Retirement plan

COLECTIVO COFFEE ROASTERS, INC. RETIREMENT PLAN

Name: COLECTIVO COFFEE ROASTERS, INC. - COLECTIVO COFFEE ROASTERS, INC. RETIREMENT PLAN (2019) Form 5500
Creator: COLECTIVO COFFEE ROASTERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COLECTIVO COFFEE ROASTERS, INC. RETIREMENT PLAN, COLECTIVO COFFEE ROASTERS, INC.

COLECTIVO COFFEE ROASTERS, INC.EIN 39-1779155Plan #001PY 2019

2999 N. HUMBOLDT BLVD. - MILWAUKEE, WI 53212414-273-3747LinkedIn1-10 employeesrestaurants

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$8M

+33.8% from 2018

Total participants

304

+19.7% from 2018

Average account balance

$52,823

+20.5% from 2018

Annual return

23.24%

+29.29 pp from 2018

Benchmarks

See 794 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants250-999

Cohort794 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.86M

Not enough data

1 years with asset history on file

Average account balance

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

$74K

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.

146

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.

40.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$709K

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

+13.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$382

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
SVA PLUMB FINANCIAL2 years Service code 26 1221 JOHN Q HAMMONS DRIVE · MADISON, WI 53717	Advisory (Participants)	$14,466
NEWPORT GROUP, INC.2 years Service code 13 · EIN 27-2037969	Contract Administrator	$9,997

Plan features & details

Pension benefit codes2E2F2G2J2T3D3F

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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$28K

$108 / participant

Investment mgmt$14K51.9%
Contract admin$10K35.9%
Other / not subdivided$3K12.2%

% of EOY assets

0.349%

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: VRAKAS ADVISORS LLC
Auditor EIN: 831819454
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$52,823

$25,302+108.8%

$74,723-29.3%

$67,582-21.8%

Participation rate

40.5%

37.8%+2.6pp

54.5%-14.0pp

71.3%-30.8pp

Annual return

23.24%

10291.17%-10267.9pp

753.18%-729.9pp

378.57%-355.3pp

Employer contribution / active EE

$850

$446+90.4%

$1,084-21.6%

$2,148-60.4%

Participant deferral / active EE

$1,948

$954+104.2%

$1,962-0.7%

$3,539-45.0%

Admin fee / account holder

$184

$108+71.3%

$3,335-94.5%

$142+29.6%

Provider

Service type

Compensation

SVA PLUMB FINANCIAL2 years

Service code 26

1221 JOHN Q HAMMONS DRIVE · MADISON, WI 53717

Advisory (Participants)

$14,466

NEWPORT GROUP, INC.2 years

Service code 13 · EIN 27-2037969

Contract Administrator

$9,997

COLECTIVO COFFEE ROASTERS, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COLECTIVO COFFEE ROASTERS, INC. 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