Retirement plan

ARNALL GROCERY COMPANY 401(K) & PROFIT SHARING PLAN

Name: PROPHETT ENTERPRISES INC. DBA ARNALL GROCERY COMPANY - ARNALL GROCERY COMPANY 401(K) & PROFIT SHARING PLAN (2021) Form 5500
Creator: PROPHETT ENTERPRISES INC. DBA ARNALL GROCERY COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARNALL GROCERY COMPANY 401(K) & PROFIT SHARING PLAN, PROPHETT ENTERPRISES INC. DBA ARNALL GROCERY COMPANY

PROPHETT ENTERPRISES INC. DBA ARNALL GROCERY COMPANYEIN 47-3963124Plan #001PY 2021

32 EAST WASHINGTON STREET - NEWMAN, GA 30263770-253-4556

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$264K

+23.9% from 2020

Total participants

+14.3% from 2020

Average account balance

$37,695

+23.9% from 2020

Annual return

14.54%

-0.78 pp from 2020

Benchmarks

See 19,956 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort19,956 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$277K

Not enough data

1 years with asset history on file

Average account balance

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

$69K

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.

80.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+16.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6703

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 codes2E2F2J2T3D

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).
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$37,695

$118,877-68.3%

$96,570-61.0%

$167,536-77.5%

Participation rate

80.0%

75.5%+4.5pp

69.8%+10.2pp

82.1%-2.1pp

Annual return

14.54%

50.50%-36.0pp

37.79%-23.3pp

478.82%-464.3pp

Employer contribution / active EE

$1,551

$3,121-50.3%

$2,357-34.2%

$4,839-68.0%

Participant deferral / active EE

$2,427

$4,617-47.4%

$3,849-37.0%

$6,342-61.7%

Admin fee / account holder

$8,069-100.0%

$6,182-100.0%

$12,315-100.0%

ARNALL GROCERY COMPANY 401(K) & PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

ARNALL GROCERY COMPANY 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