Retirement plan

BASHAS' EMPLOYEES DEFINED BENEFIT PENSION PLAN AND TRUST

Name: RALEY'S ARIZONA LLC - BASHAS' EMPLOYEES DEFINED BENEFIT PENSION PLAN AND TRUST (2024) Form 5500
Creator: RALEY'S ARIZONA LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BASHAS' EMPLOYEES DEFINED BENEFIT PENSION PLAN AND TRUST, RALEY'S ARIZONA LLC

RALEY'S ARIZONA LLCEIN 87-2167964Plan #001PY 2024

500 W CAPITOL AVE - WEST SACRAMENTO, CA 95605916-373-6396

Prospect flagsHigh retiree %Low returnsLow employer contributionWind-down / frozen

How to read this page

Total assets (EOY)

$127.5M

-8.5% from 2023

Total participants

4,265

-4.9% from 2023

Average account balance

No prior year

Annual return

-2.44%

-7.55 pp from 2023

Benchmarks

See 33 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined benefit

Participants1,000-4,999

Cohort33 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$127.47M

Not enough data

1 years with asset history on file

Average account balance

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

$30K

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.

3,016

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.

0.0%

Not enough data

1 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

-2.44%

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

1 years with F_SCH_H allocation on file

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
USI CONSULTING GROUP3 years Service code 11 · EIN 06-1053228	Actuarial	$521,124
PRINCIPAL LIFE INSURANCE COMPANY3 years Filed as: PRINCIPAL TRUST COMPANY Service code 15 · EIN 51-0099493	Recordkeeping	$190,449
MOSS ADAMS LLP1 year Service code 10 · EIN 91-0189318 999 THIRD AVE · SEATTLE, WA 98104	Accounting	$31,520
ONEDIGITAL INVESTMENT ADVISORS LLC1 year Filed as: ONEDIGITAL INVESTMENT ADVISORS Service code 28 · EIN 43-1451524 11101 SWITZER RD · OVERLAND PARK, KS 66210	Investment Management	$29,167

Enrolled actuary

1 attachment

See 1 actuary disclosure. $4.99 for your first month.

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Plan features & details

Pension benefit codes1B1C1I

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
1C
Cash balance or similar plan
A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
1I
Frozen plan
As of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.

Opportunity flags

4 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II

Admin total

$1.8M

$1403 / participant

Trustee / custodial$1K0.1%
Investment mgmt$218K12.5%
Actuarial$73K4.2%
Contract admin$448K25.6%
Other / not subdivided$1M57.7%

% of EOY assets

1.375%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: BAKER TILLY US LLP
Auditor EIN: 301413443
Audit fees: $33,620
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$179,823-100.0%

Participation rate

0.0%

0.0%0pp

42.1%-42.1pp

0.0%0pp

Annual return

-2.44%

17.72%-20.2pp

148.21%-150.6pp

9.30%-11.7pp

Employer contribution / active EE

$3,186-100.0%

$26,792-100.0%

$12,557-100.0%

Participant deferral / active EE

$2,867-100.0%

$63-100.0%

$2,867-100.0%

Admin fee / account holder

$1,660-100.0%

Provider

Service type

Compensation

USI CONSULTING GROUP3 years

Service code 11 · EIN 06-1053228

Actuarial

$521,124

PRINCIPAL LIFE INSURANCE COMPANY3 years

Filed as: PRINCIPAL TRUST COMPANY

Service code 15 · EIN 51-0099493

Recordkeeping

$190,449

MOSS ADAMS LLP1 year

Service code 10 · EIN 91-0189318

999 THIRD AVE · SEATTLE, WA 98104

Accounting

$31,520

ONEDIGITAL INVESTMENT ADVISORS LLC1 year

Filed as: ONEDIGITAL INVESTMENT ADVISORS

Service code 28 · EIN 43-1451524

11101 SWITZER RD · OVERLAND PARK, KS 66210

Investment Management

$29,167

BASHAS' EMPLOYEES DEFINED BENEFIT PENSION PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BASHAS' EMPLOYEES DEFINED BENEFIT PENSION PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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