Retirement plan

DELANO GROWERS GRAPE PRODUCTS 401(K) PLAN

Name: DELANO GROWERS GRAPE PRODUCTS - DELANO GROWERS GRAPE PRODUCTS 401(K) PLAN (2022) 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 2022

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

Other plans on this EIN

1 filing

#003Retirement-$1.7M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.1M

-7.5% from 2021

Total participants

+8.8% from 2021

Average account balance

$47,935

-5.4% from 2021

Annual return

-14.06%

-22.78 pp from 2021

Benchmarks

See 2,278 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants25-99

Cohort2,278 peers

Snapshot2022

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 codes2E2J2F2G3D

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

$73K

$1222 / participant

Other / not subdivided$73K100.0%

% of EOY assets

3.478%

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

$47,935

$56,339-14.9%

$104,301-54.0%

$68,486-30.0%

Participation rate

70.0%

63.3%+6.7pp

73.3%-3.3pp

67.9%+2.1pp

Annual return

-14.06%

-9.19%-4.9pp

24.61%-38.7pp

-7.85%-6.2pp

Employer contribution / active EE

$1,480

$1,960-24.5%

$3,373-56.1%

$2,597-43.0%

Participant deferral / active EE

$1,853

$3,077-39.8%

$4,626-59.9%

$4,028-54.0%

Admin fee / account holder

$1,667

$4,902-66.0%

$7,340-77.3%

$5,404-69.2%

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