Retirement plan

EMPLOYEE BENEFIT PLAN OF FOOD FIRST, INC FOOD FIRST, INC

Name: FOOD FIRST, INC. - EMPLOYEE BENEFIT PLAN OF FOOD FIRST, INC FOOD FIRST, INC (2017) Form 5500
Creator: FOOD FIRST, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF FOOD FIRST, INC FOOD FIRST, INC, FOOD FIRST, INC.

FOOD FIRST, INC.EIN 13-3635059Plan #003PY 2017

165 CONOVER ST - BROOKLYN, NY 11231718-624-1950

Prospect flagsLow returnsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$397K

+8.4% from 2016

Total participants

-12.5% from 2016

Average account balance

$18,882

+23.9% from 2016

Annual return

1.41%

+0.56 pp from 2016

Benchmarks

See 14,494 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort14,494 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$237K

Not enough data

1 years with asset history on file

Average account balance

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

$16K

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.

375.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+3.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$120

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 codes2E3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

3 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.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$12K

$1988 / participant

Other / not subdivided$12K100.0%

% of EOY assets

3.007%

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

$18,882

$232,540-91.9%

$185,117-89.8%

$147,586-87.2%

Participation rate

100.0%

82.4%+17.6pp

77.3%+22.7pp

82.8%+17.2pp

Annual return

1.41%

43.03%-41.6pp

40.50%-39.1pp

578.59%-577.2pp

Employer contribution / active EE

$2,789

$5,195-46.3%

$4,182-33.3%

$4,876-42.8%

Participant deferral / active EE

$3,400

$5,834-41.7%

$5,045-32.6%

$5,439-37.5%

Admin fee / account holder

$568

$10,275-94.5%

$8,159-93.0%

$10,886-94.8%

EMPLOYEE BENEFIT PLAN OF FOOD FIRST, INC FOOD FIRST, INC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF FOOD FIRST, INC FOOD FIRST, INC

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