Retirement plan

ROYAL PACIFIC FOOD 401(K) PROFIT SHARING PLAN

Name: FOOD MARKET MANAGEMENT, INC. DBA ROYAL PACIFIC FOOD - ROYAL PACIFIC FOOD 401(K) PROFIT SHARING PLAN (2015) Form 5500
Creator: FOOD MARKET MANAGEMENT, INC. DBA ROYAL PACIFIC FOOD
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROYAL PACIFIC FOOD 401(K) PROFIT SHARING PLAN, FOOD MARKET MANAGEMENT, INC. DBA ROYAL PACIFIC FOOD

FOOD MARKET MANAGEMENT, INC. DBA ROYAL PACIFIC FOODEIN 68-0226621Plan #001PY 2015

215 REINDOLLAR AVE. - MARINA, CA 93933831-582-2494LinkedIn11-50 employeesfood production

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$652K

No prior year

Total participants

No prior year

Average account balance

$31,029

No prior year

Annual return

-0.48%

No prior year

Benchmarks

See 2,631 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort2,631 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.68M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

236.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$268K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+10.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9816

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 codes2E2G2J2R3D

Plan features

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

$10K

$546 / participant

Other / not subdivided$10K100.0%

% of EOY assets

1.593%

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

$31,029

$87,705-64.6%

$63,517-51.1%

$125,393-75.3%

Participation rate

78.9%

77.0%+1.9pp

71.0%+7.9pp

83.2%-4.2pp

Annual return

-0.48%

21.70%-22.2pp

-70.30%+69.8pp

282.23%-282.7pp

Employer contribution / active EE

$3,132

$3,601-13.0%

$2,322+34.9%

$4,866-35.6%

Participant deferral / active EE

$4,496

$3,939+14.1%

$2,953+52.2%

$5,351-16.0%

Admin fee / account holder

$494

$11,948-95.9%

$5,892-91.6%

$9,541-94.8%

ROYAL PACIFIC FOOD 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROYAL PACIFIC FOOD 401(K) PROFIT SHARING 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