Retirement plan

SEA SHELL CLUB 401(K) PROFIT SHARING PLAN

Name: SEA SHELL CLUB, INC. - SEA SHELL CLUB 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: SEA SHELL CLUB, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SEA SHELL CLUB 401(K) PROFIT SHARING PLAN, SEA SHELL CLUB, INC.

SEA SHELL CLUB, INC.EIN 21-0722568Plan #002PY 2018

10 S. ATLANTIC AVENUE - BEACH HAVEN, NJ 08008609-492-4611

Other plans on this EIN

1 filing

#001Retirement-$1.9M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.5M

-6.5% from 2017

Total participants

-10.0% from 2017

Average account balance

$168,832

+3.9% from 2017

Annual return

-6.86%

-22.66 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

$3.40M

Not enough data

1 years with asset history on file

Average account balance

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

$284K

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

$369K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$31K

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

+7.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$250014

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 codes2E2F2J3D

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).
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.
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

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

$87K

$10936 / participant

Other / not subdivided$87K100.0%

% of EOY assets

5.758%

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

$168,832

$104,116+62.2%

$71,089+137.5%

$135,380+24.7%

Participation rate

100.0%

65.7%+34.3pp

54.6%+45.4pp

82.6%+17.4pp

Annual return

-6.86%

1256.51%-1263.4pp

650.65%-657.5pp

519.81%-526.7pp

Employer contribution / active EE

$11,254

$1,485+657.9%

$1,088+934.7%

$4,779+135.5%

Participant deferral / active EE

$2,524-100.0%

$1,873-100.0%

$5,609-100.0%

Admin fee / account holder

$9,721

$4,142+134.7%

$3,082+215.4%

$10,828-10.2%

SEA SHELL CLUB 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SEA SHELL CLUB 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