Retirement plan

STONEWALL KITCHEN, LLC 401(K) PROFIT SHARING PLAN

Name: STONEWALL KITCHEN - STONEWALL KITCHEN, LLC 401(K) PROFIT SHARING PLAN (2023) 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 2023

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

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$21.9M

+12.2% from 2022

Total participants

619

+1.6% from 2022

Average account balance

$58,515

+5.4% from 2022

Annual return

16.50%

+24.81 pp from 2022

Benchmarks

See 911 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants250-999

Cohort911 peers

Snapshot2023

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 NETWORK5 years Service code 27 · EIN 04-2675571	Advisory (Plan)	$49,676
SHERIDAN ROAD ADVISORS LLC5 years Filed as: HUB INTERNATIONAL NEW ENGLAND Service code 17 · EIN 04-2623673	Pension Consulting	$15,041
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$3,579

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

$1K

$2 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.006%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$58,515

$26,114+124.1%

$58,5440%

$74,440-21.4%

Participation rate

52.1%

32.1%+19.9pp

50.9%+1.2pp

70.7%-18.7pp

Annual return

16.50%

32.51%-16.0pp

4249.56%-4233.1pp

34.37%-17.9pp

Employer contribution / active EE

$1,224

$536+128.5%

$1,053+16.2%

$2,638-53.6%

Participant deferral / active EE

$2,773

$1,075+158.0%

$1,923+44.2%

$4,529-38.8%

Admin fee / account holder

$649-99.5%

$2,520-99.9%

$348-99.0%

Provider

Service type

Compensation

COMMONWEALTH FINANCIAL NETWORK5 years

Service code 27 · EIN 04-2675571

Advisory (Plan)

$49,676

SHERIDAN ROAD ADVISORS LLC5 years

Filed as: HUB INTERNATIONAL NEW ENGLAND

Service code 17 · EIN 04-2623673

Pension Consulting

$15,041

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INS CO OF AMERICA

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$3,579

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