Retirement plan

PAJARO DUNES NORTH ASSOCIATION, INC. 401(K) PROFIT SHARING PLAN

Name: PAJARO DUNES NORTH ASSOCIATION, INC. - PAJARO DUNES NORTH ASSOCIATION, INC. 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: PAJARO DUNES NORTH ASSOCIATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PAJARO DUNES NORTH ASSOCIATION, INC. 401(K) PROFIT SHARING PLAN, PAJARO DUNES NORTH ASSOCIATION, INC.

PAJARO DUNES NORTH ASSOCIATION, INC.EIN 94-2156952Plan #002PY 2023

101 SHELL ROAD - WATSONVILLE, CA 95076831-761-7752pajarodunesshorebirds.comLinkedIn11-50 employeesaccounting

Prospect flagsLow returnsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$499K

+17.3% from 2022

Total participants

0.0% from 2022

Average account balance

$35,627

+25.7% from 2022

Annual return

9.54%

+20.58 pp from 2022

Benchmarks

See 41,808 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort41,808 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$580K

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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

$51K

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

+6.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$284

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 codes2E2F2G2J2T3D

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.

Opportunity flags

3 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.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$24K

$1690 / participant

Other / not subdivided$24K100.0%

% of EOY assets

4.742%

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

$35,627

$96,678-63.1%

$86,640-58.9%

$139,466-74.5%

Participation rate

92.9%

74.4%+18.4pp

71.7%+21.1pp

80.3%+12.5pp

Annual return

9.54%

106.69%-97.1pp

592.52%-583.0pp

373.66%-364.1pp

Employer contribution / active EE

$1,930

$3,265-40.9%

$3,024-36.2%

$4,754-59.4%

Participant deferral / active EE

$2,045

$4,837-57.7%

$4,438-53.9%

$6,712-69.5%

Admin fee / account holder

$1,690

$6,410-73.6%

$5,616-69.9%

$11,409-85.2%

PAJARO DUNES NORTH ASSOCIATION, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PAJARO DUNES NORTH ASSOCIATION, INC. 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