Retirement plan

SCHEID VINEYARDS CALIFORNIA, INC. UNION 401(K) PLAN

Name: SCHEID VINEYARDS CALIFORNIA, INC. - SCHEID VINEYARDS CALIFORNIA, INC. UNION 401(K) PLAN (2018) Form 5500
Creator: SCHEID VINEYARDS CALIFORNIA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCHEID VINEYARDS CALIFORNIA, INC. UNION 401(K) PLAN, SCHEID VINEYARDS CALIFORNIA, INC.

SCHEID VINEYARDS CALIFORNIA, INC.EIN 95-2766024Plan #002PY 2018

305 HILLTOWN ROAD - SALINAS, CA 93908831-455-9990scheidwinery.comLinkedIn51-200 employeeswine and spirits

Other plans on this EIN

1 filing

#001Retirement-$12.7M assets

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$1.6M

-3.3% from 2017

Total participants

123

-3.1% from 2017

Average account balance

$12,642

-0.2% from 2017

Annual return

-0.16%

-4.73 pp from 2017

Benchmarks

See 1,775 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants25-99

Cohort1,775 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.74M

Not enough data

1 years with asset history on file

Average account balance

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

$19K

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.

159.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$96K

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

+4.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2175

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 1 by compensation

Provider	Service type	Compensation
VOYA RETIREMENT INSURANCE & ANNUITY4+ years Filed as: VOYA RETIREMENT INSUR & ANNUITY CO Service code 15 · EIN 71-0294708	Recordkeeping	$5,366

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$5K

$55 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.345%

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: HAYASHI & WAYLAND
Auditor EIN: 201939256
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$12,642

$52,836-76.1%

$105,736-88.0%

$64,173-80.3%

Participation rate

100.0%

66.5%+33.5pp

76.3%+23.7pp

69.6%+30.4pp

Annual return

-0.16%

14.30%-14.5pp

6.27%-6.4pp

7.63%-7.8pp

Employer contribution / active EE

$522

$1,827-71.4%

$3,268-84.0%

$2,381-78.1%

Participant deferral / active EE

$391

$2,545-84.7%

$4,080-90.4%

$3,470-88.7%

Admin fee / account holder

$44

$3,959-98.9%

$6,913-99.4%

$4,887-99.1%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY4+ years

Filed as: VOYA RETIREMENT INSUR & ANNUITY CO

Service code 15 · EIN 71-0294708

Recordkeeping

$5,366

SCHEID VINEYARDS CALIFORNIA, INC. UNION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCHEID VINEYARDS CALIFORNIA, INC. UNION 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