Retirement plan

B & J MEXICAN FOODS, INC. 401(K) PROFIT SHARING PLAN

Name: B & J MEXICAN FOODS, INC. - B & J MEXICAN FOODS, INC. 401(K) PROFIT SHARING PLAN (2025) Form 5500
Creator: B & J MEXICAN FOODS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, B & J MEXICAN FOODS, INC. 401(K) PROFIT SHARING PLAN, B & J MEXICAN FOODS, INC.

B & J MEXICAN FOODS, INC.EIN 38-2104537Plan #001PY 2025

3475 PLAINFIELD, NE - GRAND RAPIDS, MI 49505616-363-7111LinkedIn1-10 employeesrestaurants

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$496K

+2.8% from 2024

Total participants

+22.2% from 2024

Average account balance

$82,694

+2.8% from 2024

Annual return

7.25%

+1.17 pp from 2024

Benchmarks

See 6,292 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants<25

Cohort6,292 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$496K

Not enough data

1 years with asset history on file

Average account balance

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

$83K

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.

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.

54.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$26K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+7.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8043

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$48K

$4387 / participant

Other / not subdivided$48K100.0%

% of EOY assets

9.726%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$82,694

$94,439-12.4%

$73,658+12.3%

$154,746-46.6%

Participation rate

54.5%

64.7%-10.1pp

57.0%-2.5pp

80.7%-26.2pp

Annual return

7.25%

28.25%-21.0pp

29.72%-22.5pp

172.34%-165.1pp

Employer contribution / active EE

$725

$1,257-42.3%

$1,032-29.7%

$4,379-83.4%

Participant deferral / active EE

$1,675

$2,527-33.7%

$2,062-18.7%

$6,730-75.1%

Admin fee / account holder

$8,043

$3,843+109.3%

$3,357+139.6%

$14,365-44.0%

B & J MEXICAN FOODS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

B & J MEXICAN FOODS, INC. 401(K) PROFIT SHARING 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