Retirement plan

ROCH'S FRESH FOOD WEST GREENWICH, INC. 401(K) RETIREMENT PLAN

Name: ROCH'S FRESH FOODS WEST GREENWICH, INC. - ROCH'S FRESH FOOD WEST GREENWICH, INC. 401(K) RETIREMENT PLAN (2019) Form 5500
Creator: ROCH'S FRESH FOODS WEST GREENWICH, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROCH'S FRESH FOOD WEST GREENWICH, INC. 401(K) RETIREMENT PLAN, ROCH'S FRESH FOODS WEST GREENWICH, INC.

ROCH'S FRESH FOODS WEST GREENWICH, INC.EIN 45-3973000Plan #001PY 2019

30 ARNOLD FARM ROAD - WEST GREENWICH, RI 02817401-392-4230

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$2M

+25.3% from 2018

Total participants

+3.5% from 2018

Average account balance

$56,730

-6.9% from 2018

Annual return

18.80%

+23.30 pp from 2018

Benchmarks

See 9,236 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,236 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.57M

Not enough data

1 years with asset history on file

Average account balance

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

$85K

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.

33.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$212K

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

+23.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3690

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 codes2E2F2G2J2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$134K

$1592 / participant

Other / not subdivided$134K100.0%

% of EOY assets

6.733%

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

$56,730

$83,485-32.0%

$125,192-54.7%

$72,975-22.3%

Participation rate

36.9%

73.3%-36.4pp

79.8%-42.9pp

69.5%-32.6pp

Annual return

18.80%

25.77%-7.0pp

43.79%-25.0pp

81.01%-62.2pp

Employer contribution / active EE

$919

$2,346-60.8%

$3,866-76.2%

$2,440-62.4%

Participant deferral / active EE

$1,765

$3,586-50.8%

$4,937-64.3%

$3,608-51.1%

Admin fee / account holder

$3,820

$5,518-30.8%

$9,704-60.6%

$5,124-25.5%

ROCH'S FRESH FOOD WEST GREENWICH, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROCH'S FRESH FOOD WEST GREENWICH, 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