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 (2019) 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 2019

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

Other plans on this EIN

1 filing

#003Retirement-$11.9M assets

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$3.7M

+19.4% from 2018

Total participants

-5.6% from 2018

Average account balance

$115,365

+26.9% from 2018

Annual return

20.03%

+26.57 pp from 2018

Benchmarks

See 22,305 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,305 peers

Snapshot2019

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 codes2E2F2G2J2R2T3D

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.
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

$107K

$5095 / participant

Other / not subdivided$107K100.0%

% of EOY assets

2.898%

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

$115,365

$152,619-24.4%

$125,195-7.9%

$152,909-24.6%

Participation rate

90.5%

83.3%+7.1pp

79.8%+10.7pp

82.5%+8.0pp

Annual return

20.03%

54.85%-34.8pp

43.79%-23.8pp

345.46%-325.4pp

Employer contribution / active EE

$2,826

$4,947-42.9%

$3,866-26.9%

$4,764-40.7%

Participant deferral / active EE

$1,253

$5,869-78.7%

$4,937-74.6%

$5,851-78.6%

Admin fee / account holder

$3,344

$13,437-75.1%

$9,704-65.5%

$11,601-71.2%

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