Retirement plan

SUNRIDGE NURSERIES, INC. 401(K) PLAN

Name: SUNRIDGE NURSERIES, INC. - SUNRIDGE NURSERIES, INC. 401(K) PLAN (2017) Form 5500
Creator: SUNRIDGE NURSERIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUNRIDGE NURSERIES, INC. 401(K) PLAN, SUNRIDGE NURSERIES, INC.

SUNRIDGE NURSERIES, INC.EIN 95-3127013Plan #001PY 2017

441 VINELAND ROAD - BAKERSFIELD, CA 933079556661-363-8463sunridgenurseries.comLinkedIn201-500 employeesfarming

Prospect flagsFailed to transmit contributions

Top hat statement on fileNQDC

Filed May 15, 2018 (most recent of 2 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view

441 VINELAND RD

BAKERSFIELD State: CA Zip Code: 93307

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Plans declared (1)

SUNRIDGE NURSERIES SERP3 emp

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Total assets (EOY)

$4M

+29.3% from 2016

Total participants

121

-33.9% from 2016

Average account balance

$35,107

+107.0% from 2016

Annual return

18.55%

+11.28 pp from 2016

Benchmarks

See 1,712 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants25-99

Cohort1,712 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.83M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

114

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.

45.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$781K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+12.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$350

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

1 years with F_SCH_H allocation on file

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
WESPAC PLAN SERVICES, LLC3+ years Filed as: WESPAC ADVISORS, LLC Service code 26 · EIN 26-2824668 519 17TH STREET · OAKLAND, CA 94612	Advisory (Participants)	$16,698
WESPAC PLAN SERVICES, LLC3+ years Service code 13 · EIN 26-2824865 519 174TH STREET · OAKLAND, CA 94612	Contract Administrator	$11,883

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

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$29K

$298 / participant

Investment mgmt$17K58.4%
Contract admin$7K24.5%
Other / not subdivided$5K17.1%

% of EOY assets

0.720%

all-in expense ratio

Categories reported

2 / 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: BARBICH HOOPER KING DILL HOFFMAN
Auditor EIN: 953705481
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,107

$57,828-39.3%

$117,039-70.0%

$70,126-49.9%

Participation rate

91.7%

67.1%+24.5pp

77.2%+14.5pp

69.5%+22.1pp

Annual return

18.55%

17.55%+1.0pp

18.95%-0.4pp

73.15%-54.6pp

Employer contribution / active EE

$1,812

$1,816-0.2%

$3,785-52.1%

$2,343-22.7%

Participant deferral / active EE

$2,235

$2,438-8.3%

$3,929-43.1%

$3,332-32.9%

Admin fee / account holder

$253

$3,548-92.9%

$5,974-95.8%

$4,645-94.6%

Provider

Service type

Compensation

WESPAC PLAN SERVICES, LLC3+ years

Filed as: WESPAC ADVISORS, LLC

Service code 26 · EIN 26-2824668

519 17TH STREET · OAKLAND, CA 94612

Advisory (Participants)

$16,698

WESPAC PLAN SERVICES, LLC3+ years

Service code 13 · EIN 26-2824865

519 174TH STREET · OAKLAND, CA 94612

Contract Administrator

$11,883

SUNRIDGE NURSERIES, INC. 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUNRIDGE NURSERIES, INC. 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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