Retirement plan

TASTE, INC. RETIREMENT PLAN

Name: TASTE, INC. DBA TASTINGS CATERERS - TASTE, INC. RETIREMENT PLAN (2024) Form 5500
Creator: TASTE, INC. DBA TASTINGS CATERERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TASTE, INC. RETIREMENT PLAN, TASTE, INC. DBA TASTINGS CATERERS

TASTE, INC. DBA TASTINGS CATERERSEIN 04-3052487Plan #001PY 2024

5 CRESTWOOD DRIVE - FRAMINGHAM, MA 01701508-879-9191

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.3M

+13.5% from 2023

Total participants

0.0% from 2023

Average account balance

$165,578

+13.5% from 2023

Annual return

9.54%

-2.10 pp from 2023

Benchmarks

See 14,005 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants<25

Cohort14,005 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.32M

Not enough data

1 years with asset history on file

Average account balance

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

$166K

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.

233.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$167K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$28K

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

+9.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6067

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

$85K

$14157 / participant

Other / not subdivided$85K100.0%

% of EOY assets

3.664%

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

$165,578

$76,519+116.4%

$56,025+195.5%

$145,897+13.5%

Participation rate

100.0%

63.2%+36.8pp

52.5%+47.5pp

80.3%+19.7pp

Annual return

9.54%

3017.03%-3007.5pp

1712.69%-1703.1pp

552.29%-542.7pp

Employer contribution / active EE

$3,258

$1,383+135.5%

$1,042+212.8%

$4,663-30.1%

Participant deferral / active EE

$24,516

$2,624+834.1%

$1,955+1154.3%

$6,689+266.5%

Admin fee / account holder

$6,067

$3,331+82.2%

$2,828+114.5%

$13,390-54.7%

TASTE, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TASTE, INC. RETIREMENT 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