Retirement plan

JET FOOD STORES 401 K PLAN

Name: JET FOOD STORES OF GEORGIA, INC. - JET FOOD STORES 401 K PLAN (2020) Form 5500
Creator: JET FOOD STORES OF GEORGIA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JET FOOD STORES 401 K PLAN, JET FOOD STORES OF GEORGIA, INC.

JET FOOD STORES OF GEORGIA, INC.EIN 58-1162649Plan #001PY 2020

1106 SOUTH HARRIS STREET - SANDERSVILLE, GA 31082478-552-2588LinkedIn201-500 employeessupermarkets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$6.6M

+21.4% from 2019

Total participants

370

+1.1% from 2019

Average account balance

$51,306

+16.7% from 2019

Annual return

12.37%

-6.39 pp from 2019

Benchmarks

See 1,285 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,285 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.09M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

144

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.

28.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$733K

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

+11.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$144

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 10 of 21 by compensation

Provider	Service type	Compensation
FUTURE PLAN CONSULTING - FORT WAYNE2 years Filed as: FUTURE PLAN CONSULTING Service code 13	Contract Administrator	$3,311
MASSACHUSSETTS MUTUAL LIFE INSURANC3 years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$760
AMERICAN FUNDS4 years Service code 52 · EIN 94-6050854	Indirect Investment Fees	$0
COLUMBIA4 years Service code 52 · EIN 56-0906609	Indirect Investment Fees	$0
DELAWARE INVESTMENTS4 years Service code 52 · EIN 23-2869117	Indirect Investment Fees	$0
DELAWARE INVESTMENTS1 year Filed as: DELWARE INVESTMENTS Service code 52	Indirect Investment Fees	$0
ENVESTNET RETIREMENT SOLUTIONS, LLC3 years Filed as: ENVESTNET RET Service code 27	Advisory (Plan)	$0
ENVESTNET RETIREMENT SOLUTIONS, LLC3 years Filed as: ENVESTNET RETIREMENT SOL Service code 27 · EIN 61-1732930	Advisory (Plan)	$0
FRANKLIN TEMPLETON4 years Service code 52 · EIN 59-6865210	Indirect Investment Fees	$0
FUTURE PLAN CONSULTING - FORT WAYNE1 year Service code 13 · EIN 11-3665754	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$760

$2 / participant

Contract admin$760100.0%

% of EOY assets

0.012%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: TJS DEEMER DANA, LLP
Auditor EIN: 582663273
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,306

$64,286-20.2%

$90,965-43.6%

$73,412-30.1%

Participation rate

30.1%

63.6%-33.5pp

69.0%-39.0pp

72.2%-42.1pp

Annual return

12.37%

21.46%-9.1pp

134.57%-122.2pp

59.30%-46.9pp

Employer contribution / active EE

$526

$895-41.2%

$2,122-75.2%

$2,234-76.5%

Participant deferral / active EE

$1,196

$2,453-51.3%

$3,373-64.6%

$3,806-68.6%

Admin fee / account holder

$287-97.9%

$5,960-99.9%

$158-96.2%

Provider

Service type

Compensation

FUTURE PLAN CONSULTING - FORT WAYNE2 years

Filed as: FUTURE PLAN CONSULTING

Service code 13

Contract Administrator

$3,311

MASSACHUSSETTS MUTUAL LIFE INSURANC3 years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$760

AMERICAN FUNDS4 years

Service code 52 · EIN 94-6050854

Indirect Investment Fees

COLUMBIA4 years

Service code 52 · EIN 56-0906609

Indirect Investment Fees

DELAWARE INVESTMENTS4 years

Service code 52 · EIN 23-2869117

Indirect Investment Fees

DELAWARE INVESTMENTS1 year

Filed as: DELWARE INVESTMENTS

Service code 52

Indirect Investment Fees

ENVESTNET RETIREMENT SOLUTIONS, LLC3 years

Filed as: ENVESTNET RET

Service code 27

Advisory (Plan)

ENVESTNET RETIREMENT SOLUTIONS, LLC3 years

Filed as: ENVESTNET RETIREMENT SOL

Service code 27 · EIN 61-1732930

Advisory (Plan)

FRANKLIN TEMPLETON4 years

Service code 52 · EIN 59-6865210

Indirect Investment Fees

FUTURE PLAN CONSULTING - FORT WAYNE1 year

Service code 13 · EIN 11-3665754

Contract Administrator

JET FOOD STORES 401 K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JET FOOD STORES 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