Retirement plan

LONG JOHN SILVER'S, LLC EMPLOYEES SAVINGS TRUST

Name: LONG JOHN SILVERS, LLC - LONG JOHN SILVER'S, LLC EMPLOYEES SAVINGS TRUST (2018) Form 5500
Creator: LONG JOHN SILVERS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LONG JOHN SILVER'S, LLC EMPLOYEES SAVINGS TRUST, LONG JOHN SILVERS, LLC

LONG JOHN SILVERS, LLCEIN 36-4718017Plan #001PY 2018

10350 OMSBY PARK PLACE - LOUISVILLE, KY 40223502-815-6120ljsilvers.comLinkedIn10001+ employeesrestaurants

Prospect flagsLow participationLow participant contributionRecently reached 100 employeesFailed to transmit contributions

How to read this page

Total assets (EOY)

$3.7M

+14.2% from 2017

Total participants

2,437

+2115.5% from 2017

Average account balance

$32,969

-18.1% from 2017

Annual return

2.40%

-13.58 pp from 2017

Benchmarks

See 282 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort282 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.37M

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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.

129

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.

4.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$839K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$341

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

+13.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$269

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

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
BAIRD INSURANCE SERVICES INC1 year Filed as: J J B HILLIARD W L LYONS LLC Service code 27 10200 FOREST GREEN BLVD., STE. 500 · LOUISVILLE, KY 402235179	Advisory (Plan)	$18,088
CPI QUALIFIED PLAN CONSULTANTS, INC1 year Service code 12 · EIN 48-1205033	Float revenue; Claims processing; Rec...	$407

Plan features & details

Pension benefit codes2F2G2J2K3B3D2T2E

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

4 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.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$18K

$8 / participant

Investment mgmt$18K97.8%
Contract admin$4072.2%

% of EOY assets

0.496%

all-in expense ratio

Categories reported

2 / 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: MCM CPAS & ADVISORS, LLP
Auditor EIN: 271235638
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,969

$23,119+42.6%

$71,089-53.6%

$75,289-56.2%

Participation rate

4.4%

36.3%-32.0pp

54.6%-50.3pp

72.4%-68.1pp

Annual return

2.40%

-3.32%+5.7pp

650.65%-648.2pp

-0.04%+2.4pp

Employer contribution / active EE

$86

$399-78.5%

$1,088-92.1%

$2,405-96.4%

Participant deferral / active EE

$179

$960-81.3%

$1,873-90.4%

$3,739-95.2%

Admin fee / account holder

$164

$89+82.9%

$3,082-94.7%

$102+60.0%

Provider

Service type

Compensation

BAIRD INSURANCE SERVICES INC1 year

Filed as: J J B HILLIARD W L LYONS LLC

Service code 27

10200 FOREST GREEN BLVD., STE. 500 · LOUISVILLE, KY 402235179

Advisory (Plan)

$18,088

CPI QUALIFIED PLAN CONSULTANTS, INC1 year

Service code 12 · EIN 48-1205033

Float revenue; Claims processing; Rec...

$407

LONG JOHN SILVER'S, LLC EMPLOYEES SAVINGS TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LONG JOHN SILVER'S, LLC EMPLOYEES SAVINGS 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