Tip Top Poultry, Inc. Retirement / Savings 401(K) Plan — Form 5500 plan (Tip Top Poultry, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Tip Top Poultry, Inc. Retirement / Savings 401(K) Plan is a benefit plan reported by Tip Top Poultry, Inc. under EIN 58-0702072 and plan number 003. The latest loaded filing year is 2023. The filing reports 1,124 participants and $19,403,349 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$19.4MPlan net assets, end of year$19,403,349
Participants1.1KCovered participants reported1,124
Assets / participant$17.3KComputed: assets ÷ participants$17,263 (computed)
Provider compensation$98K2 Schedule C provider row(s)$97,984
Plan sponsor
Tip Top Poultry, Inc.
EIN
58-0702072
Plan number
003
Plan type
2
Location
Marietta, GA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,124H, C20241011093007NAL0012327363001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$19.4M total assets
Net assets$19.4MLiabilities$0
Money in vs. money out
Total income / additions$5.9M
Total expenses$1.7M
Benefits paid / distributions$1.6M
Contributions
Employer$1.2M
Participant$2M
Full reported line items

Net assets

Total assets (EOY)
$19,403,349
Total liabilities (EOY)
$0
Net assets (EOY)
$19,403,349
Net assets (BOY)
$15,227,619

Income & contributions

Employer contributions
$1,202,372
Participant contributions
$2,005,797
Total contributions
$3,279,892
Total income / additions
$5,907,906

Expenses & distributions

Benefits paid
$1,627,689
Administrative expenses
$97,984
Total expenses
$1,732,176
Net increase / (decrease)
$4,175,730
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 37%Participant 63%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income28%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John Hancock Retirement Plan SrvcsRETAINED BY EMPLOYER$57,063$02023
Cambridge WealthRETAINED BY EMPLOYER$40,921not reported in the loaded dataset2023

Related Form 5500 pages