Retirement plan

ELITE FOOD SERVICE EQUIPMENT CO. INC. 401(K) PROFIT SHARING PLAN & TRUST

Name: ELITE FOOD SERVICE EQUIPMENT CO. INC. - ELITE FOOD SERVICE EQUIPMENT CO. INC. 401(K) PROFIT SHARING PLAN & TRUST (2017) Form 5500
Creator: ELITE FOOD SERVICE EQUIPMENT CO. INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ELITE FOOD SERVICE EQUIPMENT CO. INC. 401(K) PROFIT SHARING PLAN & TRUST, ELITE FOOD SERVICE EQUIPMENT CO. INC.

ELITE FOOD SERVICE EQUIPMENT CO. INC.EIN 11-3183405Plan #001PY 2017

1865 NEW HIGHWAY, SUITE 2 - FARMINGDALE, NY 11735631-420-9400

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$2M

+39.4% from 2016

Total participants

+25.7% from 2016

Average account balance

$63,403

+0.2% from 2016

Annual return

25.21%

+19.10 pp from 2016

Benchmarks

See 2,040 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort2,040 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.00M

Not enough data

1 years with asset history on file

Average account balance

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

$150K

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.

95.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$455K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+11.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2231

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 codes2E2J2F2G3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$4K

$98 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.207%

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

$63,403

$56,110+13.0%

$94,993-33.3%

$70,126-9.6%

Participation rate

72.1%

65.0%+7.1pp

73.9%-1.8pp

69.5%+2.6pp

Annual return

25.21%

51.02%-25.8pp

27.14%-1.9pp

73.15%-47.9pp

Employer contribution / active EE

$1,442-100.0%

$2,603-100.0%

$2,343-100.0%

Participant deferral / active EE

$4,888

$2,391+104.4%

$3,317+47.4%

$3,332+46.7%

Admin fee / account holder

$131

$3,456-96.2%

$4,960-97.3%

$4,645-97.2%

ELITE FOOD SERVICE EQUIPMENT CO. INC. 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ELITE FOOD SERVICE EQUIPMENT CO. INC. 401(K) PROFIT SHARING PLAN & TRUST

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