Retirement plan

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

Name: MANDELL FOOD STORES, INC. - MAN-DELL FOOD STORES, INC. 401(K) PLAN (2023) Form 5500
Creator: MANDELL FOOD STORES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MAN-DELL FOOD STORES, INC. 401(K) PLAN, MANDELL FOOD STORES, INC.

MANDELL FOOD STORES, INC.EIN 11-1039960Plan #004PY 2023

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

Other plans on this EIN

1 filing

#003Retirement-$15.1M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.5M

+23.7% from 2022

Total participants

+20.0% from 2022

Average account balance

$92,429

+8.2% from 2022

Annual return

16.21%

+30.79 pp from 2022

Benchmarks

See 22,163 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort22,163 peers

Snapshot2023

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

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

$78K

$6527 / participant

Other / not subdivided$78K100.0%

% of EOY assets

5.296%

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

$92,429

$102,663-10.0%

$86,216+7.2%

$139,466-33.7%

Participation rate

83.3%

74.5%+8.8pp

69.0%+14.4pp

80.3%+3.0pp

Annual return

16.21%

1924.52%-1908.3pp

1169.42%-1153.2pp

373.66%-357.5pp

Employer contribution / active EE

$3,319

$3,035+9.4%

$2,382+39.4%

$4,754-30.2%

Participant deferral / active EE

$10,643

$4,677+127.5%

$3,986+167.0%

$6,712+58.6%

Admin fee / account holder

$4,895

$8,663-43.5%

$6,853-28.6%

$11,409-57.1%

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