Retirement plan

DISTRICT TACO 401(K) PLAN & TRUST

Name: DISTRICT TACO LLC - DISTRICT TACO 401(K) PLAN & TRUST (2020) Form 5500
Creator: DISTRICT TACO LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DISTRICT TACO 401(K) PLAN & TRUST, DISTRICT TACO LLC

DISTRICT TACO LLCEIN 27-0518616Plan #001PY 2020

2890 EMMA LEE STREET, SUITE 200 - FALLS CHURCH, VA 22042703-560-0369districttaco.comLinkedIn201-500 employeesrestaurants

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$471K

+65.0% from 2019

Total participants

145

+49.5% from 2019

Average account balance

$26,144

+46.6% from 2019

Annual return

25.81%

+3.41 pp from 2019

Benchmarks

See 881 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort881 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.13M

Not enough data

1 years with asset history on file

Average account balance

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

$21K

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.

31.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$189K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+14.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2791

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 3 by compensation

Provider	Service type	Compensation
PRAETORIAN GUARD4 years Service code 15 3775 VIA NONA MARIE · CARMEL, CA 93923	Recordkeeping	$1,573
THE VANGUARD GROUP, INC.3 years Service code 15 · EIN 23-1945930	Recordkeeping	$1,008
INTERLAKE CAPITAL MANAGEMENT, LLC1 year Filed as: INTERLAKE CAPITAL MANAGEMENT Service code 15 · EIN 20-8073773	Recordkeeping	$245

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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.
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

$3K

$20 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.569%

all-in expense ratio

Categories reported

0 / 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: LEE CPA AUDIT GROUP
Auditor EIN: 814637885
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,144

$35,986-27.3%

$77,513-66.3%

$73,493-64.4%

Participation rate

6.6%

40.8%-34.2pp

54.2%-47.6pp

70.7%-64.1pp

Annual return

25.81%

19.26%+6.6pp

54.81%-29.0pp

28.51%-2.7pp

Employer contribution / active EE

$249

$557-55.4%

$987-74.8%

$2,270-89.1%

Participant deferral / active EE

$604

$1,198-49.5%

$1,861-67.5%

$3,740-83.8%

Admin fee / account holder

$149

$466-68.1%

$2,859-94.8%

$513-71.0%

Provider

Service type

Compensation

PRAETORIAN GUARD4 years

Service code 15

3775 VIA NONA MARIE · CARMEL, CA 93923

Recordkeeping

$1,573

THE VANGUARD GROUP, INC.3 years

Service code 15 · EIN 23-1945930

Recordkeeping

$1,008

INTERLAKE CAPITAL MANAGEMENT, LLC1 year

Filed as: INTERLAKE CAPITAL MANAGEMENT

Service code 15 · EIN 20-8073773

Recordkeeping

$245

DISTRICT TACO 401(K) PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DISTRICT TACO 401(K) PLAN & TRUST

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