Retirement plan

SUPERIOR BEVERAGE COMPANY, INC. UNION 401(K) & PENSION PLAN

Name: SUPERIOR BEVERAGE CO., INC. - SUPERIOR BEVERAGE COMPANY, INC. UNION 401(K) & PENSION PLAN (2016) Form 5500
Creator: SUPERIOR BEVERAGE CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUPERIOR BEVERAGE COMPANY, INC. UNION 401(K) & PENSION PLAN, SUPERIOR BEVERAGE CO., INC.

SUPERIOR BEVERAGE CO., INC.EIN 36-2092387Plan #004PY 2016

1070 ORCHARD ROAD - MONTGOMERY, IL 605381009630-896-8668LinkedIn1-10 employeesinsurance

Other plans on this EIN

1 filing

#003Retirement-$8.9M assets

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$3M

+3.5% from 2015

Total participants

0.0% from 2015

Average account balance

$94,311

+3.5% from 2015

Annual return

8.19%

+8.97 pp from 2015

Benchmarks

See 22,113 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,113 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$40K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-86.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2F2J2R2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$232K

$11042 / participant

Other / not subdivided$232K100.0%

% of EOY assets

7.683%

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

$94,311

$131,835-28.5%

$108,582-13.1%

$273,972-65.6%

Participation rate

95.2%

83.5%+11.8pp

79.6%+15.7pp

83.0%+12.2pp

Annual return

8.19%

-91.57%+99.8pp

-51.70%+59.9pp

41.46%-33.3pp

Employer contribution / active EE

$3,431

$4,913-30.2%

$3,758-8.7%

$4,869-29.5%

Participant deferral / active EE

$1,021

$5,127-80.1%

$4,311-76.3%

$5,287-80.7%

Admin fee / account holder

$7,246

$10,253-29.3%

$7,645-5.2%

$10,133-28.5%

SUPERIOR BEVERAGE COMPANY, INC. UNION 401(K) & PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUPERIOR BEVERAGE COMPANY, INC. UNION 401(K) & PENSION 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