Retirement plan

SUPERIOR FOOD BROKERAGE, L.L.C. CASH OR DEFERRED PROFIT SHARING PLAN

Name: SUPERIOR FOOD BROKERAGE, L.L.C. - SUPERIOR FOOD BROKERAGE, L.L.C. CASH OR DEFERRED PROFIT SHARING PLAN (2021) Form 5500
Creator: SUPERIOR FOOD BROKERAGE, L.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUPERIOR FOOD BROKERAGE, L.L.C. CASH OR DEFERRED PROFIT SHARING PLAN, SUPERIOR FOOD BROKERAGE, L.L.C.

SUPERIOR FOOD BROKERAGE, L.L.C.EIN 52-1802615Plan #002PY 2021

PO BOX 607 - BEL AIR, MD 210140607410-337-3611LinkedIn11-50 employeescomputer software

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$2.1M

-19.8% from 2020

Total participants

-4.2% from 2020

Average account balance

$100,483

-8.4% from 2020

Annual return

7.20%

-6.77 pp from 2020

Benchmarks

See 22,593 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,593 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.11M

Not enough data

1 years with asset history on file

Average account balance

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

$101K

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.

161.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$134K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+9.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$24001

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 codes2E2J2F2G2T3D

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$851K

$53168 / participant

Other / not subdivided$851K100.0%

% of EOY assets

40.314%

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

$100,483

$176,838-43.2%

$146,685-31.5%

$167,518-40.0%

Participation rate

87.5%

83.6%+3.9pp

80.1%+7.4pp

82.1%+5.4pp

Annual return

7.20%

24.04%-16.8pp

22.75%-15.5pp

478.71%-471.5pp

Employer contribution / active EE

$2,173

$5,161-57.9%

$4,137-47.5%

$4,838-55.1%

Participant deferral / active EE

$6,435

$6,441-0.1%

$5,507+16.9%

$6,342+1.5%

Admin fee / account holder

$40,509

$13,262+205.5%

$10,281+294.0%

$12,312+229.0%

SUPERIOR FOOD BROKERAGE, L.L.C. CASH OR DEFERRED PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUPERIOR FOOD BROKERAGE, L.L.C. CASH OR DEFERRED 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