Retirement plan

WASHINGTON STATE CROP IMPROVEMENT ASSOCIATION 401(K) PROFIT SHARING PLAN

Name: WASHINGTON STATE CROP IMPROVEMENT ASSOCIATION - WASHINGTON STATE CROP IMPROVEMENT ASSOCIATION 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: WASHINGTON STATE CROP IMPROVEMENT ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WASHINGTON STATE CROP IMPROVEMENT ASSOCIATION 401(K) PROFIT SHARING PLAN, WASHINGTON STATE CROP IMPROVEMENT ASSOCIATION

WASHINGTON STATE CROP IMPROVEMENT ASSOCIATIONEIN 91-0609119Plan #002PY 2019

2575 NE HOPKINS CT. - PULLMAN, WA 991635622509-334-0461washingtoncrop.comLinkedIn1-10 employeesfarming

Prospect flagsLow returnsHigh assets / participant

How to read this page

Total assets (EOY)

$1.9M

+11.8% from 2018

Total participants

-14.3% from 2018

Average account balance

$312,899

+30.5% from 2018

Annual return

5.78%

-4.15 pp from 2018

Benchmarks

See 5,380 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants<25

Cohort5,380 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.52M

Not enough data

1 years with asset history on file

Average account balance

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

$191K

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.

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.

133.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$59K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+9.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1124

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

0 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 codes2E2F2G2J2T3D

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.
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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$276

$46 / participant

Other / not subdivided$276100.0%

% of EOY assets

0.015%

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

$312,899

$142,405+119.7%

$115,157+171.7%

$152,870+104.7%

Participation rate

100.0%

82.4%+17.6pp

75.9%+24.1pp

82.4%+17.6pp

Annual return

5.78%

41.48%-35.7pp

35.60%-29.8pp

345.34%-339.6pp

Employer contribution / active EE

$6,344

$4,010+58.2%

$3,179+99.6%

$4,763+33.2%

Participant deferral / active EE

$10,614

$5,164+105.5%

$4,168+154.6%

$5,850+81.4%

Admin fee / account holder

$46

$8,462-99.5%

$7,088-99.4%

$11,597-99.6%

WASHINGTON STATE CROP IMPROVEMENT ASSOCIATION 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WASHINGTON STATE CROP IMPROVEMENT ASSOCIATION 401(K) PROFIT SHARING 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