Retirement plan

BLUE PLATE CATERING, LTD. 401(K) PLAN AND TRUST

Name: BLUE PLATE CATERING, LTD. - BLUE PLATE CATERING, LTD. 401(K) PLAN AND TRUST (2018) Form 5500
Creator: BLUE PLATE CATERING, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BLUE PLATE CATERING, LTD. 401(K) PLAN AND TRUST, BLUE PLATE CATERING, LTD.

BLUE PLATE CATERING, LTD.EIN 36-3930035Plan #001PY 2018

C/O CARNOW AND ASSOCIATES, LTD., 778 FRONTAGE ROAD, SUITE 101 - NORTHFIELD, IL 600931209847-501-4622

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$2.8M

-4.4% from 2017

Total participants

308

-2.5% from 2017

Average account balance

$31,929

+16.3% from 2017

Annual return

-2.69%

-21.57 pp from 2017

Benchmarks

See 746 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants250-999

Cohort746 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.19M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

125

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.

28.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$275K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$824

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

+8.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$239

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
NORTHWESTERN MUTUAL INVESTMENT SERV1 year Filed as: NORTHWESTERN MUTUAL Service code 49 · EIN 52-2114207	Other Services	$19,901
CARNOW AND ASSOCIATES, LTD.1 year Filed as: CARNOW & ASSOCIATES, LTD. Service code 13 · EIN 36-3493622	Contract Administrator	$1,425
VOYA RETIREMENT INSURANCE & ANNUITY2 years Filed as: VOYA LIFE INSURANCE COMPANY Service code 26 · EIN 71-0294708	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2F2G2J2K3H

Plan features

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$23K

$85 / participant

Other / not subdivided$23K100.0%

% of EOY assets

0.825%

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: PLANTE MORAN, PLLC
Auditor EIN: 381357951
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,929

$23,224+37.5%

$71,086-55.1%

$55,725-42.7%

Participation rate

19.4%

37.9%-18.5pp

54.7%-35.2pp

70.9%-51.4pp

Annual return

-2.69%

-2.87%+0.2pp

650.59%-653.3pp

244.93%-247.6pp

Employer contribution / active EE

$436-100.0%

$1,088-100.0%

$2,078-100.0%

Participant deferral / active EE

$699

$929-24.7%

$1,874-62.7%

$3,356-79.2%

Admin fee / account holder

$263

$118+123.2%

$3,082-91.5%

$115+128.6%

Provider

Service type

Compensation

NORTHWESTERN MUTUAL INVESTMENT SERV1 year

Filed as: NORTHWESTERN MUTUAL

Service code 49 · EIN 52-2114207

Other Services

$19,901

CARNOW AND ASSOCIATES, LTD.1 year

Filed as: CARNOW & ASSOCIATES, LTD.

Service code 13 · EIN 36-3493622

Contract Administrator

$1,425

VOYA RETIREMENT INSURANCE & ANNUITY2 years

Filed as: VOYA LIFE INSURANCE COMPANY

Service code 26 · EIN 71-0294708

Advisory (Participants)

BLUE PLATE CATERING, LTD. 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BLUE PLATE CATERING, LTD. 401(K) 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