Retirement plan

PERI & SONS FARMS, INC. 401(K) PS PLAN 002

Name: PERI & SONS FARMS, INC. - PERI & SONS FARMS, INC. 401(K) PS PLAN 002 (2019) Form 5500
Creator: PERI & SONS FARMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PERI & SONS FARMS, INC. 401(K) PS PLAN 002, PERI & SONS FARMS, INC.

PERI & SONS FARMS, INC.EIN 88-0175412Plan #002PY 2019

102 MCLEOD STREET - YERINGTON, NV 89447775-463-4444periandsons.comLinkedIn1001-5000 employeesfarming

Other plans on this EIN

2 filings

#001Retirement--#003Retirement--

Prospect flagsRecently reached 100 employees

Top hat statement on fileNQDC

Filed August 24, 1993

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$13.2M

+210.7% from 2018

Total participants

249

+203.7% from 2018

Average account balance

$54,306

+3.6% from 2018

Annual return

181.45%

+189.77 pp from 2018

Benchmarks

See 470 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants100-249

Cohort470 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.12M

Not enough data

1 years with asset history on file

Average account balance

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

$88K

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.

275

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.

49.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.59M

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

+12.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$572

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 3 by compensation

Provider	Service type	Compensation
NATIONWIDE1 year Service code 15 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$167,649
POLYCOMP ADMINISTRATIVE SERVICES1 year Filed as: POLYCOMP ADMINISTRATIVE SERVICES, Service code 14 · EIN 95-2889854 3000 LAVA RIDGE COURT, SUITE 130 · ROSEVILLE, CA 95661	Plan Administrator	$2,485
STIFEL NICOLAUS & CO INC1 year Filed as: STIFEL NICOLAUS & CO. INC. Service code 26 501 N BROADWAY · ST LOUIS, MO 63102	Advisory (Participants)	$0

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

1 tripped

InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

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: FARBER HASS HURLEY LLP
Auditor EIN: 204207759
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,306

$54,045+0.5%

$115,167-52.8%

$65,186-16.7%

Participation rate

96.9%

63.5%+33.3pp

75.9%+21.0pp

70.2%+26.7pp

Annual return

181.45%

26.55%+154.9pp

35.60%+145.8pp

29.39%+152.1pp

Employer contribution / active EE

$4,971

$1,653+200.7%

$3,179+56.4%

$2,177+128.4%

Participant deferral / active EE

$4,193

$2,504+67.4%

$4,169+0.6%

$3,514+19.3%

Admin fee / account holder

$626-100.0%

$7,089-100.0%

$847-100.0%

Provider

Service type

Compensation

NATIONWIDE1 year

Service code 15 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$167,649

POLYCOMP ADMINISTRATIVE SERVICES1 year

Filed as: POLYCOMP ADMINISTRATIVE SERVICES,

Service code 14 · EIN 95-2889854

3000 LAVA RIDGE COURT, SUITE 130 · ROSEVILLE, CA 95661

Plan Administrator

$2,485

STIFEL NICOLAUS & CO INC1 year

Filed as: STIFEL NICOLAUS & CO. INC.

Service code 26

501 N BROADWAY · ST LOUIS, MO 63102

Advisory (Participants)

PERI & SONS FARMS, INC. 401(K) PS PLAN 002

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PERI & SONS FARMS, INC. 401(K) PS PLAN 002

Top hat statement on fileNQDC

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