Retirement plan

SUMPTER ENTERPRISES, INC 401(K) SAVINGS PLAN

Name: SUMPTER ENTERPRISES, INC - SUMPTER ENTERPRISES, INC 401(K) SAVINGS PLAN (2017) Form 5500
Creator: SUMPTER ENTERPRISES, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUMPTER ENTERPRISES, INC 401(K) SAVINGS PLAN, SUMPTER ENTERPRISES, INC

SUMPTER ENTERPRISES, INCEIN 59-2840309Plan #001PY 2017

1415 OSPREY LANDING DRIVE - LAKELAND, FL 33813863-937-6658LinkedIn11-50 employeesrestaurants

Prospect flagsLow assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$42K

+90.5% from 2016

Total participants

-10.5% from 2016

Average account balance

$3,504

+90.5% from 2016

Annual return

26.59%

+26.59 pp from 2016

Benchmarks

See 6,681 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants<25

Cohort6,681 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$143K

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$12K

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

+13.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20

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 codes2D2E2G2J3D

Plan features

2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
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.
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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$2K

$126 / participant

Other / not subdivided$2K100.0%

% of EOY assets

5.113%

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

$3,504

$107,030-96.7%

$73,550-95.2%

$147,586-97.6%

Participation rate

70.6%

66.4%+4.2pp

54.9%+15.7pp

82.8%-12.2pp

Annual return

26.59%

38.25%-11.7pp

-15.16%+41.8pp

578.59%-552.0pp

Employer contribution / active EE

$1,760-100.0%

$1,219-100.0%

$4,876-100.0%

Participant deferral / active EE

$953

$2,458-61.2%

$1,804-47.2%

$5,439-82.5%

Admin fee / account holder

$179

$3,055-94.1%

$2,320-92.3%

$10,886-98.4%

SUMPTER ENTERPRISES, INC 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUMPTER ENTERPRISES, INC 401(K) SAVINGS 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