Retirement plan

GENERAL GROCERY WAREHOUSE CO. 401(K) PLAN

Name: GENERAL GROCERY WAREHOUSE CO. - GENERAL GROCERY WAREHOUSE CO. 401(K) PLAN (2017) Form 5500
Creator: GENERAL GROCERY WAREHOUSE CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GENERAL GROCERY WAREHOUSE CO. 401(K) PLAN, GENERAL GROCERY WAREHOUSE CO.

GENERAL GROCERY WAREHOUSE CO.EIN 22-3145430Plan #002PY 2017

455 16TH STREET - CARLSTADT, NJ 07072201-935-7717LinkedIn51-200 employeescomputer software

Prospect flagsLow returnsLow participationLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$3.6M

+5.4% from 2016

Total participants

136

+9.7% from 2016

Average account balance

$41,450

+10.2% from 2016

Annual return

4.36%

+0.40 pp from 2016

Benchmarks

See 2,371 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,371 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.68M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

67.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$303K

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

+8.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6684

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

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Service providers

Top 10 of 11 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.2 years Service code 15 · EIN 04-1590850	Recordkeeping	$4,535
CARON & BLETZER, PLLC1 year Filed as: CARON AND BLETZER, PLLC Service code 10 · EIN 04-3499945	Accounting	$2,750
AMERICAN CENTURY1 year Service code 52 · EIN 44-6006315	Indirect Investment Fees	$0
AMERICAN FUNDS1 year Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
BLACKROCK1 year Service code 52 · EIN 22-3483675	Indirect Investment Fees	$0
COLUMBIA1 year Service code 52 · EIN 56-0906609	Indirect Investment Fees	$0
DWS FUNDS1 year Filed as: DEUTSCHE FUNDS Service code 52 · EIN 13-3241232	Indirect Investment Fees	$0
NATIONWIDE1 year Service code 52 · EIN 36-2434406	Indirect Investment Fees	$0
OPPENHEIMER1 year Service code 52 · EIN 13-2649093	Indirect Investment Fees	$0
PIMCO FUNDS1 year Service code 52 · EIN 95-2632339	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3B3D3F3H2T

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
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

$7K

$56 / participant

Contract admin$5K62.3%
Other / not subdivided$3K37.7%

% of EOY assets

0.202%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CARON AND BLETZER, PLLC
Auditor EIN: 043499945
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,450

$71,192-41.8%

$117,861-64.8%

$62,293-33.5%

Participation rate

62.3%

74.2%-11.9pp

79.7%-17.4pp

69.5%-7.2pp

Annual return

4.36%

18.66%-14.3pp

335.11%-330.7pp

28.90%-24.5pp

Employer contribution / active EE

$909

$1,934-53.0%

$3,786-76.0%

$2,042-55.5%

Participant deferral / active EE

$1,657

$3,189-48.0%

$4,482-63.0%

$3,169-47.7%

Admin fee / account holder

$84

$587-85.7%

$8,021-99.0%

$479-82.5%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.2 years

Service code 15 · EIN 04-1590850

Recordkeeping

$4,535

CARON & BLETZER, PLLC1 year

Filed as: CARON AND BLETZER, PLLC

Service code 10 · EIN 04-3499945

Accounting

$2,750

AMERICAN CENTURY1 year

Service code 52 · EIN 44-6006315

Indirect Investment Fees

AMERICAN FUNDS1 year

Service code 52 · EIN 95-1411037

Indirect Investment Fees

BLACKROCK1 year

Service code 52 · EIN 22-3483675

Indirect Investment Fees

COLUMBIA1 year

Service code 52 · EIN 56-0906609

Indirect Investment Fees

DWS FUNDS1 year

Filed as: DEUTSCHE FUNDS

Service code 52 · EIN 13-3241232

Indirect Investment Fees

NATIONWIDE1 year

Service code 52 · EIN 36-2434406

Indirect Investment Fees

OPPENHEIMER1 year

Service code 52 · EIN 13-2649093

Indirect Investment Fees

PIMCO FUNDS1 year

Service code 52 · EIN 95-2632339

Indirect Investment Fees

GENERAL GROCERY WAREHOUSE CO. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GENERAL GROCERY WAREHOUSE CO. 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