Retirement plan

JAXSONS ICE CREAM PARLOUR REST 401(K) PROFIT SHARING PLAN & TRUST

Name: JAXSONS ICE CREAM PARLOUR REST - JAXSONS ICE CREAM PARLOUR REST 401(K) PROFIT SHARING PLAN & TRUST (2020) Form 5500
Creator: JAXSONS ICE CREAM PARLOUR REST
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JAXSONS ICE CREAM PARLOUR REST 401(K) PROFIT SHARING PLAN & TRUST, JAXSONS ICE CREAM PARLOUR REST

JAXSONS ICE CREAM PARLOUR RESTEIN 59-2364317Plan #001PY 2020

128 SOUTH FEDERAL HIGHWAY - DANIA BEACH, FL 33004954-923-4445

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$111K

+66.9% from 2019

Total participants

-16.4% from 2019

Average account balance

$18,465

+39.1% from 2019

Annual return

26.21%

-5.37 pp from 2019

Benchmarks

See 3,551 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants25-99

Cohort3,551 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$174K

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

12.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$194

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

+21.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1381

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 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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$44

$1 / participant

Other / not subdivided$44100.0%

% of EOY assets

0.040%

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

$18,465

$37,446-50.7%

$77,513-76.2%

$79,852-76.9%

Participation rate

10.7%

41.5%-30.8pp

54.2%-43.5pp

69.6%-58.9pp

Annual return

26.21%

39.76%-13.6pp

54.81%-28.6pp

31.72%-5.5pp

Employer contribution / active EE

$637-100.0%

$987-100.0%

$2,471-100.0%

Participant deferral / active EE

$482

$1,261-61.7%

$1,861-74.1%

$3,740-87.1%

Admin fee / account holder

$2,506-99.7%

$2,859-99.7%

$5,306-99.9%

JAXSONS ICE CREAM PARLOUR REST 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JAXSONS ICE CREAM PARLOUR REST 401(K) PROFIT SHARING 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