Retirement plan

STONEWALL KITCHEN, LLC 401(K) PROFIT SHARING PLAN

Name: STONEWALL KITCHEN - STONEWALL KITCHEN, LLC 401(K) PROFIT SHARING PLAN (2020) 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 2020

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

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$18.2M

+30.8% from 2019

Total participants

474

+48.6% from 2019

Average account balance

$63,995

+3.3% from 2019

Annual return

34.12%

+9.69 pp from 2019

Benchmarks

See 690 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants250-999

Cohort690 peers

Snapshot2020

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 NETWORK2 years Service code 27 · EIN 04-2675571	Advisory (Plan)	$41,685
MASSACHUSETTS MUTUAL LIFE INS. CO.6+ years Filed as: MASS MUTUAL LIFE INURANCE CO Service code 52 · EIN 04-1590850	Indirect Investment Fees	$18,560
SHERIDAN ROAD ADVISORS LLC2 years Filed as: HUB INTERNATIONAL NEW ENGLAND Service code 64 · EIN 04-2623673	Recordkeeping Fees	$10,795

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

$22K

$58 / participant

Investment mgmt$22K100.0%

% of EOY assets

0.123%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: LITMANGERSON ASSOCIATES, LLP
Auditor EIN: 042694095
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$63,995

$29,369+117.9%

$77,513-17.4%

$73,412-12.8%

Participation rate

51.3%

37.9%+13.3pp

54.2%-2.9pp

72.2%-20.9pp

Annual return

34.12%

358.15%-324.0pp

54.81%-20.7pp

59.30%-25.2pp

Employer contribution / active EE

$1,079

$406+165.9%

$987+9.4%

$2,234-51.7%

Participant deferral / active EE

$2,346

$941+149.4%

$1,861+26.1%

$3,806-38.4%

Admin fee / account holder

$79

$123-35.8%

$2,859-97.2%

$158-50.1%

Provider

Service type

Compensation

COMMONWEALTH FINANCIAL NETWORK2 years

Service code 27 · EIN 04-2675571

Advisory (Plan)

$41,685

MASSACHUSETTS MUTUAL LIFE INS. CO.6+ years

Filed as: MASS MUTUAL LIFE INURANCE CO

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$18,560

SHERIDAN ROAD ADVISORS LLC2 years

Filed as: HUB INTERNATIONAL NEW ENGLAND

Service code 64 · EIN 04-2623673

Recordkeeping Fees

$10,795

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