Retirement plan

MUSCO FOOD CORPORATION SAFE HARBOR 401(K) PLAN

Name: MUSCO FOOD CORPORATION - MUSCO FOOD CORPORATION SAFE HARBOR 401(K) PLAN (2016) 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 2016

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

Other plans on this EIN

2 filings

#002Retirement-$4.3M assets #003Retirement-$278K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.3M

+13.1% from 2015

Total participants

+2.8% from 2015

Average account balance

$49,673

+8.0% from 2015

Annual return

6.86%

+9.78 pp from 2015

Benchmarks

See 2,826 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants25-99

Cohort2,826 peers

Snapshot2016

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 codes2E2F2H2J

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.

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

$66K

$1299 / participant

Other / not subdivided$66K100.0%

% of EOY assets

2.021%

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

$49,673

$32,037+55.0%

$69,182-28.2%

$62,881-21.0%

Participation rate

84.3%

43.4%+40.9pp

55.1%+29.2pp

69.3%+15.0pp

Annual return

6.86%

15.16%-8.3pp

-21.93%+28.8pp

20.14%-13.3pp

Employer contribution / active EE

$1,460

$679+115.0%

$1,206+21.0%

$2,281-36.0%

Participant deferral / active EE

$3,312

$1,185+179.4%

$1,897+74.6%

$3,203+3.4%

Admin fee / account holder

$1,004

$2,608-61.5%

$2,697-62.8%

$4,296-76.6%

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