Retirement plan

PRET A MANGER (USA) LTD. 401(K) PLAN

Name: PRET A MANGER (USA) LTD. - PRET A MANGER (USA) LTD. 401(K) PLAN (2019) Form 5500
Creator: PRET A MANGER (USA) LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PRET A MANGER (USA) LTD. 401(K) PLAN, PRET A MANGER (USA) LTD.

PRET A MANGER (USA) LTD.EIN 52-2191416Plan #001PY 2019

30 IRVING PLACE, 2ND FLOOR - NEW YORK, NY 10003646-728-0505LinkedIn11-50 employeesrestaurants

Prospect flagsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$3.7M

+14.1% from 2018

Total participants

1,585

-53.2% from 2018

Average account balance

$3,011

+184.1% from 2018

Annual return

19.78%

+29.31 pp from 2018

Benchmarks

See 284 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort284 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.97M

Not enough data

1 years with asset history on file

Average account balance

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

$10K

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.

200

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.

14.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$44K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$75

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

-6.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$49

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

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 codes2E2J2F2G3D

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.
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

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$148K

$100 / participant

Contract admin$148K100.0%

% of EOY assets

3.948%

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: GRASSI & CO., CPAS, P.C.
Auditor EIN: 113266576
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$3,011

$26,479-88.6%

$74,719-96.0%

$77,775-96.1%

Participation rate

76.8%

37.6%+39.1pp

54.5%+22.3pp

73.2%+3.5pp

Annual return

19.78%

38.31%-18.5pp

753.05%-733.3pp

32.58%-12.8pp

Employer contribution / active EE

$440-100.0%

$1,084-100.0%

$2,504-100.0%

Participant deferral / active EE

$884

$1,074-17.8%

$1,963-55.0%

$3,966-77.7%

Admin fee / account holder

$119

$119-0.1%

$3,334-96.4%

$100+18.8%

PRET A MANGER (USA) LTD. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRET A MANGER (USA) LTD. 401(K) 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