Retirement plan

BUENO BEVERAGE COMPANY 401(K) PROFIT SHARING PLAN

Name: SEQUOIA BEVERAGE COMPANY, A LIMITED PARTNERSHIP DBA BUENO BEVERAGE CO - BUENO BEVERAGE COMPANY 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: SEQUOIA BEVERAGE COMPANY, A LIMITED PARTNERSHIP DBA BUENO BEVERAGE CO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BUENO BEVERAGE COMPANY 401(K) PROFIT SHARING PLAN, SEQUOIA BEVERAGE COMPANY, A LIMITED PARTNERSHIP DBA BUENO BEVERAGE CO

SEQUOIA BEVERAGE COMPANY, A LIMITED PARTNERSHIP DBA BUENO BEVERAGE COEIN 77-0136563Plan #001PY 2024

2122 N. PLAZA DRIVE - VISALIA, CA 93291559-651-2444LinkedIn51-200 employeescomputer software

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$9.6M

+7.1% from 2023

Total participants

117

-4.1% from 2023

Average account balance

$82,419

+11.6% from 2023

Annual return

11.11%

-3.72 pp from 2023

Benchmarks

See 8,993 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort8,993 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.64M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

117

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$401K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$369

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 3 by compensation

Provider	Service type	Compensation
PRO PRINT1 year Filed as: PRO ACCOUNT Service code 26 · EIN 73-0988442 10 W. NATIONWIDE BLVD. · COLUMBUS, OH 43215	Advisory (Participants)	$30,884
NATIONWIDE9 years Service code 15 · EIN 73-0988442 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$17,169
MORGAN STANLEY SMITH BARNEY10+ years Filed as: MORGAN STANLEY Service code 55 · EIN 26-3415651 1 NEW YORK PLAZA · NEW YORK, NY 10004	Other Commissions	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2T3D

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.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$43K

$583 / participant

Investment mgmt$43K100.0%

% of EOY assets

0.448%

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: ANDERS MINKLER HUBER & HELM LLP
Auditor EIN: 430831507
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$82,419

$101,795-19.0%

$165,100-50.1%

$80,959+1.8%

Participation rate

100.0%

71.8%+28.2pp

78.6%+21.4pp

67.7%+32.3pp

Annual return

11.11%

16.73%-5.6pp

70.21%-59.1pp

35.67%-24.6pp

Employer contribution / active EE

$4,025

$2,954+36.3%

$4,348-7.4%

$2,757+46.0%

Participant deferral / active EE

$1,393

$4,476-68.9%

$6,035-76.9%

$4,300-67.6%

Admin fee / account holder

$369

$8,221-95.5%

$12,696-97.1%

$6,925-94.7%

Provider

Service type

Compensation

PRO PRINT1 year

Filed as: PRO ACCOUNT

Service code 26 · EIN 73-0988442

10 W. NATIONWIDE BLVD. · COLUMBUS, OH 43215

Advisory (Participants)

$30,884

NATIONWIDE9 years

Service code 15 · EIN 73-0988442

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$17,169

MORGAN STANLEY SMITH BARNEY10+ years

Filed as: MORGAN STANLEY

Service code 55 · EIN 26-3415651

1 NEW YORK PLAZA · NEW YORK, NY 10004

Other Commissions

BUENO BEVERAGE COMPANY 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BUENO BEVERAGE COMPANY 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