Retirement plan

SAGE DINING SERVICES, INC. 401(K) PLAN & TRUST

Name: SAGE DINING SERVICES, INC. - SAGE DINING SERVICES, INC. 401(K) PLAN & TRUST (2017) Form 5500
Creator: SAGE DINING SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAGE DINING SERVICES, INC. 401(K) PLAN & TRUST, SAGE DINING SERVICES, INC.

SAGE DINING SERVICES, INC.EIN 52-1689755Plan #001PY 2017

1402 YORK ROAD, SUITE 100 - LUTHERVILLE, MD 21093410-339-3950sagedining.comLinkedIn1001-5000 employeesfood & beverages

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$23.1M

+23.0% from 2016

Total participants

2,087

+9.4% from 2016

Average account balance

$25,051

+4.2% from 2016

Annual return

15.09%

+18.37 pp from 2016

Benchmarks

See 279 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort279 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$63.64M

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

1,347

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.

42.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.04M

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

+12.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$99

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 1 by compensation

Provider	Service type	Compensation
INDEPENDENT FINANCIAL PARTNERS1 year Service code 26 · EIN 59-3331424 3030 N. ROCKY POINT · TAMPA, FL 336075907	Advisory (Participants)	$33,626

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

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

Expense breakdown

Schedule H Part II

Admin total

$4K

$2 / participant

Contract admin$4K100.0%

% of EOY assets

0.015%

all-in expense ratio

Categories reported

1 / 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: YOUNT, HYDE, & BARBOUR, P.C.
Auditor EIN: 541149263
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,051

$25,165-0.5%

$73,550-65.9%

$77,958-67.9%

Participation rate

35.6%

36.6%-1.0pp

54.9%-19.3pp

71.6%-36.0pp

Annual return

15.09%

18.12%-3.0pp

-15.16%+30.2pp

20.87%-5.8pp

Employer contribution / active EE

$584

$395+47.8%

$1,219-52.1%

$2,310-74.7%

Participant deferral / active EE

$962

$898+7.1%

$1,804-46.7%

$3,537-72.8%

Admin fee / account holder

$76-95.0%

$2,320-99.8%

$97-96.1%

Provider

Service type

Compensation

INDEPENDENT FINANCIAL PARTNERS1 year

Service code 26 · EIN 59-3331424

3030 N. ROCKY POINT · TAMPA, FL 336075907

Advisory (Participants)

$33,626

SAGE DINING SERVICES, INC. 401(K) PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAGE DINING SERVICES, INC. 401(K) PLAN & TRUST

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