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 (2021) 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 2021

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$10.1M

-1.7% from 2020

Total participants

154

-9.4% from 2020

Average account balance

$65,765

+4.6% from 2020

Annual return

12.71%

+0.38 pp from 2020

Benchmarks

See 3,927 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants25-99

Cohort3,927 peers

Snapshot2021

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 5 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH2 years Service code 17 · EIN 13-5674085	Pension Consulting	$28,827
PRINCIPAL LIFE INSURANCE COMPANY5 years Service code 13 · EIN 42-0127290	Contract Administrator	$22,494
SNYDER CAPITAL MANAGEMENT1 year Filed as: SNYDER COHN Service code 10 · EIN 52-1022232	Accounting	$12,500
COASTAL PENSION SERVICES5 years Filed as: COASTAL PENSION SERVICES INC Service code 13 · EIN 52-1053785	Contract Administrator	$7,822
MERRILL LYNCH PIERCE FENNER & SMITH5 years Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 49	Other Services	$23

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

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

$64K

$672 / participant

Investment mgmt$14K22.6%
Contract admin$35K54.8%
Other / not subdivided$14K22.6%

% of EOY assets

0.630%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SNYDER COHN, PC
Auditor EIN: 521022232
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$65,765

$39,036+68.5%

$80,784-18.6%

$85,851-23.4%

Participation rate

100.0%

41.6%+58.4pp

54.2%+45.8pp

69.3%+30.7pp

Annual return

12.71%

26.31%-13.6pp

87.31%-74.6pp

318.63%-305.9pp

Employer contribution / active EE

$1,502

$722+107.9%

$1,160+29.4%

$2,565-41.5%

Participant deferral / active EE

$2,148

$1,326+62.0%

$2,145+0.1%

$3,952-45.6%

Admin fee / account holder

$414

$2,429-82.9%

$3,380-87.7%

$6,261-93.4%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH2 years

Service code 17 · EIN 13-5674085

Pension Consulting

$28,827

PRINCIPAL LIFE INSURANCE COMPANY5 years

Service code 13 · EIN 42-0127290

Contract Administrator

$22,494

SNYDER CAPITAL MANAGEMENT1 year

Filed as: SNYDER COHN

Service code 10 · EIN 52-1022232

Accounting

$12,500

COASTAL PENSION SERVICES5 years

Filed as: COASTAL PENSION SERVICES INC

Service code 13 · EIN 52-1053785

Contract Administrator

$7,822

MERRILL LYNCH PIERCE FENNER & SMITH5 years

Filed as: MERRILL LYNCH LIFE AGENCY INC

Service code 49

Other Services

$23

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