Retirement plan

DEL MAR FOOD PRODUCTS CORP. 401(K) PROFIT SHARING PLAN

Name: DEL MAR FOOD PRODUCTS CORP - DEL MAR FOOD PRODUCTS CORP. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: DEL MAR FOOD PRODUCTS CORP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DEL MAR FOOD PRODUCTS CORP. 401(K) PROFIT SHARING PLAN, DEL MAR FOOD PRODUCTS CORP

DEL MAR FOOD PRODUCTS CORPEIN 94-1460963Plan #002PY 2019

P.O. BOX 891 - WATSONVILLE, CA 95077831-722-3516delmarfoods.comLinkedIn11-50 employeesfood production

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$8.4M

+27.3% from 2018

Total participants

-8.0% from 2018

Average account balance

$381,223

+10.0% from 2018

Annual return

20.44%

+17.00 pp from 2018

Benchmarks

See 3,427 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort3,427 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.22M

Not enough data

1 years with asset history on file

Average account balance

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

$601K

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.

104.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$873K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$42K

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

+11.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$40541

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 codes2E2F2G2T3D

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$175K

$8766 / participant

Other / not subdivided$175K100.0%

% of EOY assets

2.090%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$381,223

$104,520+264.7%

$76,823+396.2%

$152,885+149.4%

Participation rate

95.0%

76.6%+18.4pp

72.1%+22.9pp

82.5%+12.5pp

Annual return

20.44%

1014.03%-993.6pp

1166.42%-1146.0pp

345.39%-325.0pp

Employer contribution / active EE

$26,401

$3,117+747.0%

$2,302+1046.7%

$4,763+454.3%

Participant deferral / active EE

$4,912

$4,236+16.0%

$3,336+47.2%

$5,851-16.1%

Admin fee / account holder

$7,969

$12,283-35.1%

$6,422+24.1%

$11,598-31.3%

DEL MAR FOOD PRODUCTS CORP. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DEL MAR FOOD PRODUCTS CORP. 401(K) PROFIT SHARING 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