Retirement plan

THE DAVE THOMAS FAMILY COMPANIES, LLC 401(K) PROFIT SHARING PLAN

Name: THE DAVE THOMAS FAMILY COMPANIES, LLC - THE DAVE THOMAS FAMILY COMPANIES, LLC 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: THE DAVE THOMAS FAMILY COMPANIES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE DAVE THOMAS FAMILY COMPANIES, LLC 401(K) PROFIT SHARING PLAN, THE DAVE THOMAS FAMILY COMPANIES, LLC

THE DAVE THOMAS FAMILY COMPANIES, LLCEIN 47-5504383Plan #001PY 2020

5131 POST RD., SUITE 203 - DUBLIN, OH 43017614-764-9495LinkedIn1001-5000 employeesrestaurants

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$9.3M

+16.3% from 2019

Total participants

606

-4.9% from 2019

Average account balance

$50,482

+43.5% from 2019

Annual return

12.07%

-6.09 pp from 2019

Benchmarks

See 690 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants250-999

Cohort690 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.86M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

168

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.

21.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$543K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$992

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

+10.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$199

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
NATIONWIDE5+ years Service code 15 · EIN 31-1592130 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$68,316
PENTEGRA SERVICES, INC.5+ years Filed as: APS PENTEGRA Service code 13 · EIN 13-3892096 6830 COMMERCE COURT DRIVE · BLACKLICK, OH 430049297	Contract Administrator	$25,934
SAGEPOINT FINANCIAL INC5+ years Filed as: SAGEPOINT FINANCIAL Service code 17 · EIN 20-1741754 2800 N. CENTRAL AVE · PHOENIX, AZ 850041834	Pension Consulting	$699

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

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

$92K

$160 / participant

Other / not subdivided$92K100.0%

% of EOY assets

0.994%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: PLANCHEC(K) CPAS
Auditor EIN: 842614035
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,482

$29,369+71.9%

$77,513-34.9%

$73,412-31.2%

Participation rate

26.9%

37.9%-11.1pp

54.2%-27.3pp

72.2%-45.3pp

Annual return

12.07%

358.15%-346.1pp

54.81%-42.7pp

59.30%-47.2pp

Employer contribution / active EE

$405

$406-0.3%

$987-59.0%

$2,234-81.9%

Participant deferral / active EE

$674

$941-28.4%

$1,861-63.8%

$3,806-82.3%

Admin fee / account holder

$502

$123+308.9%

$2,859-82.4%

$158+217.8%

Provider

Service type

Compensation

NATIONWIDE5+ years

Service code 15 · EIN 31-1592130

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$68,316

PENTEGRA SERVICES, INC.5+ years

Filed as: APS PENTEGRA

Service code 13 · EIN 13-3892096

6830 COMMERCE COURT DRIVE · BLACKLICK, OH 430049297

Contract Administrator

$25,934

SAGEPOINT FINANCIAL INC5+ years

Filed as: SAGEPOINT FINANCIAL

Service code 17 · EIN 20-1741754

2800 N. CENTRAL AVE · PHOENIX, AZ 850041834

Pension Consulting

$699

THE DAVE THOMAS FAMILY COMPANIES, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE DAVE THOMAS FAMILY COMPANIES, LLC 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