Retirement plan

JACOBS FARM-DEL CABO, INC. 401-K PROFIT SHARING PLAN

Name: JACOBS FARM-DEL CABO, INC. - JACOBS FARM-DEL CABO, INC. 401-K PROFIT SHARING PLAN (2018) Form 5500
Creator: JACOBS FARM-DEL CABO, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JACOBS FARM-DEL CABO, INC. 401-K PROFIT SHARING PLAN, JACOBS FARM-DEL CABO, INC.

JACOBS FARM-DEL CABO, INC.EIN 94-3233994Plan #001PY 2018

390 SWIFT AVE., SUITE 8 - SOUTH SAN FRANCISCO, CA 94080650-879-2585jacobsfarmdelcabo.comLinkedIn201-500 employeesfarming

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$3.7M

-1.1% from 2017

Total participants

262

-27.8% from 2017

Average account balance

$45,448

+3.8% from 2017

Annual return

-4.39%

-20.24 pp from 2017

Benchmarks

See 441 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants100-249

Cohort441 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.98M

Not enough data

1 years with asset history on file

Average account balance

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

$83K

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.

49.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$388K

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

+10.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4943

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 5 by compensation

Provider	Service type	Compensation
VALMARK ADVISERS INC3 years Filed as: VALMARK SECURITIES INC. Service code 55	Other Commissions	$12,163
PEERY & ASSOCIATES, INC.3 years Service code 13 P.O. BOX 850 · PESCADERO, CA 94060	Contract Administrator	$1,920
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$1,707
GREAT-WEST LIFE & ANNUITY INSURANCE4+ years Filed as: GREAT-WEST & ANNUITY INSURANCE Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$1,090
VALMARK ADVISERS INC4+ years Filed as: VALMARK SECURITIES INC Service code 55 130 SPRINGSIDE DRIVE #300 · AKRON, OH 44333	Other Commissions	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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

2 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.

Expense breakdown

Schedule H Part II

Admin total

$2K

$10 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.064%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: C.G. UHLENBERG LLP
Auditor EIN: 270472389
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,448

$65,557-30.7%

$105,738-57.0%

$56,287-19.3%

Participation rate

26.4%

63.4%-37.0pp

76.3%-49.9pp

69.9%-43.4pp

Annual return

-4.39%

-1.32%-3.1pp

6.27%-10.7pp

-9.96%+5.6pp

Employer contribution / active EE

$545

$1,788-69.5%

$3,268-83.3%

$2,111-74.2%

Participant deferral / active EE

$1,009

$2,418-58.3%

$4,080-75.3%

$3,350-69.9%

Admin fee / account holder

$29

$561-94.8%

$6,913-99.6%

$521-94.4%

Provider

Service type

Compensation

VALMARK ADVISERS INC3 years

Filed as: VALMARK SECURITIES INC.

Service code 55

Other Commissions

$12,163

PEERY & ASSOCIATES, INC.3 years

Service code 13

P.O. BOX 850 · PESCADERO, CA 94060

Contract Administrator

$1,920

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER RETIREMENT ADVISORY SERVICE

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$1,707

GREAT-WEST LIFE & ANNUITY INSURANCE4+ years

Filed as: GREAT-WEST & ANNUITY INSURANCE

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$1,090

VALMARK ADVISERS INC4+ years

Filed as: VALMARK SECURITIES INC

Service code 55

130 SPRINGSIDE DRIVE #300 · AKRON, OH 44333

Other Commissions

JACOBS FARM-DEL CABO, INC. 401-K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JACOBS FARM-DEL CABO, 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