Retirement plan

GOOD FOOD STORE, INC. 401(K) PROFIT SHARING PLAN

Name: GOOD FOOD STORE, INC. - GOOD FOOD STORE, INC. 401(K) PROFIT SHARING PLAN (2021) Form 5500
Creator: GOOD FOOD STORE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GOOD FOOD STORE, INC. 401(K) PROFIT SHARING PLAN, GOOD FOOD STORE, INC.

GOOD FOOD STORE, INC.EIN 81-0468070Plan #001PY 2021

1600 S. THIRD STREET W. - MISSOULA, MT 59801406-728-5823goodfoodstore.comLinkedIn201-500 employeesretail

Prospect flagsLow returnsLow participant contribution

How to read this page

Total assets (EOY)

$8.2M

+19.1% from 2020

Total participants

237

-7.4% from 2020

Average account balance

$35,329

+26.3% from 2020

Annual return

10.66%

+2.88 pp from 2020

Benchmarks

See 2,170 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,170 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.55M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

194

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.

96.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.13M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+11.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$105

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 2 by compensation

Provider	Service type	Compensation
STOCKMAN WEALTH MANAGEMENT5 years Service code 27 · EIN 33-1028994	Advisory (Plan)	$29,016
CHARLES SCHWAB & CO., INC.1 year Service code 53 · EIN 94-1737782	Insurance Commissions	$303

Plan features & details

Pension benefit codes2E2J3D2H2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$40K

$289 / participant

Investment mgmt$40K100.0%

% of EOY assets

0.488%

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: BOYLE, DEVENY, & MEYER, PC
Auditor EIN: 810390489
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,329

$59,220-40.3%

$96,570-63.4%

$79,391-55.5%

Participation rate

97.1%

61.9%+35.2pp

69.8%+27.3pp

70.7%+26.4pp

Annual return

10.66%

27.08%-16.4pp

37.79%-27.1pp

116.88%-106.2pp

Employer contribution / active EE

$5,755

$1,216+373.2%

$2,357+144.2%

$2,428+137.1%

Participant deferral / active EE

$1,242

$2,948-57.9%

$3,849-67.7%

$4,046-69.3%

Admin fee / account holder

$172

$659-73.8%

$6,182-97.2%

$627-72.5%

Provider

Service type

Compensation

STOCKMAN WEALTH MANAGEMENT5 years

Service code 27 · EIN 33-1028994

Advisory (Plan)

$29,016

CHARLES SCHWAB & CO., INC.1 year

Service code 53 · EIN 94-1737782

Insurance Commissions

$303

GOOD FOOD STORE, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GOOD FOOD STORE, INC. 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