Retirement plan

IRRIGATION CONCEPTS 401(K) PROFIT SHARING PLAN

Name: IRRIGATION CONCEPTS - IRRIGATION CONCEPTS 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: IRRIGATION CONCEPTS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IRRIGATION CONCEPTS 401(K) PROFIT SHARING PLAN, IRRIGATION CONCEPTS

IRRIGATION CONCEPTSEIN 95-4703250Plan #001PY 2017

P. O. BOX 307 - MCFARLAND, CA 93250661-792-1886

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$489K

+44.9% from 2016

Total participants

-8.3% from 2016

Average account balance

$40,766

+177.6% from 2016

Annual return

9.86%

+9.86 pp from 2016

Benchmarks

See 4,832 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants<25

Cohort4,832 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$834K

Not enough data

1 years with asset history on file

Average account balance

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

$83K

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.

111.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$31K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+7.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2F2J2T3D

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).
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.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

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

$40,766

$149,679-72.8%

$117,039-65.2%

$147,586-72.4%

Participation rate

50.0%

83.5%-33.5pp

77.2%-27.2pp

82.8%-32.8pp

Annual return

9.86%

19.31%-9.5pp

18.95%-9.1pp

578.59%-568.7pp

Employer contribution / active EE

$1,157

$4,937-76.6%

$3,785-69.4%

$4,876-76.3%

Participant deferral / active EE

$4,752

$4,912-3.2%

$3,929+20.9%

$5,439-12.6%

Admin fee / account holder

$7,856-100.0%

$5,974-100.0%

$10,886-100.0%

IRRIGATION CONCEPTS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

IRRIGATION CONCEPTS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion