Retirement plan

BD'S MONGOLIAN BBQ PROFIT SHARING & 401(K) PLAN

Name: SPARTAN MONGO MANAGEMENT - BD'S MONGOLIAN BBQ PROFIT SHARING & 401(K) PLAN (2017) Form 5500
Creator: SPARTAN MONGO MANAGEMENT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BD'S MONGOLIAN BBQ PROFIT SHARING & 401(K) PLAN, SPARTAN MONGO MANAGEMENT

SPARTAN MONGO MANAGEMENTEIN 34-1943008Plan #001PY 2017

7652 SUTTON PLACE - NEW ALBANY, OH 43054614-855-0373LinkedIn201-500 employeesrestaurants

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$2.1M

+19.8% from 2016

Total participants

241

+17.0% from 2016

Average account balance

$54,848

+22.9% from 2016

Annual return

15.65%

+6.97 pp from 2016

Benchmarks

See 841 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort841 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.04M

Not enough data

1 years with asset history on file

Average account balance

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

$190K

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.

16.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$144K

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

+10.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12884

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 2 by compensation

Provider	Service type	Compensation
NATIONWIDE3+ years Service code 37 · EIN 31-4156830	Loan Processing	$20,664
CAMBRIDGE INVESTMENT RESEARCH3+ years Service code 27 1776 PLEASANT PLAIN ROAD · FAIRFIELD, IA 525568757	Advisory (Plan)	$0

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.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

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: HHH CPA GROUP
Auditor EIN: 203767687
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,848

$31,388+74.7%

$73,550-25.4%

$62,293-12.0%

Participation rate

7.3%

39.9%-32.5pp

54.9%-47.6pp

69.5%-62.2pp

Annual return

15.65%

25.34%-9.7pp

-15.16%+30.8pp

28.90%-13.2pp

Employer contribution / active EE

$194

$498-61.0%

$1,219-84.1%

$2,042-90.5%

Participant deferral / active EE

$314

$1,028-69.5%

$1,804-82.6%

$3,169-90.1%

Admin fee / account holder

$299-100.0%

$2,320-100.0%

$479-100.0%

Provider

Service type

Compensation

NATIONWIDE3+ years

Service code 37 · EIN 31-4156830

Loan Processing

$20,664

CAMBRIDGE INVESTMENT RESEARCH3+ years

Service code 27

1776 PLEASANT PLAIN ROAD · FAIRFIELD, IA 525568757

Advisory (Plan)

BD'S MONGOLIAN BBQ PROFIT SHARING & 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

BD'S MONGOLIAN BBQ PROFIT SHARING & 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion