Retirement plan

ASHLAND FOOD COOPERATIVE 401(K) RETIREMENT PLAN AND TRUST

Name: ASHLAND FOOD COOPERATIVE - ASHLAND FOOD COOPERATIVE 401(K) RETIREMENT PLAN AND TRUST (2017) Form 5500
Creator: ASHLAND FOOD COOPERATIVE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ASHLAND FOOD COOPERATIVE 401(K) RETIREMENT PLAN AND TRUST, ASHLAND FOOD COOPERATIVE

ASHLAND FOOD COOPERATIVEEIN 93-0634581Plan #001PY 2017

237 NORTH FIRST STREET - ASHLAND, OR 97520541-552-5440

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$4.5M

+18.3% from 2016

Total participants

170

+4.3% from 2016

Average account balance

$29,116

-9.2% from 2016

Annual return

15.08%

+4.72 pp from 2016

Benchmarks

See 2,319 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,319 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.28M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

141

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.

89.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$533K

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

+14.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$271

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 2 by compensation

Provider	Service type	Compensation
PGR SOLUTIONS, LLC3+ years Service code 26 · EIN 75-3008352	Advisory (Participants)	$30,479
SPECTRUM PENSION CONSULTANTS, INC.1 year Service code 12 · EIN 91-1035498	Claims processing; Consulting (pensio...	$5,083

Plan features & details

Pension benefit codes3D2E2J2K2T2F

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).
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.

Opportunity flags

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$36K

$271 / participant

Investment mgmt$30K85.7%
Other / not subdivided$5K14.3%

% of EOY assets

0.788%

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: WEGNER CPAS, LLP
Auditor EIN: 390974031
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,116

$51,466-43.4%

$78,778-63.0%

$62,293-53.3%

Participation rate

88.5%

59.8%+28.8pp

69.2%+19.4pp

69.5%+19.0pp

Annual return

15.08%

19.96%-4.9pp

35.62%-20.5pp

28.90%-13.8pp

Employer contribution / active EE

$1,305

$827+57.7%

$1,986-34.3%

$2,042-36.1%

Participant deferral / active EE

$2,182

$2,147+1.6%

$2,958-26.2%

$3,169-31.1%

Admin fee / account holder

$229

$489-53.1%

$5,134-95.5%

$479-52.1%

Provider

Service type

Compensation

PGR SOLUTIONS, LLC3+ years

Service code 26 · EIN 75-3008352

Advisory (Participants)

$30,479

SPECTRUM PENSION CONSULTANTS, INC.1 year

Service code 12 · EIN 91-1035498

Claims processing; Consulting (pensio...

$5,083

ASHLAND FOOD COOPERATIVE 401(K) RETIREMENT PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ASHLAND FOOD COOPERATIVE 401(K) RETIREMENT PLAN AND TRUST

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