Retirement plan

BEE SWEET CITRUS, INC. 401(K) PROFIT SHARING PLAN

Name: BEE SWEET CITRUS, INC. - BEE SWEET CITRUS, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: BEE SWEET CITRUS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BEE SWEET CITRUS, INC. 401(K) PROFIT SHARING PLAN, BEE SWEET CITRUS, INC.

BEE SWEET CITRUS, INC.EIN 77-0193074Plan #001PY 2016

416 EAST SOUTH AVENUE - FOWLER, CA 93625559-834-5345beesweetcitrus.comLinkedIn501-1000 employeesfood production

Prospect flagsLow participationLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$3M

No prior year

Total participants

705

No prior year

Average account balance

$19,640

No prior year

Annual return

7.59%

No prior year

Benchmarks

See 682 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort682 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.42M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

189

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.

36.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$744K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+23.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$433

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 1 by compensation

Provider	Service type	Compensation
RBC WEALTH MANAGEMENT1+ years Service code 33 · EIN 41-1416330	Securities brokerage; Securities brok...	$26,884

Plan features & details

Pension benefit codes2E2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$27K

$41 / participant

Investment mgmt$26K95.6%
Other / not subdivided$1K4.4%

% of EOY assets

0.893%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Qualified opinion

Opinion is qualified - a specific issue limited the scope or accuracy of the audit.

Auditor firm: THE GARABEDIAN GROUP, INC.
Auditor EIN: 270168995
Audit fees: (not subdivided)
Opinion code: Qualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,640

$50,106-60.8%

$69,779-71.9%

$57,658-65.9%

Participation rate

16.0%

70.9%-54.9pp

71.8%-55.8pp

70.2%-54.2pp

Annual return

7.59%

14.58%-7.0pp

12.99%-5.4pp

5.13%+2.5pp

Employer contribution / active EE

$135

$1,739-92.2%

$2,338-94.2%

$1,974-93.2%

Participant deferral / active EE

$294

$2,486-88.2%

$2,931-90.0%

$3,061-90.4%

Admin fee / account holder

$175

$89+96.6%

$4,381-96.0%

$95+85.5%

Provider

Service type

Compensation

RBC WEALTH MANAGEMENT1+ years

Service code 33 · EIN 41-1416330

Securities brokerage; Securities brok...

$26,884

BEE SWEET CITRUS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BEE SWEET CITRUS, INC. 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