Retirement plan

STONEFIRE GRILL RESTAURANT MANAGEMENT, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN

Name: STONEFIRE GRILL RESTAURANT MANAGEMENT, INC. - STONEFIRE GRILL RESTAURANT MANAGEMENT, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN (2023) Form 5500
Creator: STONEFIRE GRILL RESTAURANT MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STONEFIRE GRILL RESTAURANT MANAGEMENT, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN, STONEFIRE GRILL RESTAURANT MANAGEMENT, INC.

STONEFIRE GRILL RESTAURANT MANAGEMENT, INC.EIN 02-0661831Plan #002PY 2023

30401 AGOURA ROAD, SUITE 130 - AGOURA HILLS, CA 91301818-991-4054LinkedIn51-200 employeesrestaurants

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$852K

+30.2% from 2022

Total participants

154

+6.9% from 2022

Average account balance

$27,474

+17.6% from 2022

Annual return

24.49%

+43.49 pp from 2022

Benchmarks

See 1,291 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort1,291 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$804K

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

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.

25.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$87K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$735

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

+10.51%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7468

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$3K

$24 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.386%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,474

$27,800-1.2%

$58,561-53.1%

$71,511-61.6%

Participation rate

10.2%

34.6%-24.4pp

50.9%-40.7pp

67.9%-57.7pp

Annual return

24.49%

26.80%-2.3pp

4251.33%-4226.8pp

28.86%-4.4pp

Employer contribution / active EE

$632-100.0%

$1,053-100.0%

$2,589-100.0%

Participant deferral / active EE

$292

$1,208-75.8%

$1,923-84.8%

$4,291-93.2%

Admin fee / account holder

$106

$1,637-93.5%

$2,520-95.8%

$1,588-93.3%

STONEFIRE GRILL RESTAURANT MANAGEMENT, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STONEFIRE GRILL RESTAURANT MANAGEMENT, INC. PROFIT SHARING AND RETIREMENT SAVINGS 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