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 (2022) 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 2022

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$168K

-36.5% from 2021

Total participants

-37.5% from 2021

Average account balance

$33,531

-11.0% from 2021

Annual return

-4.63%

-19.17 pp from 2021

Benchmarks

See 21,409 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort21,409 peers

Snapshot2022

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

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

$96K

$31992 / participant

Other / not subdivided$96K100.0%

% of EOY assets

57.247%

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

$33,531

$95,915-65.0%

$79,580-57.9%

$134,532-75.1%

Participation rate

100.0%

75.0%+25.0pp

69.5%+30.5pp

81.2%+18.8pp

Annual return

-4.63%

-2.71%-1.9pp

0.15%-4.8pp

418.27%-422.9pp

Employer contribution / active EE

$1,592

$3,129-49.1%

$2,413-34.0%

$4,741-66.4%

Participant deferral / active EE

$2,397

$4,693-48.9%

$3,985-39.9%

$6,401-62.6%

Admin fee / account holder

$19,195

$9,132+110.2%

$6,835+180.8%

$11,429+68.0%

ARNALL GROCERY COMPANY 401(K) & PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARNALL GROCERY COMPANY 401(K) & PROFIT SHARING 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