Retirement plan

DECLERCK ENTERPRISES 401K PROFIT SHARING PLAN & TRUST

Name: STEVE DECLERCK ENTERPRISES, INC. - DECLERCK ENTERPRISES 401K PROFIT SHARING PLAN & TRUST (2016) Form 5500
Creator: STEVE DECLERCK ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DECLERCK ENTERPRISES 401K PROFIT SHARING PLAN & TRUST, STEVE DECLERCK ENTERPRISES, INC.

STEVE DECLERCK ENTERPRISES, INC.EIN 20-1066773Plan #001PY 2016

303 N OREGON ST - YREKA, CA 960972413530-842-4827LinkedIn51-200 employeesrestaurants

Prospect flagsHigh cashLow fidelity bond

How to read this page

Total assets (EOY)

$2.4M

+16.1% from 2015

Total participants

104

-2.8% from 2015

Average account balance

$23,361

+19.4% from 2015

Annual return

11.69%

+13.20 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

$2.08M

Not enough data

1 years with asset history on file

Average account balance

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

$17K

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.

123

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

$275K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+10.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$234

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
SISKIYOU WEALTH MANAGEMENT2+ years Service code 27 29 SAWYER ROAD · WALTHAM, MA 02453	Advisory (Plan)	$16,510
NORRIS & PETERSON1 year Service code 10 · EIN 27-2832937 993 SISKIYOU BLVD #4 · ASHLAND, OR 97520	Accounting	$8,300

Plan features & details

Pension benefit codes2A2E2J2K3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

2 tripped

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$29K

$397 / participant

Investment mgmt$17K56.3%
Other / not subdivided$13K43.7%

% of EOY assets

1.220%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: NORRIS & PETERSON, LLC
Auditor EIN: 272832937
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,361

$32,037-27.1%

$69,182-66.2%

$62,881-62.8%

Participation rate

98.6%

43.4%+55.2pp

55.1%+43.5pp

69.3%+29.3pp

Annual return

11.69%

15.16%-3.5pp

-21.93%+33.6pp

20.14%-8.5pp

Employer contribution / active EE

$1,863

$679+174.3%

$1,206+54.4%

$2,281-18.3%

Participant deferral / active EE

$1,185-100.0%

$1,897-100.0%

$3,203-100.0%

Admin fee / account holder

$285

$2,608-89.1%

$2,697-89.4%

$4,296-93.4%

Provider

Service type

Compensation

SISKIYOU WEALTH MANAGEMENT2+ years

Service code 27

29 SAWYER ROAD · WALTHAM, MA 02453

Advisory (Plan)

$16,510

NORRIS & PETERSON1 year

Service code 10 · EIN 27-2832937

993 SISKIYOU BLVD #4 · ASHLAND, OR 97520

Accounting

$8,300

DECLERCK ENTERPRISES 401K PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DECLERCK ENTERPRISES 401K PROFIT SHARING PLAN & TRUST

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