Retirement plan

STONEWALL KITCHEN, LLC 401(K) PROFIT SHARING PLAN

Name: STONEWALL KITCHEN, LLC - STONEWALL KITCHEN, LLC 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: STONEWALL KITCHEN, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STONEWALL KITCHEN, LLC 401(K) PROFIT SHARING PLAN, STONEWALL KITCHEN, LLC

STONEWALL KITCHEN, LLCEIN 01-0544070Plan #001PY 2024

2 STONEWALL LANE - YORK, ME 03909207-351-2713LinkedIn11-50 employeesfood & beverages

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$25.1M

+14.2% from 2023

Total participants

632

+2.1% from 2023

Average account balance

$65,415

+11.8% from 2023

Annual return

14.45%

-2.05 pp from 2023

Benchmarks

See 935 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants250-999

Cohort935 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$25.05M

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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.

383

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.

50.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.04M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+14.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$254

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

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
COMMONWEALTH FINANCIAL NETWORK6 years Service code 27 · EIN 04-2675571	Advisory (Plan)	$58,521
SHERIDAN ROAD ADVISORS LLC6 years Filed as: HUB INTERNATIONAL NEW ENGLAND Service code 13 · EIN 04-2623673	Contract Administrator	$16,265
STONEWALL KITCHEN LLC1 year Service code 99 2 STONEWALL LN · YORK, ME 03909	Other Fees	$13,520
LITMANGERSON ASSOCIATES, LLP1 year Filed as: LITMAN GERSON ASSOCIATES LLP Service code 10 500 W CUMMING PARK STE 5650 · WOBURN, MA 01801	Accounting	$4,680
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$4,275

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.

Opportunity flags

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$97K

$193 / participant

Other / not subdivided$97K100.0%

% of EOY assets

0.388%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CARON & BLETZER, PLLC
Auditor EIN: 043499945
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$65,415

$29,507+121.7%

$56,025+16.8%

$77,762-15.9%

Participation rate

50.6%

32.7%+17.9pp

52.5%-1.9pp

70.6%-20.0pp

Annual return

14.45%

18.90%-4.4pp

1712.69%-1698.2pp

31.27%-16.8pp

Employer contribution / active EE

$1,243

$570+118.2%

$1,042+19.4%

$2,728-54.4%

Participant deferral / active EE

$2,795

$1,062+163.3%

$1,955+43.0%

$4,651-39.9%

Admin fee / account holder

$254

$1,041-75.6%

$2,828-91.0%

$433-41.3%

Provider

Service type

Compensation

COMMONWEALTH FINANCIAL NETWORK6 years

Service code 27 · EIN 04-2675571

Advisory (Plan)

$58,521

SHERIDAN ROAD ADVISORS LLC6 years

Filed as: HUB INTERNATIONAL NEW ENGLAND

Service code 13 · EIN 04-2623673

Contract Administrator

$16,265

STONEWALL KITCHEN LLC1 year

Service code 99

2 STONEWALL LN · YORK, ME 03909

Other Fees

$13,520

LITMANGERSON ASSOCIATES, LLP1 year

Filed as: LITMAN GERSON ASSOCIATES LLP

Service code 10

500 W CUMMING PARK STE 5650 · WOBURN, MA 01801

Accounting

$4,680

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ANNUITY INS CO OF AMERICA

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$4,275

STONEWALL KITCHEN, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STONEWALL KITCHEN, LLC 401(K) PROFIT SHARING 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