Retirement plan

PANE VINO ON THE AVENUE LLC 401(K) PROFIT SHARING PLAN & TRUST

Name: PANE VINO ON THE AVENUE LLC - PANE VINO ON THE AVENUE LLC 401(K) PROFIT SHARING PLAN & TRUST (2022) Form 5500
Creator: PANE VINO ON THE AVENUE LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PANE VINO ON THE AVENUE LLC 401(K) PROFIT SHARING PLAN & TRUST, PANE VINO ON THE AVENUE LLC

PANE VINO ON THE AVENUE LLCEIN 83-0555655Plan #001PY 2022

3400 MONROE AVE STE 1 - ROCHESTER, NY 14618585-329-6084panevinoontheriver175.comLinkedIn11-50 employeesrestaurants

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$32K

+27.1% from 2021

Total participants

+31.6% from 2021

Average account balance

$4,613

-9.2% from 2021

Annual return

-19.85%

-38.11 pp from 2021

Benchmarks

See 11,552 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants<25

Cohort11,552 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$62K

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.

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.

25.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$15K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$641

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

+20.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$451

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$232

$10 / participant

Other / not subdivided$232100.0%

% of EOY assets

0.718%

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

$4,613

$84,551-94.5%

$61,452-92.5%

$134,532-96.6%

Participation rate

21.7%

62.2%-40.5pp

52.6%-30.8pp

81.2%-59.5pp

Annual return

-19.85%

585.39%-605.2pp

338.96%-358.8pp

418.27%-438.1pp

Employer contribution / active EE

$1,545-100.0%

$1,160-100.0%

$4,741-100.0%

Participant deferral / active EE

$519

$2,818-81.6%

$2,125-75.6%

$6,401-91.9%

Admin fee / account holder

$33

$2,587-98.7%

$2,131-98.4%

$11,429-99.7%

PANE VINO ON THE AVENUE LLC 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PANE VINO ON THE AVENUE LLC 401(K) PROFIT SHARING PLAN & TRUST

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