Retirement plan

SUSAN GAGE CATERER, INC. 401(K) PROFIT SHARING PLAN

Name: SUSAN GAGE CATERER, INC. - SUSAN GAGE CATERER, INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: SUSAN GAGE CATERER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUSAN GAGE CATERER, INC. 401(K) PROFIT SHARING PLAN, SUSAN GAGE CATERER, INC.

SUSAN GAGE CATERER, INC.EIN 52-1662870Plan #001PY 2020

7100 OLD LANDOVER ROAD, SUITE 200 - LANDOVER, MD 20785301-839-6900LinkedIn51-200 employeesrestaurants

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$10.3M

-9.3% from 2019

Total participants

170

+3.0% from 2019

Average account balance

$62,849

-9.9% from 2019

Annual return

12.33%

-7.43 pp from 2019

Benchmarks

See 881 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort881 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.24M

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

170

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$879K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+11.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$294

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 4 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY4 years Service code 13 · EIN 42-0127290	Contract Administrator	$21,576
MERRILL LYNCH PIERCE FENNER & SMITH1 year Service code 17 · EIN 13-5674085	Pension Consulting	$18,762
COASTAL PENSION SERVICES4 years Filed as: COASTAL PENSION SERVICES INC Service code 13 · EIN 52-1053785	Contract Administrator	$7,624
MERRILL LYNCH PIERCE FENNER & SMITH4 years Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 49 · EIN 13-2808480	Other Services	$6,022

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$40K

$306 / participant

Investment mgmt$9K23.3%
Contract admin$22K53.5%
Other / not subdivided$9K23.3%

% of EOY assets

0.391%

all-in expense ratio

Categories reported

2 / 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: SNYDER COHN, PC
Auditor EIN: 521022232
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$62,849

$35,986+74.6%

$77,552-19.0%

$73,497-14.5%

Participation rate

95.5%

40.8%+54.6pp

54.2%+41.3pp

70.7%+24.8pp

Annual return

12.33%

19.26%-6.9pp

54.82%-42.5pp

28.51%-16.2pp

Employer contribution / active EE

$1,241

$557+122.7%

$987+25.8%

$2,270-45.3%

Participant deferral / active EE

$2,109

$1,198+76.1%

$1,861+13.3%

$3,740-43.6%

Admin fee / account holder

$246

$466-47.2%

$2,859-91.4%

$513-52.1%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY4 years

Service code 13 · EIN 42-0127290

Contract Administrator

$21,576

MERRILL LYNCH PIERCE FENNER & SMITH1 year

Service code 17 · EIN 13-5674085

Pension Consulting

$18,762

COASTAL PENSION SERVICES4 years

Filed as: COASTAL PENSION SERVICES INC

Service code 13 · EIN 52-1053785

Contract Administrator

$7,624

MERRILL LYNCH PIERCE FENNER & SMITH4 years

Filed as: MERRILL LYNCH LIFE AGENCY INC

Service code 49 · EIN 13-2808480

Other Services

$6,022

SUSAN GAGE CATERER, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUSAN GAGE CATERER, INC. 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