Retirement plan

MEYER ORCHARD MANAGEMENT, INC. 401(K) PLAN

Name: MEYER ORCHARD MANAGEMENT, INC. - MEYER ORCHARD MANAGEMENT, INC. 401(K) PLAN (2022) Form 5500
Creator: MEYER ORCHARD MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MEYER ORCHARD MANAGEMENT, INC. 401(K) PLAN, MEYER ORCHARD MANAGEMENT, INC.

MEYER ORCHARD MANAGEMENT, INC.EIN 91-1562835Plan #002PY 2022

PO BOX 2171 - WENATCHEE, WA 988072171509-670-7811

Other plans on this EIN

1 filing

#001Retirement-$723K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$433K

-10.3% from 2021

Total participants

0.0% from 2021

Average account balance

$216,626

-10.3% from 2021

Annual return

-18.03%

-29.63 pp from 2021

Benchmarks

See 6,309 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants<25

Cohort6,309 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$562K

Not enough data

1 years with asset history on file

Average account balance

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

$562K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$35K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$35K

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

+3.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3216

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 codes2G2J

Plan features

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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$22K

$10894 / participant

Other / not subdivided$22K100.0%

% of EOY assets

5.029%

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

$216,626

$129,960+66.7%

$104,299+107.7%

$134,545+61.0%

Participation rate

100.0%

79.5%+20.5pp

73.3%+26.7pp

81.2%+18.8pp

Annual return

-18.03%

42.06%-60.1pp

24.62%-42.6pp

418.37%-436.4pp

Employer contribution / active EE

$5,075

$4,186+21.2%

$3,373+50.5%

$4,742+7.0%

Participant deferral / active EE

$13,600

$5,589+143.3%

$4,626+194.0%

$6,401+112.5%

Admin fee / account holder

$10,894

$9,324+16.8%

$7,339+48.4%

$11,431-4.7%

MEYER ORCHARD MANAGEMENT, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MEYER ORCHARD MANAGEMENT, INC. 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