Retirement plan

ROOSTERS, INC. DBA ROOSTERS 401(K) PROFIT SHARING PLAN AND TRUST

Name: ROOSTERS, INC. DBA ROOSTERS - ROOSTERS, INC. DBA ROOSTERS 401(K) PROFIT SHARING PLAN AND TRUST (2020) Form 5500
Creator: ROOSTERS, INC. DBA ROOSTERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROOSTERS, INC. DBA ROOSTERS 401(K) PROFIT SHARING PLAN AND TRUST, ROOSTERS, INC. DBA ROOSTERS

ROOSTERS, INC. DBA ROOSTERSEIN 31-1402985Plan #001PY 2020

6140 DUBLIN ROAD - DUBLIN, OH 43017614-761-1518

Prospect flagsLow participationLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$6.6M

+22.4% from 2019

Total participants

816

+58.4% from 2019

Average account balance

$71,253

+5.1% from 2019

Annual return

19.75%

-1.71 pp from 2019

Benchmarks

See 2,819 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,819 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.11M

Not enough data

1 years with asset history on file

Average account balance

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

$90K

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.

123

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.

14.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$958K

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

+14.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$266

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 3 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH1 year Filed as: MERRILL LYNCH RETIREMENT & BENEFITS Service code 26 · EIN 13-5674085	Advisory (Participants)	$15,688
ASCENSUS LLC1 year Filed as: ASCENSUS Service code 15 · EIN 11-3665754	Recordkeeping	$8,494
BDO USA, LLP1 year Filed as: BDO USA LLP Service code 13 301 SPRINGSIDE DR · AKRON, OH 44333	Contract Administrator	$400

Plan features & details

Pension benefit codes2E2J2K2F2G2T3D

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.
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

3 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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$24K

$30 / participant

Other / not subdivided$24K100.0%

% of EOY assets

0.367%

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: GBQ PARTNERS
Auditor EIN: 202122306
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,253

$100,801-29.3%

$149,730-52.4%

$73,412-2.9%

Participation rate

10.6%

77.7%-67.1pp

82.5%-71.9pp

72.2%-61.6pp

Annual return

19.75%

265.34%-245.6pp

276.70%-256.9pp

59.30%-39.5pp

Employer contribution / active EE

$215

$3,312-93.5%

$4,645-95.4%

$2,234-90.4%

Participant deferral / active EE

$503

$6,404-92.1%

$6,843-92.7%

$3,806-86.8%

Admin fee / account holder

$262

$181+44.8%

$9,310-97.2%

$158+65.8%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH1 year

Filed as: MERRILL LYNCH RETIREMENT & BENEFITS

Service code 26 · EIN 13-5674085

Advisory (Participants)

$15,688

ASCENSUS LLC1 year

Filed as: ASCENSUS

Service code 15 · EIN 11-3665754

Recordkeeping

$8,494

BDO USA, LLP1 year

Filed as: BDO USA LLP

Service code 13

301 SPRINGSIDE DR · AKRON, OH 44333

Contract Administrator

$400

ROOSTERS, INC. DBA ROOSTERS 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROOSTERS, INC. DBA ROOSTERS 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