Retirement plan

ELITE CUISINE, LLC 401(K) PROFIT SHARING PLAN

Name: ELITE CUISINE, LLC - ELITE CUISINE, LLC 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: ELITE CUISINE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ELITE CUISINE, LLC 401(K) PROFIT SHARING PLAN, ELITE CUISINE, LLC

ELITE CUISINE, LLCEIN 20-1713684Plan #002PY 2022

314 MARSHALL ROAD - VALLEY PARK, MO 63088636-861-8499LinkedIn51-200 employeesrestaurants

Other plans on this EIN

1 filing

#003Retirement-$1.3M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$4M

-21.8% from 2021

Total participants

145

+6.6% from 2021

Average account balance

$30,641

-18.2% from 2021

Annual return

-22.79%

-34.74 pp from 2021

Benchmarks

See 4,972 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants25-99

Cohort4,972 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+6.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

Top 2 by compensation

Provider	Service type	Compensation
STIFEL NICOLAUS & CO INC4 years Filed as: STIFEL, NICOLAUS & CO, INC. Service code 26 501 N BROADWAY · ST. LOUIS, MO 63102	Advisory (Participants)	$20,673
JOHN HANCOCK LIFE INSURANCE COMPANY4 years Filed as: JOHN HANCOCK USA Service code 15 · EIN 01-0233346	Recordkeeping	$338

Plan features & details

Pension benefit codes2A2E2F2G2J3B3D

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.
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).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all 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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$38K

$559 / participant

Investment mgmt$21K54.4%
Contract admin$17K43.4%
Other / not subdivided$8502.2%

% of EOY assets

0.955%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,641

$27,639+10.9%

$61,501-50.2%

$68,490-55.3%

Participation rate

77.9%

39.5%+38.4pp

52.6%+25.4pp

67.9%+10.0pp

Annual return

-22.79%

-13.19%-9.6pp

339.04%-361.8pp

-7.85%-14.9pp

Employer contribution / active EE

$1,889

$696+171.5%

$1,160+62.9%

$2,597-27.2%

Participant deferral / active EE

$1,691

$1,264+33.8%

$2,125-20.4%

$4,028-58.0%

Admin fee / account holder

$293

$2,012-85.5%

$2,132-86.3%

$5,403-94.6%

Provider

Service type

Compensation

STIFEL NICOLAUS & CO INC4 years

Filed as: STIFEL, NICOLAUS & CO, INC.

Service code 26

501 N BROADWAY · ST. LOUIS, MO 63102

Advisory (Participants)

$20,673

JOHN HANCOCK LIFE INSURANCE COMPANY4 years

Filed as: JOHN HANCOCK USA

Service code 15 · EIN 01-0233346

Recordkeeping

$338

ELITE CUISINE, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ELITE CUISINE, LLC 401(K) PROFIT SHARING 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