Retirement plan

SWEET MARIAS COFFEE, INC. 401(K) PROFIT SHARING PLAN

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

SWEET MARIAS COFFEE, INC.EIN 31-1656254Plan #001PY 2018

2823 ADELINE STREET - OAKLAND, CA 94608510-628-0992sweetmarias.comLinkedIn11-50 employeesretail

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$3.3M

-8.9% from 2017

Total participants

-16.7% from 2017

Average account balance

$192,169

+12.5% from 2017

Annual return

-9.50%

-28.70 pp from 2017

Benchmarks

See 18,624 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort18,624 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.54M

Not enough data

1 years with asset history on file

Average account balance

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

$162K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$161K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+14.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$22

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 codes2E2F2J2T3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$170K

$11349 / participant

Other / not subdivided$170K100.0%

% of EOY assets

5.211%

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

$192,169

$95,975+100.2%

$74,549+157.8%

$135,379+41.9%

Participation rate

80.0%

75.7%+4.3pp

69.1%+10.9pp

82.6%-2.6pp

Annual return

-9.50%

56.96%-66.5pp

32.53%-42.0pp

519.79%-529.3pp

Employer contribution / active EE

$8,932

$2,716+228.8%

$1,961+355.5%

$4,779+86.9%

Participant deferral / active EE

$3,807

$3,844-1.0%

$3,108+22.5%

$5,609-32.1%

Admin fee / account holder

$10,014

$6,522+53.5%

$5,059+97.9%

$10,828-7.5%

SWEET MARIAS COFFEE, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SWEET MARIAS COFFEE, INC. 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