Retirement plan

TULE RIVER COOPERATIVE DRYER, INC. PROFIT SHARING 401(K) PLAN

Name: TULE RIVER COOPERATIVE DRYER, INC. - TULE RIVER COOPERATIVE DRYER, INC. PROFIT SHARING 401(K) PLAN (2020) Form 5500
Creator: TULE RIVER COOPERATIVE DRYER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TULE RIVER COOPERATIVE DRYER, INC. PROFIT SHARING 401(K) PLAN, TULE RIVER COOPERATIVE DRYER, INC.

TULE RIVER COOPERATIVE DRYER, INC.EIN 94-1532807Plan #002PY 2020

P.O. BOX 1539 - PORTERVILLE, CA 93258559-686-4685LinkedIn1-10 employeesfood production

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$154K

+14.4% from 2019

Total participants

0.0% from 2019

Average account balance

$21,936

-18.3% from 2019

Annual return

-2.09%

-3.89 pp from 2019

Benchmarks

See 3,638 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort3,638 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$303K

Not enough data

1 years with asset history on file

Average account balance

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

$61K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$22K

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

+10.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$491

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 codes2E2F2G2J3D

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.
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.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$2K

$328 / participant

Other / not subdivided$2K100.0%

% of EOY assets

1.495%

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

$21,936

$105,960-79.3%

$81,726-73.2%

$158,982-86.2%

Participation rate

100.0%

75.6%+24.4pp

72.0%+28.0pp

82.0%+18.0pp

Annual return

-2.09%

38.19%-40.3pp

29.49%-31.6pp

302.99%-305.1pp

Employer contribution / active EE

$1,261

$7,805-83.8%

$4,311-70.8%

$4,763-73.5%

Participant deferral / active EE

$1,898

$13,011-85.4%

$7,108-73.3%

$5,983-68.3%

Admin fee / account holder

$328

$8,494-96.1%

$5,160-93.6%

$11,252-97.1%

TULE RIVER COOPERATIVE DRYER, INC. PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TULE RIVER COOPERATIVE DRYER, INC. PROFIT SHARING 401(K) 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