Retirement plan

G & G SEAFOOD, INC. DBA UNIVESAL SEAFOOD 401(K) PLAN

Name: G & G SEAFOOD, INC. DBA UNIVERSAL SEAFOOD - G & G SEAFOOD, INC. DBA UNIVESAL SEAFOOD 401(K) PLAN (2016) Form 5500
Creator: G & G SEAFOOD, INC. DBA UNIVERSAL SEAFOOD
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, G & G SEAFOOD, INC. DBA UNIVESAL SEAFOOD 401(K) PLAN, G & G SEAFOOD, INC. DBA UNIVERSAL SEAFOOD

G & G SEAFOOD, INC. DBA UNIVERSAL SEAFOODEIN 13-3869231Plan #001PY 2016

800 FOOD CENTER DRIVE, UNIT 125 - BRONX, NY 10474212-267-4600

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$986K

No prior year

Total participants

No prior year

Average account balance

$65,719

No prior year

Annual return

5.61%

No prior year

Benchmarks

See 6,180 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants<25

Cohort6,180 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.65M

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.

122.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$103K

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

+16.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3013

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 codes2E2J3D2F

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).
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.

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

$65,719

$103,957-36.8%

$69,182-5.0%

$273,968-76.0%

Participation rate

100.0%

67.4%+32.6pp

55.1%+44.9pp

83.0%+17.0pp

Annual return

5.61%

35.28%-29.7pp

-21.94%+27.5pp

41.45%-35.8pp

Employer contribution / active EE

$3,692

$1,781+107.3%

$1,205+206.3%

$4,869-24.2%

Participant deferral / active EE

$10,878

$2,716+300.6%

$1,896+473.6%

$5,287+105.7%

Admin fee / account holder

$3,671-100.0%

$2,697-100.0%

$10,132-100.0%

G & G SEAFOOD, INC. DBA UNIVESAL SEAFOOD 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

G & G SEAFOOD, INC. DBA UNIVESAL SEAFOOD 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion