Retirement plan

GREAT LAKES COCA-COLA DISTRIBUTION UNION 401(K) PLAN

Name: REYES HOLDINGS, L.L.C. - GREAT LAKES COCA-COLA DISTRIBUTION UNION 401(K) PLAN (2021) Form 5500
Creator: REYES HOLDINGS, L.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GREAT LAKES COCA-COLA DISTRIBUTION UNION 401(K) PLAN, REYES HOLDINGS, L.L.C.

REYES HOLDINGS, L.L.C.EIN 36-4121934Plan #007PY 2021

6250 N. RIVER ROAD, SUITE 9000 - ROSEMONT, IL 60018847-227-6500reyesholdings.comLinkedIn10001+ employeesfood & beverages

Other plans on this EIN

1 filing

#005Retirement-$1.65B assets

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$8.4M

-43.9% from 2016

Total participants

274

-54.5% from 2016

Average account balance

$52,935

+16.2% from 2016

Annual return

-55.56%

-80.17 pp from 2016

Benchmarks

See 1,068 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,068 peers

Snapshot2021

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

$131K

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

-91.42%

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

Top 3 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY7+ years Filed as: JOHN HANCOCK RETIREMENT PLAN SRVS Service code 15 · EIN 01-0233346	Recordkeeping	$17,740
BAKER TILLY US, LLP1 year Service code 10 · EIN 39-0859910	Accounting	$5,500
AMERICAN FUNDS5 years Filed as: CAPITAL STRATEGIES GROUP, INC. Service code 27 · EIN 63-1207374	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3H

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.
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.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$23K

$117 / participant

Investment mgmt$6052.6%
Contract admin$17K73.8%
Other / not subdivided$6K23.6%

% of EOY assets

0.278%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY, US LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$52,935

$60,835-13.0%

$85,708-38.2%

$79,395-33.3%

Participation rate

41.7%

62.2%-20.4pp

69.9%-28.2pp

70.7%-29.0pp

Annual return

-55.56%

16.58%-72.1pp

21.49%-77.1pp

116.90%-172.5pp

Employer contribution / active EE

$1,102

$1,666-33.8%

$2,618-57.9%

$2,428-54.6%

Participant deferral / active EE

$2,771

$2,922-5.2%

$3,922-29.4%

$4,046-31.5%

Admin fee / account holder

$147

$439-66.5%

$6,876-97.9%

$626-76.5%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY7+ years

Filed as: JOHN HANCOCK RETIREMENT PLAN SRVS

Service code 15 · EIN 01-0233346

Recordkeeping

$17,740

BAKER TILLY US, LLP1 year

Service code 10 · EIN 39-0859910

Accounting

$5,500

AMERICAN FUNDS5 years

Filed as: CAPITAL STRATEGIES GROUP, INC.

Service code 27 · EIN 63-1207374

Advisory (Plan)

GREAT LAKES COCA-COLA DISTRIBUTION UNION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GREAT LAKES COCA-COLA DISTRIBUTION UNION 401(K) 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