Retirement plan

POLLY'S FOOD SERVICE AND AFFILIATES EMPLOYEES' RETIREMENT PLAN

Name: POLLY'S FOOD SERVICE, INC. - POLLY'S FOOD SERVICE AND AFFILIATES EMPLOYEES' RETIREMENT PLAN (2016) Form 5500
Creator: POLLY'S FOOD SERVICE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, POLLY'S FOOD SERVICE AND AFFILIATES EMPLOYEES' RETIREMENT PLAN, POLLY'S FOOD SERVICE, INC.

POLLY'S FOOD SERVICE, INC.EIN 38-0935150Plan #001PY 2016

1821 SPRING ARBOR ROAD - JACKSON, MI 492032703517-787-6081LinkedIn1-10 employeessupermarkets

Prospect flagsLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$5.2M

+7.1% from 2015

Total participants

237

-2.9% from 2015

Average account balance

$23,974

+8.1% from 2015

Annual return

6.32%

+7.23 pp from 2015

Benchmarks

See 2,356 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,356 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.68M

Not enough data

1 years with asset history on file

Average account balance

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

$36K

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.

183

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.

82.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$278K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+14.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$217

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
CAPFINANCIAL PARTNERS LLC2+ years Filed as: CAPTRUST INVESTMENT ADVISORS Service code 27 8031 M-15 · CLARKSTON, MI 48348	Advisory (Plan)	$17,321
FREEDOM ONE RETIREMENT SERVICES LLC2+ years Service code 64 8031 M-15 · CLARKSTON, MI 48348	Recordkeeping Fees	$9,966

Plan features & details

Pension benefit codes2E2G2J2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$30K

$134 / participant

Investment mgmt$17K58.6%
Contract admin$12K41.4%

% of EOY assets

0.571%

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: BOND & COMPANY
Auditor EIN: 470899021
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,974

$42,546-43.7%

$71,796-66.6%

$55,167-56.5%

Participation rate

90.5%

59.1%+31.4pp

69.1%+21.4pp

69.0%+21.5pp

Annual return

6.32%

12.36%-6.0pp

78.04%-71.7pp

169.23%-162.9pp

Employer contribution / active EE

$905

$803+12.6%

$1,924-53.0%

$1,963-53.9%

Participant deferral / active EE

$418

$2,064-79.7%

$2,794-85.0%

$3,054-86.3%

Admin fee / account holder

$137

$650-78.9%

$4,815-97.2%

$504-72.8%

Provider

Service type

Compensation

CAPFINANCIAL PARTNERS LLC2+ years

Filed as: CAPTRUST INVESTMENT ADVISORS

Service code 27

8031 M-15 · CLARKSTON, MI 48348

Advisory (Plan)

$17,321

FREEDOM ONE RETIREMENT SERVICES LLC2+ years

Service code 64

8031 M-15 · CLARKSTON, MI 48348

Recordkeeping Fees

$9,966

POLLY'S FOOD SERVICE AND AFFILIATES EMPLOYEES' RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

POLLY'S FOOD SERVICE AND AFFILIATES EMPLOYEES' RETIREMENT 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