Retirement plan

FACTORIAL RESTAURANT HOLDINGS LLC 401(K) PROFIT SHARING PLAN

Name: FACTORIAL RESTAURANT HOLDINGS LLC - FACTORIAL RESTAURANT HOLDINGS LLC 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: FACTORIAL RESTAURANT HOLDINGS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FACTORIAL RESTAURANT HOLDINGS LLC 401(K) PROFIT SHARING PLAN, FACTORIAL RESTAURANT HOLDINGS LLC

FACTORIAL RESTAURANT HOLDINGS LLCEIN 85-2920023Plan #001PY 2022

1400 MAPLE STREET - WESTERN SPRINGS, IL 60558214-534-6054

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$323K

-5.9% from 2021

Total participants

134

-7.6% from 2021

Average account balance

$17,018

+83.2% from 2021

Annual return

-13.12%

-62983.55 pp from 2021

Benchmarks

See 1,006 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort1,006 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-0.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 4 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION2 years Service code 13 · EIN 35-1140070 PO BOX 2248 · FORT WAYNE, IN 468012248	Contract Administrator	$4,257
JACKSON KELLY PLLC2 years Service code 15 · EIN 55-0394215 500 LEE ST E STE 1600 · CHARLESTON, WV 25301	Recordkeeping	$450
WELLS FARGO BANK, N.A.2 years Filed as: WELLS FARGO ADVISORS Service code 27 · EIN 48-1305000 ONE NORTH JEFFERSON AVE · ST. LOUIS, MO 63103	Advisory (Plan)	$344
HALL, MACGREGOR1 year Filed as: HALL FINANCIAL ADVISORS Service code 27 1101 ROSEMAR RD · PARKERSBURG, WV 26105	Advisory (Plan)	$79

Plan features & details

Pension benefit codes2E2J2K2F2G3D2T

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).

Expense breakdown

Schedule H Part II

Admin total

$5K

$39 / participant

Investment mgmt$5K100.0%

% of EOY assets

1.587%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SUTTLE & STALNAKER, PLLC
Auditor EIN: 550538163
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,018

$26,549-35.9%

$61,452-72.3%

$66,938-74.6%

Participation rate

11.5%

38.1%-26.5pp

52.6%-41.0pp

69.8%-58.3pp

Annual return

-13.12%

-16.21%+3.1pp

338.96%-352.1pp

1.58%-14.7pp

Employer contribution / active EE

$362

$651-44.4%

$1,160-68.7%

$2,545-85.8%

Participant deferral / active EE

$457

$1,338-65.9%

$2,125-78.5%

$4,238-89.2%

Admin fee / account holder

$270

$409-33.9%

$2,131-87.3%

$594-54.5%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION2 years

Service code 13 · EIN 35-1140070

PO BOX 2248 · FORT WAYNE, IN 468012248

Contract Administrator

$4,257

JACKSON KELLY PLLC2 years

Service code 15 · EIN 55-0394215

500 LEE ST E STE 1600 · CHARLESTON, WV 25301

Recordkeeping

$450

WELLS FARGO BANK, N.A.2 years

Filed as: WELLS FARGO ADVISORS

Service code 27 · EIN 48-1305000

ONE NORTH JEFFERSON AVE · ST. LOUIS, MO 63103

Advisory (Plan)

$344

HALL, MACGREGOR1 year

Filed as: HALL FINANCIAL ADVISORS

Service code 27

1101 ROSEMAR RD · PARKERSBURG, WV 26105

Advisory (Plan)

$79

FACTORIAL RESTAURANT HOLDINGS LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FACTORIAL RESTAURANT HOLDINGS LLC 401(K) PROFIT SHARING 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