Retirement plan

SWEETMILL FOOD COMPANY INC 401 K PROFIT SHARING PLAN TRUST

Name: SWEETMILL FOOD COMPANY INC - SWEETMILL FOOD COMPANY INC 401 K PROFIT SHARING PLAN TRUST (2016) Form 5500
Creator: SWEETMILL FOOD COMPANY INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SWEETMILL FOOD COMPANY INC 401 K PROFIT SHARING PLAN TRUST, SWEETMILL FOOD COMPANY INC

SWEETMILL FOOD COMPANY INCEIN 81-0549831Plan #001PY 2016

2915 KERNER BLVD STE H - SAN RAFAEL, CA 949015518415-456-4422sweetmillfoodco.comLinkedIn1-10 employeesfood & beverages

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$277K

No prior year

Total participants

No prior year

Average account balance

$25,182

No prior year

Annual return

8.54%

No prior year

Benchmarks

See 6,181 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants<25

Cohort6,181 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$523K

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.

62.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$64K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+14.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$36

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 codes2E2F2G2J2T3D

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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$25,182

$103,949-75.8%

$69,182-63.6%

$273,972-90.8%

Participation rate

88.9%

67.4%+21.5pp

55.1%+33.8pp

83.0%+5.9pp

Annual return

8.54%

35.28%-26.7pp

-21.93%+30.5pp

41.46%-32.9pp

Employer contribution / active EE

$1,531

$1,783-14.1%

$1,206+26.9%

$4,869-68.6%

Participant deferral / active EE

$2,650

$2,716-2.4%

$1,897+39.7%

$5,287-49.9%

Admin fee / account holder

$3,671-100.0%

$2,697-100.0%

$10,133-100.0%

SWEETMILL FOOD COMPANY INC 401 K PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

SWEETMILL FOOD COMPANY INC 401 K PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion