Retirement plan

VINO FARMS, LLC RETIREMENT PLAN

Name: VINO FARMS, LLC - VINO FARMS, LLC RETIREMENT PLAN (2017) Form 5500
Creator: VINO FARMS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VINO FARMS, LLC RETIREMENT PLAN, VINO FARMS, LLC

VINO FARMS, LLCEIN 90-0393874Plan #001PY 2017

1377 E. LODI AVENUE - LODI, CA 95240209-334-6975vinofarms.netLinkedIn11-50 employeeshuman resources

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$8.4M

+16.6% from 2016

Total participants

384

+2.9% from 2016

Average account balance

$33,479

+7.4% from 2016

Annual return

16.93%

+9.83 pp from 2016

Benchmarks

See 235 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants250-999

Cohort235 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.32M

Not enough data

1 years with asset history on file

Average account balance

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

$102K

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.

141

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.

43.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$751K

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

+14.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$514

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 4 by compensation

Provider	Service type	Compensation
SAGEPOINT FINANCIAL INC3+ years Filed as: SAGEPOINT FINANCIAL Service code 16 9171 TOWNE CENTER DR, SUITE 500 · SAN DIEGO, CA 92122	Consulting	$20,453
SAN DIEGO PENSION CONSULTANTS3+ years Filed as: SAN DIEGO PENSION CONSULTANTS, INC. Service code 16 5628 COPLEY DR · SAN DIEGO, CA 92111	Consulting	$5,953
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASSACHUSETTS MUTUAL LIFE INS. CO Service code 52 · EIN 04-1590850	Indirect Investment Fees	$4,986
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK LIFE INSURANCE CO. Service code 15 · EIN 01-0233346	Recordkeeping	$1,329

Plan features & details

Pension benefit codes2F2G2J2K3D

Plan features

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$14K

$45 / participant

Investment mgmt$14K100.0%

% of EOY assets

0.167%

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: AUDIT AND TAX SOLUTIONS, CPAS, INC
Auditor EIN: 943211753
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,479

$54,390-38.4%

$117,039-71.4%

$69,631-51.9%

Participation rate

58.2%

58.5%-0.3pp

77.2%-19.0pp

70.7%-12.5pp

Annual return

16.93%

18.33%-1.4pp

18.95%-2.0pp

27571.02%-27554.1pp

Employer contribution / active EE

$358

$1,357-73.6%

$3,785-90.5%

$2,032-82.4%

Participant deferral / active EE

$1,964

$2,076-5.4%

$3,929-50.0%

$3,224-39.1%

Admin fee / account holder

$56

$98-42.7%

$5,974-99.1%

$110-49.3%

Provider

Service type

Compensation

SAGEPOINT FINANCIAL INC3+ years

Filed as: SAGEPOINT FINANCIAL

Service code 16

9171 TOWNE CENTER DR, SUITE 500 · SAN DIEGO, CA 92122

Consulting

$20,453

SAN DIEGO PENSION CONSULTANTS3+ years

Filed as: SAN DIEGO PENSION CONSULTANTS, INC.

Service code 16

5628 COPLEY DR · SAN DIEGO, CA 92111

Consulting

$5,953

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASSACHUSETTS MUTUAL LIFE INS. CO

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$4,986

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK LIFE INSURANCE CO.

Service code 15 · EIN 01-0233346

Recordkeeping

$1,329

VINO FARMS, LLC RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VINO FARMS, LLC RETIREMENT 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