Retirement plan

MID VALLEY PACKAGING & SUPPLY CO. 401(K) PLAN

Name: GAHVEJIAN ENTERPRISES, INC. DBA MID VALLEY PACKA - MID VALLEY PACKAGING & SUPPLY CO. 401(K) PLAN (2017) Form 5500
Creator: GAHVEJIAN ENTERPRISES, INC. DBA MID VALLEY PACKA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MID VALLEY PACKAGING & SUPPLY CO. 401(K) PLAN, GAHVEJIAN ENTERPRISES, INC. DBA MID VALLEY PACKA

GAHVEJIAN ENTERPRISES, INC. DBA MID VALLEY PACKAEIN 94-2827813Plan #002PY 2017

P.O. BOX 96 - FOWLER, CA 93625559-834-5956

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$10.2M

+18.6% from 2016

Total participants

+5.7% from 2016

Average account balance

$144,338

+11.9% from 2016

Annual return

16.75%

+9.76 pp from 2016

Benchmarks

See 1,712 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants25-99

Cohort1,712 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.07M

Not enough data

1 years with asset history on file

Average account balance

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

$325K

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.

137.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$773K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+16.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2837

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 codes2E2H2J3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

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

$333K

$5749 / participant

Other / not subdivided$333K100.0%

% of EOY assets

3.254%

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

$144,338

$57,828+149.6%

$117,039+23.3%

$70,131+105.8%

Participation rate

94.8%

67.1%+27.7pp

77.2%+17.6pp

69.5%+25.3pp

Annual return

16.75%

17.55%-0.8pp

18.95%-2.2pp

73.14%-56.4pp

Employer contribution / active EE

$4,017

$1,816+121.2%

$3,785+6.1%

$2,342+71.5%

Participant deferral / active EE

$4,441

$2,438+82.2%

$3,929+13.0%

$3,332+33.3%

Admin fee / account holder

$4,696

$3,548+32.4%

$5,974-21.4%

$4,645+1.1%

MID VALLEY PACKAGING & SUPPLY CO. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MID VALLEY PACKAGING & SUPPLY CO. 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