Retirement plan

CLASSIC KITCHENS OF SOUTH FLORIDA, INC. PROFIT SHARING & 401(K) PLAN

Name: CLASSIC KITCHENS OF SOUTH FLORIDA, INC. - CLASSIC KITCHENS OF SOUTH FLORIDA, INC. PROFIT SHARING & 401(K) PLAN (2018) Form 5500
Creator: CLASSIC KITCHENS OF SOUTH FLORIDA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CLASSIC KITCHENS OF SOUTH FLORIDA, INC. PROFIT SHARING & 401(K) PLAN, CLASSIC KITCHENS OF SOUTH FLORIDA, INC.

CLASSIC KITCHENS OF SOUTH FLORIDA, INC.EIN 65-0296338Plan #001PY 2018

4900 LYONS TECHNOLOGY PARKWAY, UNIT# 10 - COCONUT CREEK, FL 33073954-354-0352

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$2.2M

+4.9% from 2017

Total participants

-14.3% from 2017

Average account balance

$363,276

+22.3% from 2017

Annual return

1.81%

+2.62 pp from 2017

Benchmarks

See 38,940 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort38,940 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.56M

Not enough data

1 years with asset history on file

Average account balance

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

$259K

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.

66.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$93K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+16.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$17879

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 codes2G2J3D

Plan features

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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$4K

$612 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.169%

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

$363,276

$97,732+271.7%

$83,831+333.3%

$135,380+168.3%

Participation rate

100.0%

80.0%+20.0pp

76.1%+23.9pp

82.6%+17.4pp

Annual return

1.81%

1287.56%-1285.7pp

850.99%-849.2pp

519.81%-518.0pp

Employer contribution / active EE

$2,139

$4,222-49.3%

$3,631-41.1%

$4,779-55.2%

Participant deferral / active EE

$9,025

$4,683+92.7%

$4,082+121.1%

$5,609+60.9%

Admin fee / account holder

$612

$6,675-90.8%

$5,479-88.8%

$10,828-94.3%

CLASSIC KITCHENS OF SOUTH FLORIDA, INC. PROFIT SHARING & 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CLASSIC KITCHENS OF SOUTH FLORIDA, INC. PROFIT SHARING & 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