Retirement plan

TAQUERIA LOS GALLOS EXPRESS 401(K) PLAN

Name: TAQUERIA LOS GALLOS EXPRESS 2, INC. - TAQUERIA LOS GALLOS EXPRESS 401(K) PLAN (2016) Form 5500
Creator: TAQUERIA LOS GALLOS EXPRESS 2, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TAQUERIA LOS GALLOS EXPRESS 401(K) PLAN, TAQUERIA LOS GALLOS EXPRESS 2, INC.

TAQUERIA LOS GALLOS EXPRESS 2, INC.EIN 90-0847856Plan #001PY 2016

3720 SAN MICHELE DR. - CONCORD, CA 94520925-383-0777taquerialosgallosexpress.comLinkedIn1-10 employeesrestaurants

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$202K

+109.9% from 2015

Total participants

+25.0% from 2015

Average account balance

$20,221

+25.9% from 2015

Annual return

38.72%

+46.43 pp from 2015

Benchmarks

See 6,181 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants<25

Cohort6,181 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.04M

Not enough data

1 years with asset history on file

Average account balance

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

$208K

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.

12.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$69K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+9.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3512

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

$73 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.651%

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

$20,221

$103,949-80.5%

$69,182-70.8%

$273,972-92.6%

Participation rate

44.4%

67.4%-22.9pp

55.1%-10.7pp

83.0%-38.6pp

Annual return

38.72%

35.28%+3.4pp

-21.93%+60.7pp

41.46%-2.7pp

Employer contribution / active EE

$1,009

$1,783-43.4%

$1,206-16.4%

$4,869-79.3%

Participant deferral / active EE

$2,808

$2,716+3.4%

$1,897+48.0%

$5,287-46.9%

Admin fee / account holder

$132

$3,671-96.4%

$2,697-95.1%

$10,133-98.7%

TAQUERIA LOS GALLOS EXPRESS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TAQUERIA LOS GALLOS EXPRESS 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