Retirement plan

FIRST BEVERAGE MANAGER, INC. 401(K) PROFIT SHARING PLAN

Name: FIRST BEVERAGE MANAGER, INC. - FIRST BEVERAGE MANAGER, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: FIRST BEVERAGE MANAGER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FIRST BEVERAGE MANAGER, INC. 401(K) PROFIT SHARING PLAN, FIRST BEVERAGE MANAGER, INC.

FIRST BEVERAGE MANAGER, INC.EIN 20-1939104Plan #001PY 2016

1800 AVE OF THE STARS #650 - LOS ANGELES, CA 90067310-481-5122

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$1.1M

+14.3% from 2015

Total participants

0.0% from 2015

Average account balance

$79,250

+14.3% from 2015

Annual return

3.53%

+6.93 pp from 2015

Benchmarks

See 13,988 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort13,988 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$486K

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

240.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$27K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+15.29%

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

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 codes2G2J

Plan features

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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$89K

$5244 / participant

Other / not subdivided$89K100.0%

% of EOY assets

8.035%

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

$79,250

$215,361-63.2%

$171,082-53.7%

$273,972-71.1%

Participation rate

64.7%

82.0%-17.3pp

76.7%-12.0pp

83.0%-18.3pp

Annual return

3.53%

25.14%-21.6pp

32.56%-29.0pp

41.46%-37.9pp

Employer contribution / active EE

$2,775

$4,967-44.1%

$4,002-30.6%

$4,869-43.0%

Participant deferral / active EE

$8,305

$5,543+49.8%

$4,797+73.1%

$5,287+57.1%

Admin fee / account holder

$6,368

$10,846-41.3%

$8,520-25.3%

$10,133-37.2%

FIRST BEVERAGE MANAGER, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FIRST BEVERAGE MANAGER, INC. 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