Retirement plan

CHICKEN SALAD CHICK 401(K) PLAN

Name: SSRG HOLDINGS, LLC - CHICKEN SALAD CHICK 401(K) PLAN (2023) Form 5500
Creator: SSRG HOLDINGS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHICKEN SALAD CHICK 401(K) PLAN, SSRG HOLDINGS, LLC

SSRG HOLDINGS, LLCEIN 81-0810129Plan #001PY 2023

2839 PACES FERRY RD., STE 500 - ATLANTA, GA 30339470-588-0459

Prospect flagsHigh feesLow participationRecently reached 100 employees

How to read this page

Total assets (EOY)

$738K

+286.2% from 2022

Total participants

811

+26.5% from 2022

Average account balance

$6,712

+131.7% from 2022

Annual return

37.26%

+37.26 pp from 2022

Benchmarks

See 909 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants250-999

Cohort909 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.46M

Not enough data

1 years with asset history on file

Average account balance

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

$10K

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.

152

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.

9.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$691K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$590

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

+17.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$812

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

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS2+ years Filed as: TRANSAMERICA RETIREMENT SOLUTIONS,C Service code 15 · EIN 13-3689044	Recordkeeping	$7,117
ERISA SERVICES, INC.2+ years Service code 15 · EIN 62-1200951	Recordkeeping	$3,175
HENSSLER ASSET MANAGEMENT LLC2+ years Filed as: G. W. HENSSLER & ASSOCIATES, LTD Service code 27 · EIN 58-2189215	Advisory (Plan)	$2,136
RPA FINANCIAL, LLC1 year Service code 27 · EIN 58-8311433	Advisory (Plan)	$214
RELIANCE TRUST COMPANY2+ years Service code 19 · EIN 58-1428634	Securities Custodian	$200

Plan features & details

Pension benefit codes2A2E2J2K2F2G3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$63K

$80 / participant

Other / not subdivided$63K100.0%

% of EOY assets

8.571%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$6,712

$26,137-74.3%

$58,561-88.5%

$74,460-91.0%

Participation rate

11.3%

32.2%-20.9pp

50.9%-39.6pp

70.7%-59.5pp

Annual return

37.26%

32.53%+4.7pp

4251.33%-4214.1pp

34.38%+2.9pp

Employer contribution / active EE

$249

$537-53.6%

$1,053-76.3%

$2,638-90.5%

Participant deferral / active EE

$417

$1,076-61.2%

$1,923-78.3%

$4,530-90.8%

Admin fee / account holder

$575

$648-11.2%

$2,520-77.2%

$348+65.4%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS2+ years

Filed as: TRANSAMERICA RETIREMENT SOLUTIONS,C

Service code 15 · EIN 13-3689044

Recordkeeping

$7,117

ERISA SERVICES, INC.2+ years

Service code 15 · EIN 62-1200951

Recordkeeping

$3,175

HENSSLER ASSET MANAGEMENT LLC2+ years

Filed as: G. W. HENSSLER & ASSOCIATES, LTD

Service code 27 · EIN 58-2189215

Advisory (Plan)

$2,136

RPA FINANCIAL, LLC1 year

Service code 27 · EIN 58-8311433

Advisory (Plan)

$214

RELIANCE TRUST COMPANY2+ years

Service code 19 · EIN 58-1428634

Securities Custodian

$200

CHICKEN SALAD CHICK 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHICKEN SALAD CHICK 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