Retirement plan

LEWIS FOOD TOWN, INC. 401(K) PLAN

Name: LEWIS FOOD TOWN, INC. - LEWIS FOOD TOWN, INC. 401(K) PLAN (2021) 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 2021

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

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$17.6M

+3.6% from 2020

Total participants

496

+8.5% from 2020

Average account balance

$43,093

+14.8% from 2020

Annual return

13.98%

+2.81 pp from 2020

Benchmarks

See 1,264 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,264 peers

Snapshot2021

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 MANAGEMENT3 years Filed as: FONDREN OAKS CAPITAL MGMT Service code 27 · EIN 82-3258348	Advisory (Plan)	$0
HAM, LANGSTON & BREZINA, LLP6+ years Filed as: HAM, LANGSTON & BREZINA, L.L.P. Service code 10 · EIN 76-0448495	Accounting	$0
MATRIX TRUST COMPANY2 years Filed as: MATRIX Service code 21	Bank Trustee	$0
RETIREMENT HORIZONS INC.6+ years Service code 15 · EIN 76-0551734	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2F2G2J2T2T3D

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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$114K

$308 / participant

Other / not subdivided$114K100.0%

% of EOY assets

0.647%

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 LLP
Auditor EIN: 760448495
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,093

$50,956-15.4%

$96,570-55.4%

$86,821-50.4%

Participation rate

76.2%

65.2%+11.0pp

69.8%+6.4pp

72.3%+3.9pp

Annual return

13.98%

21.27%-7.3pp

37.79%-23.8pp

97.94%-84.0pp

Employer contribution / active EE

$357

$1,111-67.9%

$2,357-84.9%

$2,406-85.2%

Participant deferral / active EE

$1,957

$2,954-33.8%

$3,849-49.2%

$4,132-52.6%

Admin fee / account holder

$279

$166+68.1%

$6,182-95.5%

$170+64.5%

Provider

Service type

Compensation

FONDREN OAKS CAPITAL MANAGEMENT3 years

Filed as: FONDREN OAKS CAPITAL MGMT

Service code 27 · EIN 82-3258348

Advisory (Plan)

HAM, LANGSTON & BREZINA, LLP6+ years

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

Service code 10 · EIN 76-0448495

Accounting

MATRIX TRUST COMPANY2 years

Filed as: MATRIX

Service code 21

Bank Trustee

RETIREMENT HORIZONS INC.6+ years

Service code 15 · EIN 76-0551734

Recordkeeping

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