Retirement plan

MADERA PRODUCE COMPANY, INC. 401(K) PROFIT SHARING PLAN

Name: MADERA PRODUCE COMPANY, INC. - MADERA PRODUCE COMPANY, INC. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: MADERA PRODUCE COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MADERA PRODUCE COMPANY, INC. 401(K) PROFIT SHARING PLAN, MADERA PRODUCE COMPANY, INC.

MADERA PRODUCE COMPANY, INC.EIN 94-2779314Plan #001PY 2024

5151 N PALM AVE SUITE 920 - FRESNO, CA 93704559-224-7656LinkedIn11-50 employeesfood & beverages

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6.6M

+19.6% from 2023

Total participants

+8.2% from 2023

Average account balance

$124,842

+10.6% from 2023

Annual return

17.75%

-1.16 pp from 2023

Benchmarks

See 2,591 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort2,591 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.62M

Not enough data

1 years with asset history on file

Average account balance

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

$125K

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.

143.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$240K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+17.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3314

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$176K

$4747 / participant

Other / not subdivided$176K100.0%

% of EOY assets

2.655%

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

$124,842

$63,773+95.8%

$81,286+53.6%

$80,925+54.3%

Participation rate

100.0%

63.9%+36.1pp

69.5%+30.5pp

67.7%+32.3pp

Annual return

17.75%

16.37%+1.4pp

24.80%-7.0pp

35.65%-17.9pp

Employer contribution / active EE

$4,382

$1,979+121.4%

$2,463+77.9%

$2,756+59.0%

Participant deferral / active EE

$2,102

$3,093-32.0%

$3,883-45.9%

$4,299-51.1%

Admin fee / account holder

$3,314

$5,682-41.7%

$5,764-42.5%

$6,940-52.2%

MADERA PRODUCE COMPANY, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MADERA PRODUCE COMPANY, 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