Retirement plan

DELANO GROWERS GRAPE PRODUCTS 401(K) PLAN

Name: DELANO GROWERS GRAPE PRODUCTS - DELANO GROWERS GRAPE PRODUCTS 401(K) PLAN (2020) 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 2020

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

Other plans on this EIN

1 filing

#003Retirement-$1.6M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.9M

+15.3% from 2019

Total participants

0.0% from 2019

Average account balance

$43,371

+18.0% from 2019

Annual return

11.21%

-5.26 pp from 2019

Benchmarks

See 1,943 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants25-99

Cohort1,943 peers

Snapshot2020

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

$149K

$2872 / participant

Other / not subdivided$149K100.0%

% of EOY assets

7.827%

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

$43,371

$64,324-32.6%

$118,914-63.5%

$79,856-45.7%

Participation rate

82.7%

64.9%+17.8pp

75.4%+7.3pp

69.6%+13.1pp

Annual return

11.21%

86.45%-75.2pp

35.89%-24.7pp

31.71%-20.5pp

Employer contribution / active EE

$2,037

$1,836+10.9%

$3,264-37.6%

$2,471-17.6%

Participant deferral / active EE

$1,791

$2,824-36.6%

$4,266-58.0%

$3,741-52.1%

Admin fee / account holder

$3,395

$4,040-16.0%

$6,582-48.4%

$5,306-36.0%

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