITIES Service code 28 1125 W COUCH STREET, STE 900 · PORTLAND, OR 97209	Investment Management	$0

Plan features & details

Pension benefit codes2A2E3H2F2G2J2K3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$28K

$51 / participant

Contract admin$28K100.0%

% of EOY assets

0.208%

all-in expense ratio

Categories reported

1 / 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: HUTCHINGSON & BLOODGOOD LLP
Auditor EIN: 950858589
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$22,133

$41,317-46.4%

$85,969-74.3%

$55,191-59.9%

Participation rate

82.5%

54.5%+28.0pp

76.5%+6.0pp

69.2%+13.4pp

Annual return

-1.91%

3.93%-5.8pp

9.32%-11.2pp

10.78%-12.7pp

Employer contribution / active EE

$1,082

$1,198-9.7%

$3,474-68.9%

$1,899-43.0%

Participant deferral / active EE

$906

$1,914-52.7%

$3,829-76.3%

$3,046-70.3%

Admin fee / account holder

$46

$97-52.6%

$6,053-99.2%

$91-49.4%

Provider

Service type

Compensation

NATIONWIDE1+ years

Service code 64

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping Fees

$82,164

QUINTES ADMIN AND INSURANCE SVC1+ years

Filed as: QUINTES

Service code 13

1188 PADRE DRIVE, SUITE 20 · SALINAS, CA 93901

Contract Administrator

$18,092

FIRST REPUBLIC INVESTMENT MGMT1+ years

Filed as: FIRST REPUBLIC INVESTMENT MANAGER

Service code 26

111 PINE STREET · SAN FRANCISCO, CA 94111

Advisory (Participants)

$9,615

CK FINANCIAL LLC1+ years

Filed as: M FINANCIAL

Service code 28

1125 W. COUCH ST., #900 · PORTLAND, OR 97209

Investment Management

$2,576

M HOLDING SECURITIES, INC.1+ years

Filed as: M HOLDING SECURITIES

Service code 28

1125 W COUCH STREET, STE 900 · PORTLAND, OR 97209

Investment Management

CALIFORNIA GIANT, INC. 401(K) PROFIT SHARING PLAN & TRUST

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CALIFORNIA GIANT, INC. 401(K) PROFIT SHARING PLAN & TRUST

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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