Retirement plan

MANFREDI OF GREENWICH LTD. PROFIT SHARING PLAN II

Name: MANFREDI OF GREENWICH LTD. - MANFREDI OF GREENWICH LTD. PROFIT SHARING PLAN II (2019) Form 5500
Creator: MANFREDI OF GREENWICH LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MANFREDI OF GREENWICH LTD. PROFIT SHARING PLAN II, MANFREDI OF GREENWICH LTD.

MANFREDI OF GREENWICH LTD.EIN 06-1249202Plan #003PY 2019

121 GREENWICH AVENUE - GREENWICH, CT 06830203-622-1414LinkedIn1-10 employeesretail

Other plans on this EIN

2 filings

#001Retirement-$1.8M assets #002Retirement-$151K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$583K

+51.9% from 2018

Total participants

+7.7% from 2018

Average account balance

$48,551

+64.6% from 2018

Annual return

37.25%

+44.26 pp from 2018

Benchmarks

See 7,787 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort7,787 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.09M

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

143.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$91K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+9.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$877

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 codes2E2F2H2J

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.

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

$5K

$322 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.773%

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

$48,551

$117,444-58.7%

$99,479-51.2%

$152,909-68.2%

Participation rate

85.7%

77.5%+8.2pp

73.8%+11.9pp

82.5%+3.3pp

Annual return

37.25%

31.87%+5.4pp

30.72%+6.5pp

345.46%-308.2pp

Employer contribution / active EE

$1,322

$3,014-56.1%

$2,540-48.0%

$4,764-72.3%

Participant deferral / active EE

$2,703

$4,086-33.9%

$3,619-25.3%

$5,851-53.8%

Admin fee / account holder

$375

$7,635-95.1%

$6,253-94.0%

$11,601-96.8%

MANFREDI OF GREENWICH LTD. PROFIT SHARING PLAN II

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MANFREDI OF GREENWICH LTD. PROFIT SHARING PLAN II

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