Retirement plan

BIG Y FOODS, INC. 401(K) RETIREMENT SAVINGS PLAN

Name: BIG Y FOODS INC. - BIG Y FOODS, INC. 401(K) RETIREMENT SAVINGS PLAN (2017) Form 5500
Creator: BIG Y FOODS INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BIG Y FOODS, INC. 401(K) RETIREMENT SAVINGS PLAN, BIG Y FOODS INC.

BIG Y FOODS INC.EIN 04-2052307Plan #001PY 2017

PO BOX 7840 - SPRINGFIELD, MA 01102413-504-4066

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed October 29, 1998

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$358.7M

-10.9% from 2016

Total participants

9,690

-7.7% from 2016

Average account balance

$45,564

-6.1% from 2016

Annual return

14.91%

-8.52 pp from 2016

Benchmarks

See 48 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants5,000-9,999

Cohort48 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$573.82M

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.

8,821

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.

68.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$39.67M

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

+11.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$74

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL3+ years Service code 37 · EIN 04-2647786	Loan Processing	$603,668
AFS ADVISORS, LLC3+ years Service code 27 · EIN 27-4398433	Advisory (Plan)	$40,000
MOODY FAMIGLIETTI & ANDRONICO LLP2 years Filed as: MOODY, FAMIGLIETTI & ANDRONICO Service code 10 · EIN 04-3077056	Accounting	$15,104
STRATEGIC ADVISORS, INC.1 year Service code 27 · EIN 04-2654524	Advisory (Plan)	$9,210

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$669K

$78 / participant

Investment mgmt$9K1.4%
Other / not subdivided$660K98.6%

% of EOY assets

0.187%

all-in expense ratio

Categories reported

1 / 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: MOODY,FAMIGLIETTI,AND ANDRONICO,LLP
Auditor EIN: 043077056
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,564

$37,026+23.1%

$78,775-42.2%

$177,276-74.3%

Participation rate

78.7%

54.2%+24.5pp

69.2%+9.5pp

74.8%+3.9pp

Annual return

14.91%

16.20%-1.3pp

35.62%-20.7pp

21.25%-6.3pp

Employer contribution / active EE

$1,297

$730+77.6%

$1,986-34.7%

$2,479-47.7%

Participant deferral / active EE

$2,096

$1,412+48.5%

$2,958-29.1%

$3,881-46.0%

Admin fee / account holder

$85

$77+11.2%

$5,132-98.3%

$154-44.8%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL3+ years

Service code 37 · EIN 04-2647786

Loan Processing

$603,668

AFS ADVISORS, LLC3+ years

Service code 27 · EIN 27-4398433

Advisory (Plan)

$40,000

MOODY FAMIGLIETTI & ANDRONICO LLP2 years

Filed as: MOODY, FAMIGLIETTI & ANDRONICO

Service code 10 · EIN 04-3077056

Accounting

$15,104

STRATEGIC ADVISORS, INC.1 year

Service code 27 · EIN 04-2654524

Advisory (Plan)

$9,210

BIG Y FOODS, INC. 401(K) RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BIG Y FOODS, INC. 401(K) RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

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