Retirement plan

SHAKERS CONCH HOUSE 401 K PROFIT SHARING PLAN TRUST

Name: SHAKERS CONCH HOUSE - SHAKERS CONCH HOUSE 401 K PROFIT SHARING PLAN TRUST (2018) Form 5500
Creator: SHAKERS CONCH HOUSE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHAKERS CONCH HOUSE 401 K PROFIT SHARING PLAN TRUST, SHAKERS CONCH HOUSE

SHAKERS CONCH HOUSEEIN 65-0477586Plan #002PY 2018

10149 NW 22ND AVE - MIAMI, FL 331471764954-986-2669shakersconchhouse.comLinkedIn1-10 employeesrestaurants

Prospect flagsLow assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$13K

-4.7% from 2017

Total participants

-14.3% from 2017

Average account balance

$2,647

+14.4% from 2017

Annual return

-2.06%

-5.87 pp from 2017

Benchmarks

See 7,241 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants<25

Cohort7,241 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11K

Not enough data

1 years with asset history on file

Average account balance

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

$5K

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

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+8.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$24

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 codes2T2J3D2G2F2E

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 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

$609

$102 / participant

Other / not subdivided$609100.0%

% of EOY assets

4.602%

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

$2,647

$104,116-97.5%

$71,089-96.3%

$135,380-98.0%

Participation rate

83.3%

65.7%+17.7pp

54.6%+28.7pp

82.6%+0.7pp

Annual return

-2.06%

1256.51%-1258.6pp

650.65%-652.7pp

519.81%-521.9pp

Employer contribution / active EE

$1,485-100.0%

$1,088-100.0%

$4,779-100.0%

Participant deferral / active EE

$28

$2,524-98.9%

$1,873-98.5%

$5,609-99.5%

Admin fee / account holder

$122

$4,142-97.1%

$3,082-96.0%

$10,828-98.9%

SHAKERS CONCH HOUSE 401 K PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHAKERS CONCH HOUSE 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