Retirement plan

WHOLESTONE FARMS COOPERATIVE BARGAINED EMPLOYEES 4

Name: WHOLESTONE FARMS COOPERATIVE, INC. - WHOLESTONE FARMS COOPERATIVE BARGAINED EMPLOYEES 4 (2020) Form 5500
Creator: WHOLESTONE FARMS COOPERATIVE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WHOLESTONE FARMS COOPERATIVE BARGAINED EMPLOYEES 4, WHOLESTONE FARMS COOPERATIVE, INC.

WHOLESTONE FARMS COOPERATIVE, INC.EIN 83-1174153Plan #002PY 2020

900 S. PLATTE AVENUE - FREMONT, NE 68025402-721-2300

Other plans on this EIN

1 filing

#001Retirement-$41.6M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$29.9M

-2.1% from 2019

Total participants

972

-4.3% from 2019

Average account balance

$36,087

+10.6% from 2019

Annual return

8.65%

-1912.72 pp from 2019

Benchmarks

See 695 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort695 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$27.91M

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

625

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.

45.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.99M

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

+8.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$175

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

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Service providers

Top 9 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years Service code 49 · EIN 04-1590850	Other Services	$105,323
GALLAGHER FIDUCIARY ADVISORS, LLC2 years Filed as: GALLAGHER BENEFIT SERVICES, INC. Service code 27 · EIN 36-4291971	Advisory (Plan)	$25,600
BLACKROCK3+ years Service code 52 · EIN 51-0318674	Indirect Investment Fees	$0
DIMENSIONAL FUND ADVISORS3+ years Service code 52 · EIN 36-3129984	Indirect Investment Fees	$0
DODGE & COX3+ years Service code 52 · EIN 94-6067274	Indirect Investment Fees	$0
HARBOR3+ years Service code 52 · EIN 34-1953393	Indirect Investment Fees	$0
MERIDIAN3+ years Service code 52 · EIN 68-0024203	Indirect Investment Fees	$0
PGIM INVESTMENTS3+ years Service code 52 · EIN 22-3468527	Indirect Investment Fees	$0
WILMINGTON TRUST3+ years Service code 52 · EIN 81-4484368	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K2R3D2T

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$135K

$148 / participant

Investment mgmt$110K80.9%
Contract admin$22K16.6%
Other / not subdivided$3K2.5%

% of EOY assets

0.452%

all-in expense ratio

Categories reported

2 / 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: BRIGGS & VESELKA CO
Auditor EIN: 741769118
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$36,087

$61,473-41.3%

$81,726-55.8%

$73,412-50.8%

Participation rate

84.4%

72.4%+12.0pp

72.0%+12.3pp

72.2%+12.2pp

Annual return

8.65%

28.26%-19.6pp

29.49%-20.8pp

59.30%-50.6pp

Employer contribution / active EE

$1,785

$1,898-5.9%

$4,311-58.6%

$2,234-20.1%

Participant deferral / active EE

$1,924

$3,080-37.5%

$7,108-72.9%

$3,806-49.4%

Admin fee / account holder

$163

$125+30.1%

$5,160-96.8%

$158+3.4%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years

Service code 49 · EIN 04-1590850

Other Services

$105,323

GALLAGHER FIDUCIARY ADVISORS, LLC2 years

Filed as: GALLAGHER BENEFIT SERVICES, INC.

Service code 27 · EIN 36-4291971

Advisory (Plan)

$25,600

BLACKROCK3+ years

Service code 52 · EIN 51-0318674

Indirect Investment Fees

DIMENSIONAL FUND ADVISORS3+ years

Service code 52 · EIN 36-3129984

Indirect Investment Fees

DODGE & COX3+ years

Service code 52 · EIN 94-6067274

Indirect Investment Fees

HARBOR3+ years

Service code 52 · EIN 34-1953393

Indirect Investment Fees

MERIDIAN3+ years

Service code 52 · EIN 68-0024203

Indirect Investment Fees

PGIM INVESTMENTS3+ years

Service code 52 · EIN 22-3468527

Indirect Investment Fees

WILMINGTON TRUST3+ years

Service code 52 · EIN 81-4484368

Indirect Investment Fees

WHOLESTONE FARMS COOPERATIVE BARGAINED EMPLOYEES 4

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WHOLESTONE FARMS COOPERATIVE BARGAINED EMPLOYEES 4

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