Retirement plan

ORCHARD MACHINERY CORP. 401(K) PLAN

Name: ORCHARD MACHINERY CORPORATION - ORCHARD MACHINERY CORP. 401(K) PLAN (2021) Form 5500
Creator: ORCHARD MACHINERY CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ORCHARD MACHINERY CORP. 401(K) PLAN, ORCHARD MACHINERY CORPORATION

ORCHARD MACHINERY CORPORATIONEIN 94-1556631Plan #002PY 2021

2700 COLUSA HIGHWAY - YUBA CITY, CA 95993530-673-2822shakermaker.comLinkedIn51-200 employeesmachinery

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$8.7M

+13.7% from 2020

Total participants

154

-7.2% from 2020

Average account balance

$86,691

+20.5% from 2020

Annual return

13.55%

-0.01 pp from 2020

Benchmarks

See 500 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants100-249

Cohort500 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.70M

Not enough data

1 years with asset history on file

Average account balance

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

$103K

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.

104

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.

68.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$776K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3157

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

Top 2 by compensation

Provider	Service type	Compensation
EPIC RETIREMENT PLAN SERVICES6 years Filed as: HANSON MCCLAIN RETIREMENT PLAN SERV Service code 27 1180 IRON POINT ROAD · FOLSOM, CA 95630	Advisory (Plan)	$18,647
NEWPORT GROUP, INC.6 years Service code 13 · EIN 27-2037969	Contract Administrator	$10,857

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$30K

$227 / participant

Investment mgmt$19K63.2%
Contract admin$11K36.8%

% of EOY assets

0.340%

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: GRANT BENNETT ASSOCIATES
Auditor EIN: 942692073
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$86,691

$65,862+31.6%

$124,693-30.5%

$79,391+9.2%

Participation rate

58.5%

62.2%-3.8pp

74.6%-16.2pp

70.7%-12.2pp

Annual return

13.55%

19.02%-5.5pp

5144.19%-5130.6pp

116.88%-103.3pp

Employer contribution / active EE

$1,909

$1,883+1.4%

$3,324-42.6%

$2,428-21.4%

Participant deferral / active EE

$3,723

$2,772+34.3%

$4,615-19.3%

$4,046-8.0%

Admin fee / account holder

$295

$673-56.1%

$7,494-96.1%

$627-52.9%

Provider

Service type

Compensation

EPIC RETIREMENT PLAN SERVICES6 years

Filed as: HANSON MCCLAIN RETIREMENT PLAN SERV

Service code 27

1180 IRON POINT ROAD · FOLSOM, CA 95630

Advisory (Plan)

$18,647

NEWPORT GROUP, INC.6 years

Service code 13 · EIN 27-2037969

Contract Administrator

$10,857

ORCHARD MACHINERY CORP. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ORCHARD MACHINERY CORP. 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