Retirement plan

BARKLEY AG ENTERPRISES, LLC 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT

Name: BARKLEY AG ENTERPRISES, LLC - BARKLEY AG ENTERPRISES, LLC 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT (2024) Form 5500
Creator: BARKLEY AG ENTERPRISES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BARKLEY AG ENTERPRISES, LLC 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT, BARKLEY AG ENTERPRISES, LLC

BARKLEY AG ENTERPRISES, LLCEIN 86-0889844Plan #001PY 2024

P.O. BOX 5402 - YUMA, AZ 853665402925-368-7607barkleyag.comLinkedIn11-50 employeesfarming

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$10.2M

+21.5% from 2023

Total participants

490

+4.3% from 2023

Average account balance

$54,505

+10.5% from 2023

Annual return

13.84%

-1.55 pp from 2023

Benchmarks

See 832 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort832 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.25M

Not enough data

1 years with asset history on file

Average account balance

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

$55K

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.

188

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.

32.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.24M

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

+13.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$366

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 5 by compensation

Provider	Service type	Compensation
VOYA RETIREMENT INSURANCE & ANNUITY1 year Filed as: VOYA RETIREMENT INS & ANNUITY Service code 26 · EIN 71-0294708	Advisory (Participants)	$66,693
CBIZ RETIREMENT PLAN SERVICES4 years Filed as: CBIZ INVESTMENT ADVISORY SERVICES Service code 99 · EIN 81-3968784	Other Fees	$26,016
CBIZ RETIREMENT PLAN SERVICES9+ years Filed as: CBIZ BENEFITS & INSURANCE SVCS INC Service code 49	Other Services	$8,068
CBIZ RETIREMENT PLAN SERVICES1 year Filed as: CBIZ BENEFITS & INSURANCE SERVICES Service code 49 · EIN 31-1582098	Other Services	$2,175
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MGMT Service code 26 · EIN 36-4317381	Advisory (Participants)	$22

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$69K

$153 / participant

Investment mgmt$1K1.6%
Contract admin$67K97.5%
Other / not subdivided$6721.0%

% of EOY assets

0.672%

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: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,505

$45,109+20.8%

$85,187-36.0%

$77,736-29.9%

Participation rate

32.7%

48.7%-15.9pp

67.5%-34.8pp

70.6%-37.8pp

Annual return

13.84%

79.55%-65.7pp

66.67%-52.8pp

31.26%-17.4pp

Employer contribution / active EE

$938

$1,602-41.4%

$2,732-65.7%

$2,728-65.6%

Participant deferral / active EE

$1,822

$2,814-35.2%

$4,525-59.7%

$4,651-60.8%

Admin fee / account holder

$366

$915-59.9%

$6,162-94.1%

$433-15.4%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Filed as: VOYA RETIREMENT INS & ANNUITY

Service code 26 · EIN 71-0294708

Advisory (Participants)

$66,693

CBIZ RETIREMENT PLAN SERVICES4 years

Filed as: CBIZ INVESTMENT ADVISORY SERVICES

Service code 99 · EIN 81-3968784

Other Fees

$26,016

CBIZ RETIREMENT PLAN SERVICES9+ years

Filed as: CBIZ BENEFITS & INSURANCE SVCS INC

Service code 49

Other Services

$8,068

CBIZ RETIREMENT PLAN SERVICES1 year

Filed as: CBIZ BENEFITS & INSURANCE SERVICES

Service code 49 · EIN 31-1582098

Other Services

$2,175

MORNINGSTAR3 years

Filed as: MORNINGSTAR INVESTMENT MGMT

Service code 26 · EIN 36-4317381

Advisory (Participants)

$22

BARKLEY AG ENTERPRISES, LLC 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BARKLEY AG ENTERPRISES, LLC 401(K) PROFIT SHARING PLAN AND TRUST AGREEMENT

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