Retirement plan

LEWIS FOOD TOWN, INC. 401(K) PLAN

Name: LEWIS FOOD TOWN, INC. - LEWIS FOOD TOWN, INC. 401(K) PLAN (2020) Form 5500
Creator: LEWIS FOOD TOWN, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LEWIS FOOD TOWN, INC. 401(K) PLAN, LEWIS FOOD TOWN, INC.

LEWIS FOOD TOWN, INC.EIN 76-0432940Plan #002PY 2020

3131 PAWNEE - HOUSTON, TX 770543302713-746-3600LinkedIn11-50 employeesfood & beverages

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$17M

+10.8% from 2019

Total participants

457

-3.2% from 2019

Average account balance

$37,546

+12.3% from 2019

Annual return

11.16%

-7.53 pp from 2019

Benchmarks

See 1,285 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,285 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.44M

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

353

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.

21.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$847K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$640

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

+11.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$259

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 4 by compensation

Provider	Service type	Compensation
FONDREN OAKS CAPITAL MANAGEMENT2 years Filed as: FONDREN OAKS CAPITAL MGMT Service code 27 · EIN 82-3258348	Advisory (Plan)	$35,784
HAM, LANGSTON & BREZINA, LLP5+ years Filed as: HAM, LANGSTON & BREZINA, L.L.P. Service code 10 · EIN 76-0448495	Accounting	$23,086
RETIREMENT HORIZONS INC.5+ years Service code 15 · EIN 76-0551734	Recordkeeping	$9,033
MATRIX TRUST COMPANY1 year Filed as: MATRIX Service code 21	Bank Trustee	$55

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$113K

$284 / participant

Other / not subdivided$113K100.0%

% of EOY assets

0.666%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HAM, LANGSTON & BREZINA, L.L.P.
Auditor EIN: 760448495
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,546

$64,286-41.6%

$90,970-58.7%

$73,412-48.9%

Participation rate

98.7%

63.6%+35.2pp

69.0%+29.7pp

72.2%+26.6pp

Annual return

11.16%

21.46%-10.3pp

134.60%-123.4pp

59.30%-48.1pp

Employer contribution / active EE

$358

$895-60.0%

$2,122-83.1%

$2,234-84.0%

Participant deferral / active EE

$1,820

$2,453-25.8%

$3,373-46.0%

$3,806-52.2%

Admin fee / account holder

$250

$287-12.9%

$5,961-95.8%

$158+58.4%

Provider

Service type

Compensation

FONDREN OAKS CAPITAL MANAGEMENT2 years

Filed as: FONDREN OAKS CAPITAL MGMT

Service code 27 · EIN 82-3258348

Advisory (Plan)

$35,784

HAM, LANGSTON & BREZINA, LLP5+ years

Filed as: HAM, LANGSTON & BREZINA, L.L.P.

Service code 10 · EIN 76-0448495

Accounting

$23,086

RETIREMENT HORIZONS INC.5+ years

Service code 15 · EIN 76-0551734

Recordkeeping

$9,033

MATRIX TRUST COMPANY1 year

Filed as: MATRIX

Service code 21

Bank Trustee

$55

LEWIS FOOD TOWN, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LEWIS FOOD TOWN, INC. 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