Retirement plan

EZCATER, INC. 401(K) RETIREMENT PLAN

Name: EZCATER, INC. - EZCATER, INC. 401(K) RETIREMENT PLAN (2022) Form 5500
Creator: EZCATER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EZCATER, INC. 401(K) RETIREMENT PLAN, EZCATER, INC.

EZCATER, INC.EIN 45-3073013Plan #001PY 2022

40 WATER STREET, 5TH FLOOR - BOSTON, MA 02109781-296-8065ezcater.comLinkedIn501-1000 employeescomputer software

Prospect flagsLow participationFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$17.8M

+12.3% from 2021

Total participants

994

+32.5% from 2021

Average account balance

$23,425

-15.5% from 2021

Annual return

-12.38%

-28.88 pp from 2021

Benchmarks

See 788 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants250-999

Cohort788 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$48.13M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

1,041

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.

75.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$11.99M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+23.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14

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 4 by compensation

Provider	Service type	Compensation
AMERICAN REALTY ADVISORS2 years Filed as: AMERICAN FIDUCIARY CORPORATION Service code 49 200 RESERVOIR ST, SUITE 100 · NEEDHAM, MA 02494	Other Services	$13,520
MORNINGSTAR1 year Service code 27	Advisory (Plan)	$2,589
VOYA RETIREMENT INSURANCE & ANNUITY1 year Filed as: VOYA RETIREMENT AND ANNUITY CO Service code 64	Recordkeeping Fees	$17
VOYA RETIREMENT INSURANCE & ANNUITY1 year Filed as: VOYA RETIREMENT ISURANCE AND ANN CO Service code 64 · EIN 71-0294708	Recordkeeping Fees	$0

Plan features & details

Pension benefit codes2F2G2J2K2T3D

Plan features

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$7K

$9 / participant

Other / not subdivided$7K100.0%

% of EOY assets

0.038%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,425

$30,107-22.2%

$61,501-61.9%

$64,824-63.9%

Participation rate

67.3%

36.4%+30.9pp

52.6%+14.7pp

71.5%-4.2pp

Annual return

-12.38%

-13.99%+1.6pp

339.04%-351.4pp

32.84%-45.2pp

Employer contribution / active EE

$1,869

$537+248.3%

$1,160+61.2%

$2,507-25.4%

Participant deferral / active EE

$5,566

$1,126+394.3%

$2,125+162.0%

$4,311+29.1%

Admin fee / account holder

$148-94.0%

$2,132-99.6%

$188-95.3%

Provider

Service type

Compensation

AMERICAN REALTY ADVISORS2 years

Filed as: AMERICAN FIDUCIARY CORPORATION

Service code 49

200 RESERVOIR ST, SUITE 100 · NEEDHAM, MA 02494

Other Services

$13,520

MORNINGSTAR1 year

Service code 27

Advisory (Plan)

$2,589

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Filed as: VOYA RETIREMENT AND ANNUITY CO

Service code 64

Recordkeeping Fees

$17

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Filed as: VOYA RETIREMENT ISURANCE AND ANN CO

Service code 64 · EIN 71-0294708

Recordkeeping Fees

EZCATER, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EZCATER, INC. 401(K) 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