Retirement plan

SUN-MAID GROWERS OF CALIFORNIA EMPLOYEE RETIREMENT SAVINGS PLAN

Name: SUN-MAID GROWERS OF CALIFORNIA - SUN-MAID GROWERS OF CALIFORNIA EMPLOYEE RETIREMENT SAVINGS PLAN (2023) Form 5500
Creator: SUN-MAID GROWERS OF CALIFORNIA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUN-MAID GROWERS OF CALIFORNIA EMPLOYEE RETIREMENT SAVINGS PLAN, SUN-MAID GROWERS OF CALIFORNIA

SUN-MAID GROWERS OF CALIFORNIAEIN 94-0908760Plan #004PY 2023

6795 N. PALM, 2ND FLOOR - FRESNO, CA 937110100559-896-8000LinkedIn1-10 employeeswarehousing

Other plans on this EIN

3 filings

#006Retirement-$392K assets #003Retirement--#007Retirement--

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed June 1, 2018

Plan administrator

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13525 South Bethel Avenue

Kingsburg State: CA Zip Code: 93631

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Plans declared (1)

Plan name not on file1 emp

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Total assets (EOY)

$48.6M

+101.4% from 2022

Total participants

325

+53.3% from 2022

Average account balance

$149,470

+31.4% from 2022

Annual return

124.62%

+137.86 pp from 2022

Benchmarks

See 2,343 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,343 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$53.95M

Not enough data

1 years with asset history on file

Average account balance

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

$180K

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.

300

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.

77.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.43M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+12.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$273

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
PRUDENTIAL RETIREMENT INSURANCE AND1 year Service code 13 · EIN 06-1050034	Contract Administrator	$44,655
PRUDENTIAL RETIREMENT INSURANCE AND1 year Filed as: THE PRUDENTIAL INSURANCE COMPANY OF Service code 15	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2G2J3F3D2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$45K

$182 / participant

Contract admin$45K99.9%
Other / not subdivided$500.1%

% of EOY assets

0.092%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$149,470

$83,090+79.9%

$130,062+14.9%

$71,529+109.0%

Participation rate

100.0%

74.1%+25.9pp

78.5%+21.5pp

67.9%+32.1pp

Annual return

124.62%

20.61%+104.0pp

-137.37%+262.0pp

28.97%+95.6pp

Employer contribution / active EE

$2,624-100.0%

$4,322-100.0%

$2,590-100.0%

Participant deferral / active EE

$5,551

$4,436+25.1%

$5,821-4.6%

$4,291+29.4%

Admin fee / account holder

$138

$1,727-92.0%

$10,601-98.7%

$1,588-91.3%

Provider

Service type

Compensation

PRUDENTIAL RETIREMENT INSURANCE AND1 year

Service code 13 · EIN 06-1050034

Contract Administrator

$44,655

PRUDENTIAL RETIREMENT INSURANCE AND1 year

Filed as: THE PRUDENTIAL INSURANCE COMPANY OF

Service code 15

Recordkeeping

SUN-MAID GROWERS OF CALIFORNIA EMPLOYEE RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUN-MAID GROWERS OF CALIFORNIA EMPLOYEE RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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