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 (2016) 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 2016

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

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$7.8M

+15.3% from 2015

Total participants

316

-6.0% from 2015

Average account balance

$64,299

+19.0% from 2015

Annual return

6.67%

+8.52 pp from 2015

Benchmarks

See 1,219 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,219 peers

Snapshot2016

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 6 by compensation

Provider	Service type	Compensation
OPPENHEIMER2+ years Filed as: OPPENHEIMER LIFE AGENCY LTD Service code 53 · EIN 13-2886227	Insurance Commissions	$24,963
MOSS ADAMS LLP1 year Service code 10 · EIN 91-0189318	Accounting	$7,109
HUNNEX AND SHOEMAKER, INC.2+ years Filed as: HUNNEX & SHOEMAKER INC Service code 13 · EIN 91-1072394	Contract Administrator	$6,918
HUNNEX AND SHOEMAKER, INC.2+ years Filed as: HUNNEX & SHOEMAKER INC. Service code 13	Contract Administrator	$2,889
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Filed as: MASS MUTUAL LIFE INS CO Service code 38 · EIN 04-1590850	Participant Communication	$1,880
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASS MUT LIFE INS CO Service code 38	Participant Communication	$876

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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$2K

$6 / participant

Contract admin$2K100.0%

% of EOY assets

0.024%

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

$64,299

$107,378-40.1%

$108,582-40.8%

$57,658+11.5%

Participation rate

36.0%

77.1%-41.1pp

79.6%-43.6pp

70.2%-34.3pp

Annual return

6.67%

12.80%-6.1pp

-51.70%+58.4pp

5.13%+1.5pp

Employer contribution / active EE

$1,065

$1,782-40.2%

$3,758-71.7%

$1,974-46.1%

Participant deferral / active EE

$1,983

$3,221-38.4%

$4,311-54.0%

$3,061-35.2%

Admin fee / account holder

$15

$108-85.8%

$7,645-99.8%

$95-83.7%

Provider

Service type

Compensation

OPPENHEIMER2+ years

Filed as: OPPENHEIMER LIFE AGENCY LTD

Service code 53 · EIN 13-2886227

Insurance Commissions

$24,963

MOSS ADAMS LLP1 year

Service code 10 · EIN 91-0189318

Accounting

$7,109

HUNNEX AND SHOEMAKER, INC.2+ years

Filed as: HUNNEX & SHOEMAKER INC

Service code 13 · EIN 91-1072394

Contract Administrator

$6,918

HUNNEX AND SHOEMAKER, INC.2+ years

Filed as: HUNNEX & SHOEMAKER INC.

Service code 13

Contract Administrator

$2,889

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Filed as: MASS MUTUAL LIFE INS CO

Service code 38 · EIN 04-1590850

Participant Communication

$1,880

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASS MUT LIFE INS CO

Service code 38

Participant Communication

$876

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