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 (2017) 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 2017

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

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$9.4M

+20.3% from 2016

Total participants

345

+9.2% from 2016

Average account balance

$75,474

+17.4% from 2016

Annual return

18.73%

+12.06 pp from 2016

Benchmarks

See 1,232 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,232 peers

Snapshot2017

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Analytics

Total assets (EOY)

Plan-year ending balance

$22.55M

Not enough data

1 years with asset history on file

Average account balance

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

$128K

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.

176

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.

50.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.60M

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

+16.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$544

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
OPPENHEIMER3+ years Filed as: OPPENHEIMER LIFE AGENCY LTD Service code 53 · EIN 13-2886227	Insurance Commissions	$30,674
HUNNEX AND SHOEMAKER, INC.1 year Filed as: HUNNEX AND SHOEMAKER INC Service code 13 · EIN 91-1072394	Contract Administrator	$13,715
KERSHAW FRUIT AND COLD STORAGE1 year Service code 10 · EIN 91-0827217	Accounting	$5,206

Plan features & details

Pension benefit codes2A2E2J2K2F2G3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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

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

$16K

$50 / participant

Contract admin$3K16.7%
Other / not subdivided$14K83.3%

% of EOY assets

0.174%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

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

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$75,474

$71,666+5.3%

$117,854-36.0%

$69,631+8.4%

Participation rate

33.5%

77.5%-44.0pp

79.7%-46.1pp

70.7%-37.2pp

Annual return

18.73%

18.86%-0.1pp

335.08%-316.3pp

27571.02%-27552.3pp

Employer contribution / active EE

$1,016

$1,889-46.2%

$3,786-73.2%

$2,032-50.0%

Participant deferral / active EE

$1,844

$3,340-44.8%

$4,482-58.9%

$3,224-42.8%

Admin fee / account holder

$131

$120+9.1%

$8,020-98.4%

$110+18.8%

Provider

Service type

Compensation

OPPENHEIMER3+ years

Filed as: OPPENHEIMER LIFE AGENCY LTD

Service code 53 · EIN 13-2886227

Insurance Commissions

$30,674

HUNNEX AND SHOEMAKER, INC.1 year

Filed as: HUNNEX AND SHOEMAKER INC

Service code 13 · EIN 91-1072394

Contract Administrator

$13,715

KERSHAW FRUIT AND COLD STORAGE1 year

Service code 10 · EIN 91-0827217

Accounting

$5,206

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