Retirement plan

COLECTIVO COFFEE ROASTERS, INC. RETIREMENT PLAN

Name: COLECTIVO COFFEE ROASTERS, INC. - COLECTIVO COFFEE ROASTERS, INC. RETIREMENT PLAN (2021) 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 2021

2999 NORTH HUMBOLDT BOULEVARD - MILWAUKEE, WI 53212414-273-3747LinkedIn1-10 employeesrestaurants

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$11.7M

+19.1% from 2020

Total participants

267

-15.2% from 2020

Average account balance

$75,753

+16.0% from 2020

Annual return

17.35%

+0.96 pp from 2020

Benchmarks

See 903 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort903 peers

Snapshot2021

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 FINANCIAL4 years Service code 26 1221 JOHN Q HAMMONS DRIVE · MADISON, WI 53717	Advisory (Participants)	$25,581
NEWPORT GROUP, INC.4 years Service code 12 · EIN 27-2037969	Recordkeeping and information managem...	$7,924

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

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

$38K

$201 / participant

Investment mgmt$26K67.4%
Contract admin$8K20.9%
Other / not subdivided$4K11.7%

% of EOY assets

0.325%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: VRAKAS, S.C.
Auditor EIN: 391453055
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$75,753

$39,286+92.8%

$80,741-6.2%

$79,391-4.6%

Participation rate

40.2%

41.0%-0.7pp

54.2%-14.0pp

70.7%-30.5pp

Annual return

17.35%

98.95%-81.6pp

87.30%-70.0pp

116.88%-99.5pp

Employer contribution / active EE

$906

$594+52.5%

$1,160-21.9%

$2,428-62.7%

Participant deferral / active EE

$2,354

$1,264+86.3%

$2,145+9.7%

$4,046-41.8%

Admin fee / account holder

$246

$647-61.9%

$3,380-92.7%

$627-60.7%

Provider

Service type

Compensation

SVA PLUMB FINANCIAL4 years

Service code 26

1221 JOHN Q HAMMONS DRIVE · MADISON, WI 53717

Advisory (Participants)

$25,581

NEWPORT GROUP, INC.4 years

Service code 12 · EIN 27-2037969

Recordkeeping and information managem...

$7,924

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