Retirement plan

CAPE MAY BREWING LLC 401(K) PROFIT SHARING PLAN AND TRUST

Name: CAPE MAY BREWING COMPANY LLC - CAPE MAY BREWING LLC 401(K) PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: CAPE MAY BREWING COMPANY LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAPE MAY BREWING LLC 401(K) PROFIT SHARING PLAN AND TRUST, CAPE MAY BREWING COMPANY LLC

CAPE MAY BREWING COMPANY LLCEIN 27-3505088Plan #001PY 2024

409 BREAKWATER ROAD - CAPE MAY, NJ 08204609-849-9933capemaybrewery.comLinkedIn51-200 employeesfood & beverages

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$1.7M

+2.3% from 2023

Total participants

-5.0% from 2023

Average account balance

$32,475

+4.3% from 2023

Annual return

11.85%

-8.47 pp from 2023

Benchmarks

See 2,591 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort2,591 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.69M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

69.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$347K

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

+11.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9901

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 codes2E2F2G2J2T3D

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.
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.
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.
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

$515K

$6865 / participant

Other / not subdivided$515K100.0%

% of EOY assets

30.489%

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

$32,475

$63,773-49.1%

$81,286-60.0%

$80,925-59.9%

Participation rate

42.7%

63.9%-21.2pp

69.5%-26.9pp

67.7%-25.0pp

Annual return

11.85%

16.37%-4.5pp

24.80%-12.9pp

35.65%-23.8pp

Employer contribution / active EE

$1,034

$1,979-47.8%

$2,463-58.0%

$2,756-62.5%

Participant deferral / active EE

$3,594

$3,093+16.2%

$3,883-7.4%

$4,299-16.4%

Admin fee / account holder

$9,901

$5,682+74.3%

$5,764+71.8%

$6,940+42.7%

CAPE MAY BREWING LLC 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAPE MAY BREWING LLC 401(K) PROFIT SHARING PLAN AND 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