Retirement plan

MALCHO'S MANCHESTER MART 401(K) PLAN

Name: MALCHO'S MANCHESTER MART, INC. - MALCHO'S MANCHESTER MART 401(K) PLAN (2019) Form 5500
Creator: MALCHO'S MANCHESTER MART, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MALCHO'S MANCHESTER MART 401(K) PLAN, MALCHO'S MANCHESTER MART, INC.

MALCHO'S MANCHESTER MART, INC.EIN 82-3502984Plan #001PY 2019

63 WOODBURY PLACE - ROCHESTER, NY 14618585-721-8666

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$626K

+27.8% from 2018

Total participants

+14.0% from 2018

Average account balance

$48,122

+27.8% from 2018

Annual return

4.47%

+4.47 pp from 2018

Benchmarks

See 9,368 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,368 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.20M

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.

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.

40.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$219K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+17.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1080

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 codes2E2G2J3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$1K

$22 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.162%

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

$48,122

$58,512-17.8%

$84,020-42.7%

$72,983-34.1%

Participation rate

23.4%

61.2%-37.8pp

69.0%-45.6pp

69.5%-46.1pp

Annual return

4.47%

28.93%-24.5pp

71.31%-66.8pp

81.01%-76.5pp

Employer contribution / active EE

$722

$1,163-37.9%

$1,984-63.6%

$2,440-70.4%

Participant deferral / active EE

$1,708

$2,394-28.7%

$3,239-47.3%

$3,608-52.7%

Admin fee / account holder

$78

$4,569-98.3%

$6,101-98.7%

$5,124-98.5%

MALCHO'S MANCHESTER MART 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MALCHO'S MANCHESTER MART 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