Retirement plan

STONEWALL KITCHEN, LLC 401(K) PROFIT SHARING PLAN

Name: STONEWALL KITCHEN - STONEWALL KITCHEN, LLC 401(K) PROFIT SHARING PLAN (2019) 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 2019

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

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$13.9M

+28.5% from 2018

Total participants

319

-13.3% from 2018

Average account balance

$61,962

+25.7% from 2018

Annual return

24.43%

+30.20 pp from 2018

Benchmarks

See 794 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants250-999

Cohort794 peers

Snapshot2019

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 3 by compensation

Provider	Service type	Compensation
COMMONWEALTH FINANCIAL NETWORK1 year Service code 27 · EIN 04-2675571	Advisory (Plan)	$36,297
MASSACHUSETTS MUTUAL LIFE INS. CO.5+ years Filed as: MASS MUTUAL LIFE INURANCE CO Service code 52 · EIN 04-1590850	Indirect Investment Fees	$16,451
SHERIDAN ROAD ADVISORS LLC1 year Filed as: HUB INTERNATIONAL NEW ENGLAND Service code 64 · EIN 04-2623673	Recordkeeping Fees	$7,049

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

$18K

$66 / participant

Investment mgmt$8K43.3%
Contract admin$3K16.5%
Other / not subdivided$7K40.3%

% of EOY assets

0.126%

all-in expense ratio

Categories reported

2 / 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

$61,962

$25,302+144.9%

$74,722-17.1%

$67,579-8.3%

Participation rate

64.4%

37.8%+26.5pp

54.5%+9.9pp

71.3%-6.9pp

Annual return

24.43%

10291.17%-10266.7pp

753.11%-728.7pp

378.56%-354.1pp

Employer contribution / active EE

$1,300

$446+191.3%

$1,084+19.9%

$2,148-39.5%

Participant deferral / active EE

$2,684

$954+181.4%

$1,963+36.7%

$3,539-24.2%

Admin fee / account holder

$78

$108-27.7%

$3,335-97.7%

$142-45.3%

Provider

Service type

Compensation

COMMONWEALTH FINANCIAL NETWORK1 year

Service code 27 · EIN 04-2675571

Advisory (Plan)

$36,297

MASSACHUSETTS MUTUAL LIFE INS. CO.5+ years

Filed as: MASS MUTUAL LIFE INURANCE CO

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$16,451

SHERIDAN ROAD ADVISORS LLC1 year

Filed as: HUB INTERNATIONAL NEW ENGLAND

Service code 64 · EIN 04-2623673

Recordkeeping Fees

$7,049

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