Retirement plan

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF COOK INLET AQUACULTURE ASSOCIATION

Name: COOK INLET AQUACULTURE ASSOCIA - 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF COOK INLET AQUACULTURE ASSOCIATION (2023) Form 5500
Creator: COOK INLET AQUACULTURE ASSOCIA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF COOK INLET AQUACULTURE ASSOCIATION, COOK INLET AQUACULTURE ASSOCIA

COOK INLET AQUACULTURE ASSOCIAEIN 92-0063954Plan #002PY 2023

40610 KALIFORNSKY BEACH RD - KENAI, AK 996116445907-283-5761LinkedIn51-200 employeesnon-profit organization management

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$334K

+25.6% from 2022

Total participants

0.0% from 2022

Average account balance

$37,074

+25.6% from 2022

Annual return

19.76%

+41.80 pp from 2022

Benchmarks

See 6,332 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants<25

Cohort6,332 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$551K

Not enough data

1 years with asset history on file

Average account balance

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

$69K

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.

266.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$12K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+66.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1891

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 codes2G3D2J2T

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.
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

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$42

$11 / participant

Other / not subdivided$42100.0%

% of EOY assets

0.013%

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

$37,074

$141,001-73.7%

$112,228-67.0%

$139,487-73.4%

Participation rate

75.0%

79.2%-4.2pp

72.4%+2.6pp

80.3%-5.3pp

Annual return

19.76%

32.75%-13.0pp

30.23%-10.5pp

373.84%-354.1pp

Employer contribution / active EE

$4,285-100.0%

$3,432-100.0%

$4,755-100.0%

Participant deferral / active EE

$3,901

$5,877-33.6%

$4,800-18.7%

$6,713-41.9%

Admin fee / account holder

$9,959-100.0%

$7,752-99.9%

$11,407-100.0%

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF COOK INLET AQUACULTURE ASSOCIATION

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF COOK INLET AQUACULTURE ASSOCIATION

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