Retirement plan

LION NATHAN USA, INC. 401(K) RETIREMENT PLAN

Name: LION NATHAN USA, INC. - LION NATHAN USA, INC. 401(K) RETIREMENT PLAN (2021) Form 5500
Creator: LION NATHAN USA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LION NATHAN USA, INC. 401(K) RETIREMENT PLAN, LION NATHAN USA, INC.

LION NATHAN USA, INC.EIN 93-1290792Plan #002PY 2021

8717 W. 110TH ST, STE 430 BLDG 14 - OVERLAND PARK, KS 66210913-338-4433LinkedIn51-200 employeesfood production

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$12.2M

+5.1% from 2020

Total participants

263

-14.6% from 2020

Average account balance

$57,430

-5.7% from 2020

Annual return

12.49%

-41.26 pp from 2020

Benchmarks

See 2,249 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,249 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.12M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

184

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.

71.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.64M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+10.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$524

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 3 by compensation

Provider	Service type	Compensation
CREATIVE PLANNING LLC1 year Filed as: CREATIVE PLANNING, LLC Service code 26 · EIN 43-1270780	Advisory (Participants)	$72,185
NEWPORT GROUP, INC.6 years Service code 15 · EIN 27-2037969	Recordkeeping	$19,060
NEWPORT GROUP, INC.3 years Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 58-1428634	Bank Trustee	$11,034

Plan features & details

Pension benefit codes2E2F2G2J2T3D3F3H

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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$102K

$656 / participant

Investment mgmt$72K70.6%
Contract admin$19K18.6%
Other / not subdivided$11K10.8%

% of EOY assets

0.836%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PLANTE & MORAN, PLLC
Auditor EIN: 381357951
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$57,430

$93,182-38.4%

$146,647-60.8%

$79,389-27.7%

Participation rate

67.9%

76.4%-8.5pp

80.1%-12.1pp

70.7%-2.8pp

Annual return

12.49%

21.61%-9.1pp

22.75%-10.3pp

116.89%-104.4pp

Employer contribution / active EE

$2,713

$2,420+12.1%

$4,137-34.4%

$2,428+11.7%

Participant deferral / active EE

$4,638

$4,169+11.3%

$5,506-15.8%

$4,046+14.6%

Admin fee / account holder

$480

$585-17.9%

$10,281-95.3%

$626-23.3%

Provider

Service type

Compensation

CREATIVE PLANNING LLC1 year

Filed as: CREATIVE PLANNING, LLC

Service code 26 · EIN 43-1270780

Advisory (Participants)

$72,185

NEWPORT GROUP, INC.6 years

Service code 15 · EIN 27-2037969

Recordkeeping

$19,060

NEWPORT GROUP, INC.3 years

Filed as: NEWPORT TRUST COMPANY

Service code 21 · EIN 58-1428634

Bank Trustee

$11,034

LION NATHAN USA, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LION NATHAN USA, INC. 401(K) RETIREMENT 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