Retirement plan

SPICE OF INDIA 401K PLAN

Name: MARUTI INTERNATIONAL FOODS, INC. D/B/A SPICE OF INDIA - SPICE OF INDIA 401K PLAN (2024) Form 5500
Creator: MARUTI INTERNATIONAL FOODS, INC. D/B/A SPICE OF INDIA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SPICE OF INDIA 401K PLAN, MARUTI INTERNATIONAL FOODS, INC. D/B/A SPICE OF INDIA

MARUTI INTERNATIONAL FOODS, INC. D/B/A SPICE OF INDIAEIN 83-0785051Plan #001PY 2024

6076 OKEECHOBEE BLVD., SUITE #16-19 - WEST PALM BEACH, FL 33417561-766-2624

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$293K

+12.7% from 2023

Total participants

+53.8% from 2023

Average account balance

$17,213

-13.8% from 2023

Annual return

-17.45%

-43.52 pp from 2023

Benchmarks

See 22,372 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort22,372 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$293K

Not enough data

1 years with asset history on file

Average account balance

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

$17K

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.

154.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$78K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

-17.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$123

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 codes2E2F2G2H2J

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.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$2K

$190 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.715%

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

$17,213

$111,814-84.6%

$93,654-81.6%

$145,959-88.2%

Participation rate

72.7%

74.2%-1.5pp

68.7%+4.0pp

80.3%-7.6pp

Annual return

-17.45%

203.30%-220.7pp

133.34%-150.8pp

561.95%-579.4pp

Employer contribution / active EE

$849

$3,092-72.5%

$2,421-64.9%

$4,661-81.8%

Participant deferral / active EE

$6,273

$4,914+27.6%

$4,413+42.2%

$6,689-6.2%

Admin fee / account holder

$123

$10,246-98.8%

$8,282-98.5%

$13,398-99.1%

SPICE OF INDIA 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SPICE OF INDIA 401K 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