Retirement plan

CAFE RIO, INC. 401(K) PLAN

Name: CAFE RIO, INC. - CAFE RIO, INC. 401(K) PLAN (2020) Form 5500
Creator: CAFE RIO, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAFE RIO, INC. 401(K) PLAN, CAFE RIO, INC.

CAFE RIO, INC.EIN 84-1417768Plan #002PY 2020

215 NORTH ADMIRAL BYRD RD., SUITE 100 - SALT LAKE CITY, UT 84116801-441-5000triodining.comLinkedIn51-200 employeesprimary/secondary education

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$9.1M

+35.3% from 2019

Total participants

2,295

+26.1% from 2019

Average account balance

$10,798

-4.6% from 2019

Annual return

19.44%

-10.85 pp from 2019

Benchmarks

See 247 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort247 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.69M

Not enough data

1 years with asset history on file

Average account balance

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

$21K

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.

810

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.

15.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.62M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$776

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

+14.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$139

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
SAGEPOINT FINANCIAL INC3 years Filed as: RESOURCE INVESTMENT ADVSRS Service code 26 · EIN 43-1451524	Advisory (Participants)	$25,970
AMERICAN UNITED LIFE INSURANCE CO3 years Service code 38 · EIN 35-0145825	Participant Communication	$21,061

Plan features & details

Pension benefit codes2E2G2J2T3D2F2K

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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).

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: LARSON & COMPANY, PC
Auditor EIN: 870516083
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$10,798

$29,516-63.4%

$77,552-86.1%

$90,274-88.0%

Participation rate

24.0%

33.7%-9.7pp

54.2%-30.2pp

73.4%-49.4pp

Annual return

19.44%

231.18%-211.7pp

54.82%-35.4pp

53.97%-34.5pp

Employer contribution / active EE

$343

$381-9.8%

$987-65.2%

$2,523-86.4%

Participant deferral / active EE

$642

$944-32.0%

$1,861-65.5%

$4,231-84.8%

Admin fee / account holder

$106-100.0%

$2,859-100.0%

$114-100.0%

Provider

Service type

Compensation

SAGEPOINT FINANCIAL INC3 years

Filed as: RESOURCE INVESTMENT ADVSRS

Service code 26 · EIN 43-1451524

Advisory (Participants)

$25,970

AMERICAN UNITED LIFE INSURANCE CO3 years

Service code 38 · EIN 35-0145825

Participant Communication

$21,061

CAFE RIO, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

CAFE RIO, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion