Retirement plan

CASHION'S FOOD MART, INC 401 K PROFIT SHARING PLAN

Name: CASHIONS FOOD MART, INC - CASHION'S FOOD MART, INC 401 K PROFIT SHARING PLAN (2016) Form 5500
Creator: CASHIONS FOOD MART, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CASHION'S FOOD MART, INC 401 K PROFIT SHARING PLAN, CASHIONS FOOD MART, INC

CASHIONS FOOD MART, INCEIN 56-0855241Plan #001PY 2016

P.O. BOX 520 - CORNELIUS, NC 28031704-892-8801LinkedIn11-50 employeessupermarkets

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$1.1M

+15.9% from 2015

Total participants

-6.3% from 2015

Average account balance

$39,966

-4.8% from 2015

Annual return

16.68%

+19.00 pp from 2015

Benchmarks

See 9,492 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,492 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.04M

Not enough data

1 years with asset history on file

Average account balance

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

$76K

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.

158.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$28K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+18.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13396

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 codes2E2J3D2G2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$41K

$1509 / participant

Other / not subdivided$41K100.0%

% of EOY assets

3.640%

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

$39,966

$48,364-17.4%

$71,796-44.3%

$62,881-36.4%

Participation rate

92.6%

60.6%+32.0pp

69.1%+23.5pp

69.3%+23.3pp

Annual return

16.68%

13.16%+3.5pp

78.04%-61.4pp

20.14%-3.5pp

Employer contribution / active EE

$1,180

$1,042+13.2%

$1,924-38.7%

$2,281-48.3%

Participant deferral / active EE

$2,091-100.0%

$2,794-100.0%

$3,203-100.0%

Admin fee / account holder

$1,455

$3,771-61.4%

$4,815-69.8%

$4,296-66.1%

CASHION'S FOOD MART, INC 401 K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CASHION'S FOOD MART, 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