Retirement plan

MUSCO FOOD CORPORATION SAFE HARBOR 401(K) PLAN

Name: MUSCO FOOD CORPORATION - MUSCO FOOD CORPORATION SAFE HARBOR 401(K) PLAN (2024) Form 5500
Creator: MUSCO FOOD CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MUSCO FOOD CORPORATION SAFE HARBOR 401(K) PLAN, MUSCO FOOD CORPORATION

MUSCO FOOD CORPORATIONEIN 13-2839270Plan #001PY 2024

57-01 49TH PLACE - MASPETH, NY 11378718-326-1070muscofood.comLinkedIn51-200 employeeswholesale

Other plans on this EIN

2 filings

#002Retirement-$77K assets #003Retirement-$918 assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$10.2M

+83.8% from 2023

Total participants

126

+15.6% from 2023

Average account balance

$81,260

+59.0% from 2023

Annual return

76.49%

+65.22 pp from 2023

Benchmarks

See 6,889 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants25-99

Cohort6,889 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.24M

Not enough data

1 years with asset history on file

Average account balance

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

$81K

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.

126

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.

161.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$493K

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

+76.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$785

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 codes2E2F2H2J3D

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.
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

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

$99K

$1268 / participant

Other / not subdivided$99K100.0%

% of EOY assets

0.966%

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

$81,260

$29,667+173.9%

$56,441+44.0%

$80,874+0.5%

Participation rate

100.0%

41.7%+58.3pp

52.5%+47.5pp

67.6%+32.4pp

Annual return

76.49%

35.22%+41.3pp

1704.21%-1627.7pp

35.62%+40.9pp

Employer contribution / active EE

$2,564

$669+283.1%

$1,039+146.8%

$2,756-6.9%

Participant deferral / active EE

$3,757

$1,227+206.3%

$1,953+92.4%

$4,297-12.6%

Admin fee / account holder

$785

$2,429-67.7%

$2,829-72.3%

$6,935-88.7%

MUSCO FOOD CORPORATION SAFE HARBOR 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MUSCO FOOD CORPORATION SAFE HARBOR 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