Retirement plan

YOSEMITE FOODS, INC. 401(K) PROFIT SHARING PLAN

Name: YOSEMITE FOODS, INC. - YOSEMITE FOODS, INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: YOSEMITE FOODS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, YOSEMITE FOODS, INC. 401(K) PROFIT SHARING PLAN, YOSEMITE FOODS, INC.

YOSEMITE FOODS, INC.EIN 81-3809906Plan #001PY 2020

PO BOX 31480 - STOCKTON, CA 95213209-524-5117yosemitefoods.comLinkedIn201-500 employeesfood production

Prospect flagsLow returnsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$2.3M

+11.4% from 2019

Total participants

126

0.0% from 2019

Average account balance

$31,306

+17.5% from 2019

Annual return

6.30%

-13.83 pp from 2019

Benchmarks

See 936 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort936 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.70M

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

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.

67.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$255K

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

+7.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7983

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

0 years with F_SCH_H allocation on file

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
PENSION ASSURANCE LLP2+ years Filed as: PENSION MANAGEMENT CONSULTANTS,INC. Service code 13	Contract Administrator	$343
PENSION ASSURANCE LLP2+ years Filed as: PENSION MANAGEMENT CONSULTANTS, INC Service code 13 · EIN 77-0443464 1165 SCENIC DR. STE B1 · MODESTO, CA 95350	Contract Administrator	$285
VOYA RETIREMENT INSURANCE & ANNUITY1 year Filed as: VOYA RETIREMENT INSURANCE Service code 27 · EIN 71-0294708 PO BOX 990067 · HARTFORD, CT 06199	Advisory (Plan)	$264
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: GREAT-WEST LIFE & AUNNITY INSURANCE Service code 64 · EIN 84-0467907 8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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.
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

3 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$15K

$131 / participant

Contract admin$9K59.3%
Other / not subdivided$6K40.7%

% of EOY assets

0.641%

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: SCHWARTZ, GIANNINI, LANTSBERGER & A
Auditor EIN: 680290029
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,306

$54,590-42.7%

$81,716-61.7%

$73,493-57.4%

Participation rate

52.7%

68.3%-15.6pp

72.0%-19.3pp

70.7%-18.0pp

Annual return

6.30%

17.74%-11.4pp

29.49%-23.2pp

28.51%-22.2pp

Employer contribution / active EE

$216

$1,636-86.8%

$4,310-95.0%

$2,270-90.5%

Participant deferral / active EE

$1,380

$2,759-50.0%

$7,108-80.6%

$3,740-63.1%

Admin fee / account holder

$201

$592-66.1%

$5,159-96.1%

$513-60.9%

Provider

Service type

Compensation

PENSION ASSURANCE LLP2+ years

Filed as: PENSION MANAGEMENT CONSULTANTS,INC.

Service code 13

Contract Administrator

$343

PENSION ASSURANCE LLP2+ years

Filed as: PENSION MANAGEMENT CONSULTANTS, INC

Service code 13 · EIN 77-0443464

1165 SCENIC DR. STE B1 · MODESTO, CA 95350

Contract Administrator

$285

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Filed as: VOYA RETIREMENT INSURANCE

Service code 27 · EIN 71-0294708

PO BOX 990067 · HARTFORD, CT 06199

Advisory (Plan)

$264

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: GREAT-WEST LIFE & AUNNITY INSURANCE

Service code 64 · EIN 84-0467907

8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

YOSEMITE FOODS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

YOSEMITE FOODS, 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