Retirement plan

KERSHAW COMPANY/DOMEX SUPERFRESH GROWERS 401(K) PLAN

Name: KERSHAW FRUIT AND COLD STORAGE, INC. - KERSHAW COMPANY/DOMEX SUPERFRESH GROWERS 401(K) PLAN (2015) Form 5500
Creator: KERSHAW FRUIT AND COLD STORAGE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KERSHAW COMPANY/DOMEX SUPERFRESH GROWERS 401(K) PLAN, KERSHAW FRUIT AND COLD STORAGE, INC.

KERSHAW FRUIT AND COLD STORAGE, INC.EIN 91-0827217Plan #001PY 2015

151 LOW ROAD - YAKIMA, WA 98908509-966-1814LinkedIn201-500 employeespackage/freight delivery

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$6.8M

No prior year

Total participants

336

No prior year

Average account balance

$54,018

No prior year

Annual return

-1.85%

No prior year

Benchmarks

See 1,096 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,096 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.49M

Not enough data

1 years with asset history on file

Average account balance

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

$120K

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.

162

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.

52.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.36M

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

+12.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$532

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
OPPENHEIMER1+ years Filed as: OPPENHEIMER LIFE AGENCY LTD Service code 53 · EIN 13-2886227	Insurance Commissions	$13,840
HUNNEX AND SHOEMAKER, INC.1+ years Filed as: HUNNEX & SHOEMAKER INC Service code 13 · EIN 91-1072394	Contract Administrator	$11,771
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Filed as: MASS MUTUAL LIFE INS CO Service code 52 · EIN 04-1590850	Indirect Investment Fees	$970
AMERICAN FUNDS1+ years Filed as: CAPITAL REESEARCH AND MGMT CO. INC Service code 64 533 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$425
HUNNEX AND SHOEMAKER, INC.1+ years Filed as: HUNNEX & SHOEMAKER INC. Service code 13	Contract Administrator	$75

Plan features & details

Pension benefit codes2F2G2J2K2T3D3H

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.
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.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$1K

$4 / participant

Contract admin$1K100.0%

% of EOY assets

0.018%

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: MOSS ADAMS
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,018

$57,096-5.4%

$94,228-42.7%

$55,191-2.1%

Participation rate

33.8%

75.7%-41.9pp

78.8%-45.0pp

69.2%-35.4pp

Annual return

-1.85%

159.65%-161.5pp

10.68%-12.5pp

10.78%-12.6pp

Employer contribution / active EE

$987

$1,708-42.2%

$3,587-72.5%

$1,899-48.0%

Participant deferral / active EE

$1,759

$3,165-44.4%

$4,320-59.3%

$3,046-42.3%

Admin fee / account holder

$89-89.4%

$6,269-99.8%

$91-89.6%

Provider

Service type

Compensation

OPPENHEIMER1+ years

Filed as: OPPENHEIMER LIFE AGENCY LTD

Service code 53 · EIN 13-2886227

Insurance Commissions

$13,840

HUNNEX AND SHOEMAKER, INC.1+ years

Filed as: HUNNEX & SHOEMAKER INC

Service code 13 · EIN 91-1072394

Contract Administrator

$11,771

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Filed as: MASS MUTUAL LIFE INS CO

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$970

AMERICAN FUNDS1+ years

Filed as: CAPITAL REESEARCH AND MGMT CO. INC

Service code 64

533 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$425

HUNNEX AND SHOEMAKER, INC.1+ years

Filed as: HUNNEX & SHOEMAKER INC.

Service code 13

Contract Administrator

$75

KERSHAW COMPANY/DOMEX SUPERFRESH GROWERS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KERSHAW COMPANY/DOMEX SUPERFRESH GROWERS 401(K) 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