Retirement plan

FRONT RANGE RESTAURANTS 401(K) PLAN

Name: FRONT RANGE RESTAURANT MANAGEMENT, INC. - FRONT RANGE RESTAURANTS 401(K) PLAN (2018) Form 5500
Creator: FRONT RANGE RESTAURANT MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FRONT RANGE RESTAURANTS 401(K) PLAN, FRONT RANGE RESTAURANT MANAGEMENT, INC.

FRONT RANGE RESTAURANT MANAGEMENT, INC.EIN 84-1128044Plan #001PY 2018

109 N COLLEGE AVE STE 220 - FORT COLLINS, CO 805242605970-266-2612LinkedIn51-200 employeesrestaurants

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$1.4M

-11.2% from 2017

Total participants

-2.0% from 2017

Average account balance

$25,303

-12.8% from 2017

Annual return

-9.29%

-29.30 pp from 2017

Benchmarks

See 3,192 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants25-99

Cohort3,192 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.59M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

61.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$272K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+14.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3993

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

Top 1 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290	Contract Administrator	$5,488

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.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$5K

$70 / participant

Contract admin$5K100.0%

% of EOY assets

0.387%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: SOUKUP BUSH & ASSOCIATES, PC
Auditor EIN: 841128248
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,303

$32,117-21.2%

$71,089-64.4%

$64,173-60.6%

Participation rate

47.4%

42.7%+4.7pp

54.6%-7.2pp

69.6%-22.1pp

Annual return

-9.29%

-5.57%-3.7pp

650.65%-659.9pp

7.63%-16.9pp

Employer contribution / active EE

$1,169

$712+64.2%

$1,088+7.5%

$2,381-50.9%

Participant deferral / active EE

$1,579

$1,263+25.0%

$1,873-15.7%

$3,470-54.5%

Admin fee / account holder

$98

$2,759-96.4%

$3,082-96.8%

$4,887-98.0%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY4+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$5,488

FRONT RANGE RESTAURANTS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FRONT RANGE RESTAURANTS 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