Retirement plan

SIERRA GOLD NURSERIES 401K PLAN

Name: SIERRA GOLD NURSERIES INC - SIERRA GOLD NURSERIES 401K PLAN (2023) Form 5500
Creator: SIERRA GOLD NURSERIES INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SIERRA GOLD NURSERIES 401K PLAN, SIERRA GOLD NURSERIES INC

SIERRA GOLD NURSERIES INCEIN 80-0181597Plan #001PY 2023

5320 GARDEN HIGHWAY - YUBA CITY, CA 959910000530-674-1145sierragoldtrees.comLinkedIn201-500 employeesfarming

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$8.9M

+8.2% from 2022

Total participants

297

-2.6% from 2022

Average account balance

$73,271

+19.7% from 2022

Annual return

15.98%

+30.96 pp from 2022

Benchmarks

See 284 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants250-999

Cohort284 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.89M

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.

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.

34.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$513K

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

+8.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$241

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 2 by compensation

Provider	Service type	Compensation
CAMBRIDGE INVESTMENT RESEARCH8 years Filed as: CAMBRIDGE INVESTMENT RESEARCH INC Service code 27 1776 PLEASANT PLAIN ROAD · FAIRFIELD, IA 52556	Advisory (Plan)	$15,971
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INSURANCE CO Service code 28 · EIN 84-0467907 8515 WAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$5,867

Plan features & details

Pension benefit codes2E2G2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

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

$24K

$94 / participant

Recordkeeping$2K8.5%
Investment mgmt$22K91.5%

% of EOY assets

0.269%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: LEE CPA AUDIT GROUP
Auditor EIN: 814637885
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$73,271

$57,739+26.9%

$112,228-34.7%

$74,473-1.6%

Participation rate

31.9%

55.6%-23.7pp

72.4%-40.5pp

70.7%-38.8pp

Annual return

15.98%

19.52%-3.5pp

30.23%-14.3pp

34.36%-18.4pp

Employer contribution / active EE

$790

$1,675-52.8%

$3,432-77.0%

$2,638-70.1%

Participant deferral / active EE

$1,470

$2,891-49.2%

$4,800-69.4%

$4,530-67.6%

Admin fee / account holder

$197

$462-57.3%

$7,752-97.5%

$347-43.2%

Provider

Service type

Compensation

CAMBRIDGE INVESTMENT RESEARCH8 years

Filed as: CAMBRIDGE INVESTMENT RESEARCH INC

Service code 27

1776 PLEASANT PLAIN ROAD · FAIRFIELD, IA 52556

Advisory (Plan)

$15,971

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INSURANCE CO

Service code 28 · EIN 84-0467907

8515 WAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$5,867

SIERRA GOLD NURSERIES 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SIERRA GOLD NURSERIES 401K 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