Retirement plan

WAWONA FROZEN FOODS 401(K) PLAN

Name: WAWONA FROZEN FOODS - WAWONA FROZEN FOODS 401(K) PLAN (2024) Form 5500
Creator: WAWONA FROZEN FOODS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WAWONA FROZEN FOODS 401(K) PLAN, WAWONA FROZEN FOODS

WAWONA FROZEN FOODSEIN 94-1566708Plan #002PY 2024

100 WEST ALLUVIAL - CLOVIS, CA 93611559-299-2901wawona.comLinkedIn201-500 employeesfood & beverages

Prospect flagsLow returnsLow participationLow employer contributionLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$7.5M

+10.8% from 2023

Total participants

464

+21.1% from 2023

Average account balance

$46,790

+8.7% from 2023

Annual return

10.09%

-5.10 pp from 2023

Benchmarks

See 743 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort743 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.49M

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

160

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.

33.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$700K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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)

$286

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 6 by compensation

Provider	Service type	Compensation
ROUSH INVESTMENTS LLC1 year Filed as: ROUSH INVESTMENTS Service code 26 · EIN 27-2442764	Advisory (Participants)	$23,792
PENTEGRA SERVICES, INC.1 year Filed as: APS - PENTEGRA Service code 14 · EIN 13-3892096 5350 77 CENTER DR STE 200 · CHARLOTTE, NC 28217	Plan Administrator	$3,360
LEAFHOUSE FINANCIAL ADVISORS, LLC1 year Service code 26 · EIN 26-4311657	Advisory (Participants)	$2,641
NATIONWIDE1 year Filed as: NATIONWIDE LIFE INSURANCE COMPANY Service code 26 · EIN 31-4156830 10 W NATIONWIDE BLVD · COLUMBUS, OH 43215	Advisory (Participants)	$528
NATIONWIDE1 year Service code 13 · EIN 31-4177100 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Contract Administrator	$10
PROACCOUNT1 year Service code 26 · EIN 73-0988442 10 W NATIONWIDE BLVD · COLUMBUS, OH 43215	Advisory (Participants)	$1

Plan features & details

Pension benefit codes2E2J2K2F2G3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

5 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$46K

$101 / participant

Other / not subdivided$46K100.0%

% of EOY assets

0.611%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PW PARTNERS
Auditor EIN: 833323563
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$46,790

$66,486-29.6%

$81,370-42.5%

$77,762-39.8%

Participation rate

33.0%

68.7%-35.7pp

69.5%-36.5pp

70.6%-37.5pp

Annual return

10.09%

15.95%-5.9pp

24.85%-14.8pp

31.27%-21.2pp

Employer contribution / active EE

$530

$2,158-75.4%

$2,464-78.5%

$2,728-80.6%

Participant deferral / active EE

$1,012

$3,677-72.5%

$3,885-73.9%

$4,651-78.2%

Admin fee / account holder

$286

$586-51.2%

$5,749-95.0%

$433-33.9%

Provider

Service type

Compensation

ROUSH INVESTMENTS LLC1 year

Filed as: ROUSH INVESTMENTS

Service code 26 · EIN 27-2442764

Advisory (Participants)

$23,792

PENTEGRA SERVICES, INC.1 year

Filed as: APS - PENTEGRA

Service code 14 · EIN 13-3892096

5350 77 CENTER DR STE 200 · CHARLOTTE, NC 28217

Plan Administrator

$3,360

LEAFHOUSE FINANCIAL ADVISORS, LLC1 year

Service code 26 · EIN 26-4311657

Advisory (Participants)

$2,641

NATIONWIDE1 year

Filed as: NATIONWIDE LIFE INSURANCE COMPANY

Service code 26 · EIN 31-4156830

10 W NATIONWIDE BLVD · COLUMBUS, OH 43215

Advisory (Participants)

$528

NATIONWIDE1 year

Service code 13 · EIN 31-4177100

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Contract Administrator

$10

PROACCOUNT1 year

Service code 26 · EIN 73-0988442

10 W NATIONWIDE BLVD · COLUMBUS, OH 43215

Advisory (Participants)

WAWONA FROZEN FOODS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WAWONA FROZEN FOODS 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