Retirement plan

MAN-DELL FOOD STORES, INC. 401(K) PLAN

Name: MAN-DELL FOOD STORES, INC. - MAN-DELL FOOD STORES, INC. 401(K) PLAN (2017) Form 5500
Creator: MAN-DELL FOOD STORES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MAN-DELL FOOD STORES, INC. 401(K) PLAN, MAN-DELL FOOD STORES, INC.

MAN-DELL FOOD STORES, INC.EIN 11-1039960Plan #004PY 2017

241-10 HILLSIDE AVENUE - BELLROSE, NY 11426718-470-1930yelp.com/biz/mandell-food-stores-brooklynLinkedIn1-10 employeeshospitality

Other plans on this EIN

1 filing

#003Retirement-$14.7M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$1.4M

-3.1% from 2016

Total participants

-4.0% from 2016

Average account balance

$59,021

-3.1% from 2016

Annual return

4.45%

-11.58 pp from 2016

Benchmarks

See 18,212 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort18,212 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.44M

Not enough data

1 years with asset history on file

Average account balance

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

$90K

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.

114.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$183K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

-10.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4439

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 codes2F2G2J2E

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$288K

$12002 / participant

Other / not subdivided$288K100.0%

% of EOY assets

20.334%

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

$59,021

$99,652-40.8%

$78,778-25.1%

$147,586-60.0%

Participation rate

100.0%

76.2%+23.8pp

69.2%+30.8pp

82.8%+17.2pp

Annual return

4.45%

47.28%-42.8pp

35.62%-31.2pp

578.59%-574.1pp

Employer contribution / active EE

$1,946

$2,796-30.4%

$1,986-2.0%

$4,876-60.1%

Participant deferral / active EE

$5,456

$3,664+48.9%

$2,958+84.4%

$5,439+0.3%

Admin fee / account holder

$12,002

$7,155+67.7%

$5,134+133.8%

$10,886+10.3%

MAN-DELL FOOD STORES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MAN-DELL FOOD STORES, INC. 401(K) 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