Retirement plan

TORTILLA FLATS, LLC 401(K) PROFIT SHARING PLAN

Name: TORTILLA FLATS, LLC - TORTILLA FLATS, LLC 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: TORTILLA FLATS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TORTILLA FLATS, LLC 401(K) PROFIT SHARING PLAN, TORTILLA FLATS, LLC

TORTILLA FLATS, LLCEIN 46-2772677Plan #001PY 2022

1585 SOUTH PEARL STREET - DENVER, CO 80210513-255-0738tortillaflataz.comLinkedIn51-200 employeeslegal services

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$2K

-18.4% from 2021

Total participants

-89.5% from 2021

Average account balance

$791

-18.4% from 2021

Annual return

-18.38%

-125.88 pp from 2021

Benchmarks

See 4,135 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort4,135 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2K

Not enough data

1 years with asset history on file

Average account balance

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

$1K

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2F2G2J2T3D

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.

Opportunity flags

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

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

$791

$88,603-99.1%

$69,890-98.9%

$134,545-99.4%

Participation rate

0.0%

74.9%-74.9pp

70.5%-70.5pp

81.2%-81.2pp

Annual return

-18.38%

442.93%-461.3pp

190.84%-209.2pp

418.37%-436.7pp

Employer contribution / active EE

$3,236-100.0%

$2,560-100.0%

$4,742-100.0%

Participant deferral / active EE

$4,771-100.0%

$3,848-100.0%

$6,401-100.0%

Admin fee / account holder

$10,443-100.0%

$6,267-100.0%

$11,431-100.0%

TORTILLA FLATS, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

TORTILLA FLATS, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion