Retirement plan

ZAZA HOSPITALITY 401(K) PLAN

Name: ZAZA HOSPITALITY LLC - ZAZA HOSPITALITY 401(K) PLAN (2023) Form 5500
Creator: ZAZA HOSPITALITY LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ZAZA HOSPITALITY 401(K) PLAN, ZAZA HOSPITALITY LLC

ZAZA HOSPITALITY LLCEIN 20-5948474Plan #001PY 2023

5701 MAIN ST - HOUSTON, TX 77005713-526-1991

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$5.6M

+30.6% from 2022

Total participants

433

+43.4% from 2022

Average account balance

$26,348

+25.1% from 2022

Annual return

18.21%

+36.73 pp from 2022

Benchmarks

See 909 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants250-999

Cohort909 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.19M

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

212

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.

59.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$842K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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)

$36

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
VOYA RETIREMENT INSURANCE & ANNUITY7 years Filed as: VOYA RETIREMENT INS &ANN Service code 26 · EIN 71-0294708	Advisory (Participants)	$8,657
UBS FINANCIAL SERVICES INC1 year Filed as: UBS FINANCIAL SERVICES Service code 99 · EIN 71-0294708	Other Fees	$0

Plan features & details

Pension benefit codes2E2J2K2F2G3D3B

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).
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.
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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$9K

$22 / participant

Recordkeeping$9K100.0%

% of EOY assets

0.154%

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: CBIZ CPAS PC
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,348

$26,137+0.8%

$58,561-55.0%

$74,460-64.6%

Participation rate

44.1%

32.2%+12.0pp

50.9%-6.7pp

70.7%-26.6pp

Annual return

18.21%

32.53%-14.3pp

4251.33%-4233.1pp

34.38%-16.2pp

Employer contribution / active EE

$601

$537+11.9%

$1,053-43.0%

$2,638-77.2%

Participant deferral / active EE

$1,227

$1,076+14.0%

$1,923-36.2%

$4,530-72.9%

Admin fee / account holder

$40

$648-93.8%

$2,520-98.4%

$348-88.4%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY7 years

Filed as: VOYA RETIREMENT INS &ANN

Service code 26 · EIN 71-0294708

Advisory (Participants)

$8,657

UBS FINANCIAL SERVICES INC1 year

Filed as: UBS FINANCIAL SERVICES

Service code 99 · EIN 71-0294708

Other Fees

ZAZA HOSPITALITY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ZAZA HOSPITALITY 401(K) 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