Retirement plan

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

Name: MANDELL FOOD STORES, INC. - MAN-DELL FOOD STORES, INC. 401(K) PLAN (2024) 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 2024

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 flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$1.4M

-2.6% from 2023

Total participants

0.0% from 2023

Average account balance

$90,069

-2.6% from 2023

Annual return

-10.15%

-26.36 pp from 2023

Benchmarks

See 22,321 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort22,321 peers

Snapshot2024

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

$71K

$5073 / participant

Other / not subdivided$71K100.0%

% of EOY assets

4.928%

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

$90,069

$111,785-19.4%

$93,669-3.8%

$145,877-38.3%

Participation rate

85.7%

74.2%+11.5pp

68.7%+17.0pp

80.3%+5.4pp

Annual return

-10.15%

203.79%-213.9pp

133.59%-143.7pp

551.28%-561.4pp

Employer contribution / active EE

$3,105

$3,096+0.3%

$2,424+28.1%

$4,663-33.4%

Participant deferral / active EE

$9,983

$4,919+103.0%

$4,416+126.1%

$6,691+49.2%

Admin fee / account holder

$4,439

$10,256-56.7%

$8,291-46.5%

$13,402-66.9%

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