Plans » Benchmarking Engine
Benchmarking Fresca Mexican Foods, LLC 401(K) Plan in Caldwell, ID against
good (7)
neutral (1)
Fresca Mexican Foods, LLC 401(K) Plan in Caldwell, ID has the 9th-highest net income ($321,927) of the 129 Idaho plans. Those $321,927 compare to an average of -$576,087 across the 129 plans.
Note: net income = total income - total expenses
Fresca Mexican Foods, LLC 401(K) Plan has these standings among those 129 peer plans:
Note: net income = total income - total expenses
Fresca Mexican Foods, LLC 401(K) Plan has these standings among those 129 peer plans:
- net income = $321,927 (9th-highest)
- total income = $602,959 (11th-highest)
- total expenses = $281,032 (48th-lowest)
- net income. Higher values are better. Net income, Line 2k from Schedule H, equals total income (Line 2d) minus total expenses (Line 2j), all from Schedule H. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- in state. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
Fresca Mexican Foods, LLC 401(K) Plan in Caldwell, ID is in Idaho, its EIN is 260416371, its industry group is Bakeries and Tortilla Manufacturing, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, is a single-employer plan, its business code is 311800, has 100 to 499 total participants, is better than the overall plan medians in each of total income, net income, yield on beginning-of-plan-year total assets, and diversity of asset types (4 total), is worse than the overall participant averages in each of average account balance, active-participant contributions per head, and employer contributions per active participant, and is higher than the overall administrative medians in each of contract administrator fees, total administrative expenses, and total administrative expense ratio.
Global References
Numeric values:
- total assets ($2,228,354)
- net assets (assets minus liabilities) ($2.20M)
- total assets at beginning of plan year ($1,906,427)
- value of interest in registered investment companies (e.g., mutual funds) ($1.80M)
- total contributions ($871,846)
- total income ($602,959)
- cash contributions from participants ($548,416)
- value of funds held in insurance company general account (unallocated contracts) ($343,172)
- net income ($321,927)
- total expenses ($281,032)
- cash contributions from employers ($272,381)
- participant loans ($43,303)
- contract administrator fees ($28,571)
- total administrative expenses ($28,571)
- receivables employer contributions ($9,302)
- average account balance ($6,516)
- average employer+participant cash contribution per active participant ($3,157)
- average participant cash contribution per active participant ($2,109)
- average employer cash contribution per active participant ($1,048)
- net income per total participant ($941.30)
- total administrative expense per participant ($83.54)
- total noninterest-bearing cash ($0)
- receivables participant contributions ($0)
- other receivables (not employer nor participant contributions) ($0)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- value of interest in common/collective trusts ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- corrective distributions ($0)
- professional fees ($0)
- investment advisory and management fees ($0)
- other administrative expenses ($0)
- asset transfers to the plan ($0)
- asset transfers from the plan ($0)
- earnings on investments (-$268,887)
- net earnings on investments (-$268,887)
- percentage of active participants (76.0%)
- diversity of asset types (17.3%)
- growth in total assets during the plan year (16.9%)
- participant loans as a percentage of plan assets (1.94%)
- total administrative expense ratio (1.282%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- yield on beginning-of-plan-year total assets (-14.10%)
- active participants (260)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (342)
- other retired or separated participants entitled to future benefits (82)
- retired or separated participants receiving benefits (0)
- total participants (342)
Global References