Retirement plan

PIZZA INN/PIE FIVE 401(K) PLAN

Name: RAVE RESTAURANT GROUP, INC. - PIZZA INN/PIE FIVE 401(K) PLAN (2016) Form 5500
Creator: RAVE RESTAURANT GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PIZZA INN/PIE FIVE 401(K) PLAN, RAVE RESTAURANT GROUP, INC.

RAVE RESTAURANT GROUP, INC.EIN 45-3189287Plan #005PY 2016

3551 PLANO PKWY - THE COLONY, TX 75056469-384-5000raverg.comLinkedIn501-1000 employeesrestaurants

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$1.7M

-6.8% from 2015

Total participants

224

+22.4% from 2015

Average account balance

$26,634

+5.1% from 2015

Annual return

6.77%

+8.89 pp from 2015

Benchmarks

See 875 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort875 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.60M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

173.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$134K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+9.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8070

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

Top 3 by compensation

Provider	Service type	Compensation
NATIONWIDE2+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$19,445
PROSPERA FINANCIAL SERVICES2+ years Filed as: PROSPERA Service code 27 5429 LBJ FREEWAY · DALLAS, TX 75240	Advisory (Plan)	$5,817
CECILCO2+ years Service code 13 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Contract Administrator	$3,155

Plan features & details

Pension benefit codes2F2G2J2K2S3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$10K

$50 / participant

Contract admin$10K100.0%

% of EOY assets

0.579%

all-in expense ratio

Categories reported

1 / 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: PRICEKUBECKA, PLLC
Auditor EIN: 752783674
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,634

$25,723+3.5%

$69,182-61.5%

$55,167-51.7%

Participation rate

17.0%

39.4%-22.4pp

55.1%-38.1pp

69.0%-52.0pp

Annual return

6.77%

9.56%-2.8pp

-21.93%+28.7pp

169.23%-162.5pp

Employer contribution / active EE

$191

$480-60.3%

$1,206-84.2%

$1,963-90.3%

Participant deferral / active EE

$874

$963-9.3%

$1,897-53.9%

$3,054-71.4%

Admin fee / account holder

$154

$365-57.7%

$2,697-94.3%

$504-69.4%

Provider

Service type

Compensation

NATIONWIDE2+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$19,445

PROSPERA FINANCIAL SERVICES2+ years

Filed as: PROSPERA

Service code 27

5429 LBJ FREEWAY · DALLAS, TX 75240

Advisory (Plan)

$5,817

CECILCO2+ years

Service code 13

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Contract Administrator

$3,155

PIZZA INN/PIE FIVE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PIZZA INN/PIE FIVE 401(K) 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