Retirement plan

DELANO GROWERS GRAPE PRODUCTS 401(K) PLAN

Name: DELANO GROWERS GRAPE PRODUCTS - DELANO GROWERS GRAPE PRODUCTS 401(K) PLAN (2019) Form 5500
Creator: DELANO GROWERS GRAPE PRODUCTS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DELANO GROWERS GRAPE PRODUCTS 401(K) PLAN, DELANO GROWERS GRAPE PRODUCTS

DELANO GROWERS GRAPE PRODUCTSEIN 95-0675553Plan #004PY 2019

32351 BASSETT AVENUE - DELANO, CA 93215661-725-3255delanogrowersgrapeproducts.comLinkedIn1-10 employeesfood & beverages

Other plans on this EIN

1 filing

#003Retirement-$1.5M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.7M

+22.8% from 2018

Total participants

+8.2% from 2018

Average account balance

$36,769

+20.1% from 2018

Annual return

16.47%

+21.97 pp from 2018

Benchmarks

See 1,927 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants25-99

Cohort1,927 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.60M

Not enough data

1 years with asset history on file

Average account balance

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

$55K

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.

73.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$231K

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

+10.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7939

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 codes2E2F2G2J3D

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.
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

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

$132K

$2547 / participant

Other / not subdivided$132K100.0%

% of EOY assets

8.005%

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

$36,769

$58,851-37.5%

$115,170-68.1%

$72,975-49.6%

Participation rate

84.6%

65.5%+19.1pp

75.9%+8.7pp

69.5%+15.1pp

Annual return

16.47%

23.16%-6.7pp

35.60%-19.1pp

81.01%-64.5pp

Employer contribution / active EE

$1,905

$1,798+6.0%

$3,179-40.1%

$2,440-21.9%

Participant deferral / active EE

$1,950

$2,643-26.2%

$4,169-53.2%

$3,608-46.0%

Admin fee / account holder

$2,943

$6,370-53.8%

$7,089-58.5%

$5,124-42.6%

DELANO GROWERS GRAPE PRODUCTS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DELANO GROWERS GRAPE PRODUCTS 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