Retirement plan

COPPER RIVER SEAFOODS 401(K) PLAN

Name: COPPER RIVER SEAFOODS - COPPER RIVER SEAFOODS 401(K) PLAN (2019) Form 5500
Creator: COPPER RIVER SEAFOODS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COPPER RIVER SEAFOODS 401(K) PLAN, COPPER RIVER SEAFOODS

COPPER RIVER SEAFOODSEIN 92-0157589Plan #001PY 2019

1118 E 5TH AVENUE - ANCHORAGE, AK 99501907-522-7806copperriverseafoods.comLinkedIn201-500 employeeswholesale

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$3.7M

+31.1% from 2018

Total participants

134

+8.1% from 2018

Average account balance

$42,946

+37.1% from 2018

Annual return

19.76%

+26.67 pp from 2018

Benchmarks

See 966 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort966 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.81M

Not enough data

1 years with asset history on file

Average account balance

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

$55K

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.

53.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$237K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+10.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6034

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

Top 4 by compensation

Provider	Service type	Compensation
FEJES & ASSOCIATES2 years Service code 16 12890 OLD SEWARD HIGHWAY · ANCHORAGE, AK 99515	Consulting	$10,496
PROFESSIONAL BENEFIT SERVICES5+ years Service code 49 · EIN 93-0998477 1193 ROYVONNE ST, SE SUITE 22 · SALEM, OR 97302	Other Services	$3,065
JOHN HANCOCK LIFE INSURANCE COMPANY2 years Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 690 CANTON ST · WESTWOOD, MA 02090	Recordkeeping	$1,252
WILSHIRE ASSOCIATES INCORPORATED2 years Filed as: WILSHIRE ASSOCIATES INC Service code 26 · EIN 95-2755361 1299 OCEAN AVE · SANTA MONICA, CA 90401	Advisory (Participants)	$618

Plan features & details

Pension benefit codes2E2F2G2K3D2J

Plan features

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$223

$2 / participant

Other / not subdivided$223100.0%

% of EOY assets

0.006%

all-in expense ratio

Categories reported

0 / 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: ALTMAN ROGERS & CO.
Auditor EIN: 920143182
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,946

$50,666-15.2%

$76,667-44.0%

$65,186-34.1%

Participation rate

56.5%

68.8%-12.3pp

72.1%-15.6pp

70.2%-13.7pp

Annual return

19.76%

28.51%-8.8pp

1166.74%-1147.0pp

29.39%-9.6pp

Employer contribution / active EE

$1,739

$1,575+10.4%

$2,303-24.5%

$2,177-20.1%

Participant deferral / active EE

$3,895

$2,647+47.2%

$3,336+16.8%

$3,514+10.8%

Admin fee / account holder

$463-99.4%

$6,423-100.0%

$847-99.7%

Provider

Service type

Compensation

FEJES & ASSOCIATES2 years

Service code 16

12890 OLD SEWARD HIGHWAY · ANCHORAGE, AK 99515

Consulting

$10,496

PROFESSIONAL BENEFIT SERVICES5+ years

Service code 49 · EIN 93-0998477

1193 ROYVONNE ST, SE SUITE 22 · SALEM, OR 97302

Other Services

$3,065

JOHN HANCOCK LIFE INSURANCE COMPANY2 years

Filed as: JOHN HANCOCK

Service code 15 · EIN 01-0233346

690 CANTON ST · WESTWOOD, MA 02090

Recordkeeping

$1,252

WILSHIRE ASSOCIATES INCORPORATED2 years

Filed as: WILSHIRE ASSOCIATES INC

Service code 26 · EIN 95-2755361

1299 OCEAN AVE · SANTA MONICA, CA 90401

Advisory (Participants)

$618

COPPER RIVER SEAFOODS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COPPER RIVER SEAFOODS 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