Retirement plan

PATTERSON NURSERY SALES, INC. 401(K) PLAN

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

PATTERSON NURSERY SALES, INC.EIN 93-0987268Plan #001PY 2022

P.O. BOX 68 - EAGLE CREEK, OR 97022503-668-6000pattersonnurserysales.comLinkedIn11-50 employeesfarming

Other plans on this EIN

1 filing

#002Retirement-$1.0M assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$279K

+99.9% from 2021

Total participants

+4.1% from 2021

Average account balance

$16,399

+99.9% from 2021

Annual return

-12.82%

-12.82 pp from 2021

Benchmarks

See 2,278 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants25-99

Cohort2,278 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$590K

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

29.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$177K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+11.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6875

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 codes2E2F2G2J2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

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

$16,399

$56,339-70.9%

$104,301-84.3%

$68,486-76.1%

Participation rate

27.7%

63.3%-35.6pp

73.3%-45.6pp

67.9%-40.2pp

Annual return

-12.82%

-9.19%-3.6pp

24.61%-37.4pp

-7.85%-5.0pp

Employer contribution / active EE

$1,960-100.0%

$3,373-100.0%

$2,597-100.0%

Participant deferral / active EE

$3,345

$3,077+8.7%

$4,626-27.7%

$4,028-16.9%

Admin fee / account holder

$4,902-100.0%

$7,340-100.0%

$5,404-100.0%

PATTERSON NURSERY SALES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

PATTERSON NURSERY SALES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion