Retirement plan

PIZZA WHOLESALE OF LEXINGTON, INC. 401(K)RETIREMENT SAVINGS PLAN

Name: PIZZA WHOLESALE OF LEXINGTON, INC. - PIZZA WHOLESALE OF LEXINGTON, INC. 401(K)RETIREMENT SAVINGS PLAN (2024) Form 5500
Creator: PIZZA WHOLESALE OF LEXINGTON, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PIZZA WHOLESALE OF LEXINGTON, INC. 401(K)RETIREMENT SAVINGS PLAN, PIZZA WHOLESALE OF LEXINGTON, INC.

PIZZA WHOLESALE OF LEXINGTON, INC.EIN 61-0967182Plan #001PY 2024

316 JIM HUNT WAY, P.O. BOX 757 - PARIS, KY 40362859-987-4743pizzawholesaleoflexington.comLinkedIn51-200 employeesconsumer goods

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$14.9M

+16.9% from 2023

Total participants

303

+3.1% from 2023

Average account balance

$49,384

-4.0% from 2023

Annual return

13.20%

-5.43 pp from 2023

Benchmarks

See 1,403 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,403 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.91M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

302

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.

99.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.83M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.20%

Not enough data

1 years with return on file

Admin fee / account holder

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

$335

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 3 by compensation

Provider	Service type	Compensation
MCF ADVISORS LLC5 years Filed as: MCF ADVISORS Service code 27 · EIN 20-0566061 50 E RIVERCENTER BLVD, STE 300 · COVINGTON, KY 41011	Advisory (Plan)	$38,166
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 · EIN 84-0467907 8515 E ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$10,668
BENEFITS ADMINISTRATORS, LLC10+ years Service code 13 · EIN 61-1291181 269 W MAIN STREET · LEXINGTON, KY 40507	Contract Administrator	$9,999

Plan features & details

Pension benefit codes2E2F2G2J2S2T2X3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

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

$101K

$405 / participant

Recordkeeping$25K24.7%
Investment mgmt$38K37.7%
Other / not subdivided$38K37.6%

% of EOY assets

0.679%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BESTEN & DIERUF, PLLC
Auditor EIN: 453048812
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$49,384

$89,465-44.8%

$165,100-70.1%

$77,762-36.5%

Participation rate

99.6%

78.6%+21.0pp

70.6%+29.0pp

Annual return

13.20%

28.86%-15.7pp

70.21%-57.0pp

31.27%-18.1pp

Employer contribution / active EE

$2,515

$2,565-1.9%

$4,348-42.2%

$2,728-7.8%

Participant deferral / active EE

$4,813

$4,904-1.9%

$6,035-20.2%

$4,651+3.5%

Admin fee / account holder

$335

$340-1.3%

$12,696-97.4%

$433-22.6%

Provider

Service type

Compensation

MCF ADVISORS LLC5 years

Filed as: MCF ADVISORS

Service code 27 · EIN 20-0566061

50 E RIVERCENTER BLVD, STE 300 · COVINGTON, KY 41011

Advisory (Plan)

$38,166

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64 · EIN 84-0467907

8515 E ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$10,668

BENEFITS ADMINISTRATORS, LLC10+ years

Service code 13 · EIN 61-1291181

269 W MAIN STREET · LEXINGTON, KY 40507

Contract Administrator

$9,999

PIZZA WHOLESALE OF LEXINGTON, INC. 401(K)RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PIZZA WHOLESALE OF LEXINGTON, INC. 401(K)RETIREMENT 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