Retirement plan

ANCORA 401(K) PLAN

Name: T & M VENTURES, INC DBA ANCORA COFFEE - ANCORA 401(K) PLAN (2024) Form 5500
Creator: T & M VENTURES, INC DBA ANCORA COFFEE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ANCORA 401(K) PLAN, T & M VENTURES, INC DBA ANCORA COFFEE

T & M VENTURES, INC DBA ANCORA COFFEEEIN 46-2554423Plan #001PY 2024

111 KING STREET, SUITE 25 - MADISON, WI 53702920-216-2189

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$133K

+115.0% from 2023

Total participants

+19.4% from 2023

Average account balance

$11,068

No prior year

Annual return

15.89%

+15.89 pp from 2023

Benchmarks

See 6,868 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants25-99

Cohort6,868 peers

Snapshot2024

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

Analytics

Less than 3 years of history available for this plan

We'll show a chart here once at least 3 consecutive filings are on record.

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 codes2E2J2F2G3D

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$3K

$102 / participant

Other / not subdivided$3K100.0%

% of EOY assets

2.607%

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

$11,068

$29,716-62.8%

$56,077-80.3%

$80,925-86.3%

Participation rate

26.5%

41.7%-15.2pp

52.5%-26.0pp

67.7%-41.2pp

Annual return

15.89%

35.30%-19.4pp

1709.28%-1693.4pp

35.65%-19.8pp

Employer contribution / active EE

$550

$671-18.0%

$1,040-47.1%

$2,756-80.0%

Participant deferral / active EE

$1,306

$1,228+6.3%

$1,954-33.1%

$4,299-69.6%

Admin fee / account holder

$289

$2,432-88.1%

$2,825-89.8%

$6,940-95.8%

ANCORA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANCORA 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