Retirement plan

SELECT MILK UFRO DIVISION PROFIT SHARING 401K PLAN

Name: SELECT MILK PRODUCERS, INC. - SELECT MILK UFRO DIVISION PROFIT SHARING 401K PLAN (2017) Form 5500
Creator: SELECT MILK PRODUCERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SELECT MILK UFRO DIVISION PROFIT SHARING 401K PLAN, SELECT MILK PRODUCERS, INC.

SELECT MILK PRODUCERS, INC.EIN 85-0425525Plan #001PY 2017

5151 BELT LINE ROAD, SUITE 455 - DALLAS, TX 75254214-568-9033selectmilk.comLinkedIn201-500 employeesdairy

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$660K

+7.0% from 2016

Total participants

-16.7% from 2016

Average account balance

$28,697

+25.6% from 2016

Annual return

15.98%

+9.48 pp from 2016

Benchmarks

See 1,712 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants25-99

Cohort1,712 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$36.32M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

1,135

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.

84.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.32M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$160

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J3D

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.
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

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

$131K

$5046 / participant

Other / not subdivided$131K100.0%

% of EOY assets

19.876%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,697

$57,828-50.4%

$117,039-75.5%

$70,126-59.1%

Participation rate

73.1%

67.1%+6.0pp

77.2%-4.1pp

69.5%+3.5pp

Annual return

15.98%

17.55%-1.6pp

18.95%-3.0pp

73.15%-57.2pp

Employer contribution / active EE

$1,295

$1,816-28.7%

$3,785-65.8%

$2,343-44.7%

Participant deferral / active EE

$1,627

$2,438-33.2%

$3,929-58.6%

$3,332-51.2%

Admin fee / account holder

$5,704

$3,548+60.8%

$5,974-4.5%

$4,645+22.8%

SELECT MILK UFRO DIVISION PROFIT SHARING 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SELECT MILK UFRO DIVISION PROFIT SHARING 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