Retirement plan

THE HOLLYWOOD CHICK-FIL-A 401(K) PLAN

Name: THE HOLLYWOOD CHICK-FIL-A - THE HOLLYWOOD CHICK-FIL-A 401(K) PLAN (2022) Form 5500
Creator: THE HOLLYWOOD CHICK-FIL-A
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE HOLLYWOOD CHICK-FIL-A 401(K) PLAN, THE HOLLYWOOD CHICK-FIL-A

THE HOLLYWOOD CHICK-FIL-AEIN 81-3069284Plan #001PY 2022

6750 WEST SUNSET BLVD. - LOS ANGELES, CA 90028323-533-0214

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$292K

No prior year

Total participants

No prior year

Average account balance

$3,284

No prior year

Annual return

-18.69%

No prior year

Benchmarks

See 4,973 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants25-99

Cohort4,973 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$428K

Not enough data

1 years with asset history on file

Average account balance

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

$6K

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.

90.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$105K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+9.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1324

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 codes2F2G2J2T3D

Plan features

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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$29K

$332 / participant

Other / not subdivided$29K100.0%

% of EOY assets

9.878%

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

$3,284

$27,632-88.1%

$61,399-94.7%

$68,495-95.2%

Participation rate

97.7%

39.5%+58.2pp

52.6%+45.1pp

67.9%+29.8pp

Annual return

-18.69%

-13.24%-5.5pp

338.81%-357.5pp

-7.84%-10.9pp

Employer contribution / active EE

$659

$696-5.3%

$1,159-43.2%

$2,596-74.6%

Participant deferral / active EE

$265

$1,264-79.0%

$2,124-87.5%

$4,028-93.4%

Admin fee / account holder

$324

$2,010-83.9%

$2,131-84.8%

$5,403-94.0%

THE HOLLYWOOD CHICK-FIL-A 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE HOLLYWOOD CHICK-FIL-A 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