Retirement plan

GFI PROFIT SHARING PLAN 4005 STUART ANDREW BLVD CHARLOTTE

Name: GILBERT FOODSERVICE, INC. GILBERT L MOORE, PRESIDENT - GFI PROFIT SHARING PLAN 4005 STUART ANDREW BLVD CHARLOTTE (2021) Form 5500
Creator: GILBERT FOODSERVICE, INC. GILBERT L MOORE, PRESIDENT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GFI PROFIT SHARING PLAN 4005 STUART ANDREW BLVD CHARLOTTE, GILBERT FOODSERVICE, INC. GILBERT L MOORE, PRESIDENT

GILBERT FOODSERVICE, INC. GILBERT L MOORE, PRESIDENTEIN 46-1947067Plan #001PY 2021

4005 STUART ANDREW BLVD - CHARLOTTE, NC 28217704-529-1800

Prospect flagsLow employer contributionLow fidelity bond

How to read this page

Total assets (EOY)

$3.6M

+21.4% from 2020

Total participants

+17.9% from 2020

Average account balance

$129,420

+21.4% from 2020

Annual return

19.69%

+5.00 pp from 2020

Benchmarks

See 2,182 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants25-99

Cohort2,182 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.79M

Not enough data

1 years with asset history on file

Average account balance

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

$129K

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.

112.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$464K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+13.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3367

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 codes2J3D

Plan features

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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$10

$0 / participant

Other / not subdivided$10100.0%

% of EOY assets

0.000%

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

$129,420

$70,587+83.3%

$124,693+3.8%

$85,847+50.8%

Participation rate

83.9%

64.4%+19.5pp

74.6%+9.3pp

69.3%+14.6pp

Annual return

19.69%

20688.83%-20669.1pp

5144.19%-5124.5pp

318.61%-298.9pp

Employer contribution / active EE

$214

$1,913-88.8%

$3,324-93.6%

$2,565-91.7%

Participant deferral / active EE

$1,439

$2,969-51.5%

$4,615-68.8%

$3,952-63.6%

Admin fee / account holder

$5,282-100.0%

$7,494-100.0%

$6,261-100.0%

GFI PROFIT SHARING PLAN 4005 STUART ANDREW BLVD CHARLOTTE

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GFI PROFIT SHARING PLAN 4005 STUART ANDREW BLVD CHARLOTTE

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