Retirement plan

HI-NABOR SUPERMARKET, INC. PROFIT SHARING 401K PLAN

Name: HI NABOR SUPERMARKET, INC. - HI-NABOR SUPERMARKET, INC. PROFIT SHARING 401K PLAN (2022) Form 5500
Creator: HI NABOR SUPERMARKET, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HI-NABOR SUPERMARKET, INC. PROFIT SHARING 401K PLAN, HI NABOR SUPERMARKET, INC.

HI NABOR SUPERMARKET, INC.EIN 72-0655409Plan #002PY 2022

7201 WINBOURNE AVENUE - BATON ROUGE, LA 708055536225-357-1448

Other plans on this EIN

1 filing

#003Retirement-$13.9M assets

Prospect flagsHigh retiree %Failed to transmit contributions

How to read this page

Total assets (EOY)

$7.1M

-13.8% from 2021

Total participants

218

+2.3% from 2021

Average account balance

$36,272

-18.2% from 2021

Annual return

-14.66%

-25.49 pp from 2021

Benchmarks

See 2,204 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,204 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.85M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

232

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.

84.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$486K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$276

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 1 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL3 years Filed as: FIDELITY INVESTMENTS Service code 51 P O BOX 770001 · CINCINNATI, OH 452770002	Investment Mgmt Fees	$56,424

Plan features & details

Pension benefit codes2E2J2K

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.

Opportunity flags

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$57K

$388 / participant

Investment mgmt$56K98.9%
Other / not subdivided$6251.1%

% of EOY assets

0.798%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: EISNERAMPER LLP
Auditor EIN: 871363769
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$36,272

$49,471-26.7%

$79,583-54.4%

$66,949-45.8%

Participation rate

85.7%

61.4%+24.4pp

69.5%+16.2pp

69.8%+15.9pp

Annual return

-14.66%

84.30%-99.0pp

0.16%-14.8pp

1.57%-16.2pp

Employer contribution / active EE

$1,088

$1,266-14.1%

$2,414-54.9%

$2,545-57.3%

Participant deferral / active EE

$1,673

$3,160-47.0%

$3,986-58.0%

$4,239-60.5%

Admin fee / account holder

$290

$595-51.3%

$6,835-95.8%

$594-51.2%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL3 years

Filed as: FIDELITY INVESTMENTS

Service code 51

P O BOX 770001 · CINCINNATI, OH 452770002

Investment Mgmt Fees

$56,424

HI-NABOR SUPERMARKET, INC. PROFIT SHARING 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HI-NABOR SUPERMARKET, INC. PROFIT SHARING 401K 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