Retirement plan

COLONIAL WHOLESALE BEVERAGE CORPORATION 401(K) PROFIT SHARING PLAN

Name: COLONIAL WHOLESALE BEVERAGE CORPORATION - COLONIAL WHOLESALE BEVERAGE CORPORATION 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: COLONIAL WHOLESALE BEVERAGE CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COLONIAL WHOLESALE BEVERAGE CORPORATION 401(K) PROFIT SHARING PLAN, COLONIAL WHOLESALE BEVERAGE CORPORATION

COLONIAL WHOLESALE BEVERAGE CORPORATIONEIN 04-1195925Plan #003PY 2020

970 OLD REED ROAD - NO. DARMOUTH, MA 027471532508-999-2337colonialbeverage.comLinkedIn11-50 employeesfood & beverages

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$15.1M

+17.5% from 2019

Total participants

-7.1% from 2019

Average account balance

$244,066

+6.1% from 2019

Annual return

17.93%

-1.85 pp from 2019

Benchmarks

See 9,300 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,300 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.70M

Not enough data

1 years with asset history on file

Average account balance

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

$284K

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.

90.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$618K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+12.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$24186

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$608K

$9969 / participant

Other / not subdivided$608K100.0%

% of EOY assets

4.019%

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

$244,066

$65,034+275.3%

$90,970+168.3%

$79,856+205.6%

Participation rate

95.1%

61.6%+33.5pp

69.0%+26.1pp

69.6%+25.4pp

Annual return

17.93%

30.45%-12.5pp

134.60%-116.7pp

31.71%-13.8pp

Employer contribution / active EE

$2,373

$1,247+90.2%

$2,122+11.8%

$2,471-4.0%

Participant deferral / active EE

$6,625

$2,512+163.7%

$3,373+96.4%

$3,741+77.1%

Admin fee / account holder

$9,808

$4,536+116.2%

$5,961+64.5%

$5,306+84.8%

COLONIAL WHOLESALE BEVERAGE CORPORATION 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COLONIAL WHOLESALE BEVERAGE CORPORATION 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