Retirement plan

GRAND CENTRAL OYSTER BAR, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: GRAND CENTRAL OYSTER BAR, INC. - GRAND CENTRAL OYSTER BAR, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2018) Form 5500
Creator: GRAND CENTRAL OYSTER BAR, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GRAND CENTRAL OYSTER BAR, INC. EMPLOYEE STOCK OWNERSHIP PLAN, GRAND CENTRAL OYSTER BAR, INC.

GRAND CENTRAL OYSTER BAR, INC.EIN 13-4010658Plan #001PY 2018

GRAND CENTRAL TERMINAL, LOWER LEVEL - NEW YORK, NY 10017212-490-6650oysterbarny.comLinkedIn11-50 employeesrestaurants

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$7.4M

+15.3% from 2017

Total participants

+4.5% from 2017

Average account balance

$321,435

+10.3% from 2017

Annual return

20.29%

+10.66 pp from 2017

Benchmarks

See 7,241 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants<25

Cohort7,241 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.60M

Not enough data

1 years with asset history on file

Average account balance

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

$255K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$280K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+14.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12429

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 codes2I2P3I

Plan features

2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$620K

$41349 / participant

Other / not subdivided$620K100.0%

% of EOY assets

8.389%

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

$321,435

$104,116+208.7%

$71,089+352.2%

$135,380+137.4%

Participation rate

100.0%

65.7%+34.3pp

54.6%+45.4pp

82.6%+17.4pp

Annual return

20.29%

1256.51%-1236.2pp

650.65%-630.4pp

519.81%-499.5pp

Employer contribution / active EE

$19,933

$1,485+1242.4%

$1,088+1732.6%

$4,779+317.1%

Participant deferral / active EE

$2,524-100.0%

$1,873-100.0%

$5,609-100.0%

Admin fee / account holder

$26,967

$4,142+551.1%

$3,082+774.9%

$10,828+149.0%

GRAND CENTRAL OYSTER BAR, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GRAND CENTRAL OYSTER BAR, INC. EMPLOYEE STOCK OWNERSHIP 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