Retirement plan

TROPICAL SMOOTHIE CAFE 401(K) PLAN

Name: TROPICAL SMOOTHIE CAFE - TROPICAL SMOOTHIE CAFE 401(K) PLAN (2020) Form 5500
Creator: TROPICAL SMOOTHIE CAFE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TROPICAL SMOOTHIE CAFE 401(K) PLAN, TROPICAL SMOOTHIE CAFE

TROPICAL SMOOTHIE CAFEEIN 37-1696565Plan #001PY 2020

1117 PERIMETER CENTER WEST, SUITE W200 - ATLANTA, GA 30338770-580-2334tropicalsmoothiecafe.comLinkedIn51-200 employeesrestaurants

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$5.1M

No prior year

Total participants

116

No prior year

Average account balance

$53,307

No prior year

Annual return

22.21%

No prior year

Benchmarks

See 3,551 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants25-99

Cohort3,551 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.38M

Not enough data

1 years with asset history on file

Average account balance

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

$89K

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.

116

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.

71.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.67M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+23.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$399

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 3 by compensation

Provider	Service type	Compensation
PENSIONMARK FINANCIAL GROUP LLC1+ years Service code 27 · EIN 61-1758632	Advisory (Plan)	$15,000
EPIC RETIREMENT PLAN SERVICES1+ years Filed as: RETIREMENT PLAN ADMINISTRATORS, LLC Service code 15 · EIN 58-2365498	Recordkeeping	$1,725
TRANSAMERICA RETIREMENT SOLUTIONS1+ years Filed as: TRANSAMERICA LIFE INS CO Service code 15 · EIN 39-0989781	Recordkeeping	$48

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$8K

$93 / participant

Investment mgmt$8K100.0%

% of EOY assets

0.162%

all-in expense ratio

Categories reported

1 / 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: GMM CPA
Auditor EIN: 472940358
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,307

$37,446+42.4%

$77,513-31.2%

$79,852-33.2%

Participation rate

77.5%

41.5%+36.0pp

54.2%+23.3pp

69.6%+7.9pp

Annual return

22.21%

39.76%-17.6pp

54.81%-32.6pp

31.72%-9.5pp

Employer contribution / active EE

$3,931

$637+517.0%

$987+298.5%

$2,471+59.1%

Participant deferral / active EE

$8,275

$1,261+556.3%

$1,861+344.6%

$3,740+121.2%

Admin fee / account holder

$86

$2,506-96.6%

$2,859-97.0%

$5,306-98.4%

Provider

Service type

Compensation

PENSIONMARK FINANCIAL GROUP LLC1+ years

Service code 27 · EIN 61-1758632

Advisory (Plan)

$15,000

EPIC RETIREMENT PLAN SERVICES1+ years

Filed as: RETIREMENT PLAN ADMINISTRATORS, LLC

Service code 15 · EIN 58-2365498

Recordkeeping

$1,725

TRANSAMERICA RETIREMENT SOLUTIONS1+ years

Filed as: TRANSAMERICA LIFE INS CO

Service code 15 · EIN 39-0989781

Recordkeeping

$48

TROPICAL SMOOTHIE CAFE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TROPICAL SMOOTHIE CAFE 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