Retirement plan

MC BRADY HOSPITALITY INC 401(K) PROFIT SHARING PLAN

Name: MC BRADY HOSPITALITY INC - MC BRADY HOSPITALITY INC 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: MC BRADY HOSPITALITY INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MC BRADY HOSPITALITY INC 401(K) PROFIT SHARING PLAN, MC BRADY HOSPITALITY INC

MC BRADY HOSPITALITY INCEIN 87-2882582Plan #001PY 2024

1290 ARSENAL STREET, SUITE 3 - WATERTOWN, NY 13601843-412-1258

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$162K

+183.3% from 2023

Total participants

0.0% from 2023

Average account balance

$9,013

+151.8% from 2023

Annual return

21.61%

-137.33 pp from 2023

Benchmarks

See 6,868 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants25-99

Cohort6,868 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$162K

Not enough data

1 years with asset history on file

Average account balance

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

$9K

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.

56.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$94K

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

+21.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$73

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 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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$1K

$41 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.814%

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

$9,013

$29,716-69.7%

$56,077-83.9%

$80,925-88.9%

Participation rate

37.5%

41.7%-4.2pp

52.5%-15.0pp

67.7%-30.2pp

Annual return

21.61%

35.30%-13.7pp

1709.28%-1687.7pp

35.65%-14.0pp

Employer contribution / active EE

$722

$671+7.5%

$1,040-30.6%

$2,756-73.8%

Participant deferral / active EE

$2,201

$1,228+79.2%

$1,954+12.7%

$4,299-48.8%

Admin fee / account holder

$73

$2,432-97.0%

$2,825-97.4%

$6,940-98.9%

MC BRADY HOSPITALITY INC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MC BRADY HOSPITALITY INC 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