Retirement plan

STONEWALL KITCHEN, LLC 401(K) PROFIT SHARING PLAN

Name: STONEWALL KITCHEN - STONEWALL KITCHEN, LLC 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: STONEWALL KITCHEN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STONEWALL KITCHEN, LLC 401(K) PROFIT SHARING PLAN, STONEWALL KITCHEN

STONEWALL KITCHENEIN 01-0544070Plan #001PY 2018

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

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$10.8M

-1.9% from 2017

Total participants

368

+5.1% from 2017

Average account balance

$49,298

-5.9% from 2017

Annual return

-5.77%

-24.22 pp from 2017

Benchmarks

See 746 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants250-999

Cohort746 peers

Snapshot2018

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 8 by compensation

Provider	Service type	Compensation
CES INS AGENCY INC4+ years Filed as: CES INS AGENCY Service code 53 · EIN 04-2865307	Insurance Commissions	$0
CES INS AGENCY INC4+ years Service code 53	Insurance Commissions	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years Filed as: MASS MUTUAL LIFE INURANCE CO Service code 52 · EIN 04-1590850	Indirect Investment Fees	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.3 years Filed as: MASSACHUSETTS MUTAL LIFE INS CO Service code 60	Sub-TA Fees	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 60	Sub-TA Fees	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.3 years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 60	Sub-TA Fees	$0
NORTON ROSE FULBRIGHT4+ years Filed as: NORTON FINANCIAL SERVICES Service code 13 · EIN 01-0432800	Contract Administrator	$0
NORTON ROSE FULBRIGHT4+ years Filed as: NORTON FINANCIAL SERVICES, INC. Service code 13	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

$12K

$39 / participant

Other / not subdivided$12K100.0%

% of EOY assets

0.115%

all-in expense ratio

Categories reported

0 / 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: LITMANGERSON ASSOCIATES, LLP
Auditor EIN: 042694095
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$49,298

$23,224+112.3%

$71,086-30.6%

$55,725-11.5%

Participation rate

53.6%

37.9%+15.7pp

54.7%-1.0pp

70.9%-17.2pp

Annual return

-5.77%

-2.87%-2.9pp

650.59%-656.4pp

244.93%-250.7pp

Employer contribution / active EE

$1,041

$436+138.7%

$1,088-4.3%

$2,078-49.9%

Participant deferral / active EE

$2,254

$929+142.7%

$1,874+20.3%

$3,356-32.8%

Admin fee / account holder

$57

$118-52.0%

$3,082-98.2%

$115-50.9%

Provider

Service type

Compensation

CES INS AGENCY INC4+ years

Filed as: CES INS AGENCY

Service code 53 · EIN 04-2865307

Insurance Commissions

CES INS AGENCY INC4+ years

Service code 53

Insurance Commissions

MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years

Filed as: MASS MUTUAL LIFE INURANCE CO

Service code 52 · EIN 04-1590850

Indirect Investment Fees

MASSACHUSETTS MUTUAL LIFE INS. CO.3 years

Filed as: MASSACHUSETTS MUTAL LIFE INS CO

Service code 60

Sub-TA Fees

MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INS CO

Service code 60

Sub-TA Fees

MASSACHUSETTS MUTUAL LIFE INS. CO.3 years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 60

Sub-TA Fees

NORTON ROSE FULBRIGHT4+ years

Filed as: NORTON FINANCIAL SERVICES

Service code 13 · EIN 01-0432800

Contract Administrator

NORTON ROSE FULBRIGHT4+ years

Filed as: NORTON FINANCIAL SERVICES, INC.

Service code 13

Contract Administrator

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