Retirement plan

PIEDMONT GROCERY COMPANY UNION OFFICE STAFF 401(K) PLAN

Name: PIEDMONT GROCERY COMPANY - PIEDMONT GROCERY COMPANY UNION OFFICE STAFF 401(K) PLAN (2023) Form 5500
Creator: PIEDMONT GROCERY COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PIEDMONT GROCERY COMPANY UNION OFFICE STAFF 401(K) PLAN, PIEDMONT GROCERY COMPANY

PIEDMONT GROCERY COMPANYEIN 94-0769790Plan #002PY 2023

4038 PIEDMONT AVENUE - OAKLAND, CA 94611510-653-8181piedmontgrocery.comLinkedIn51-200 employeesretail

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$208K

+67.9% from 2022

Total participants

0.0% from 2022

Average account balance

$208,232

+67.9% from 2022

Annual return

36.55%

+69.62 pp from 2022

Benchmarks

See 22,148 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort22,148 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$275K

Not enough data

1 years with asset history on file

Average account balance

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

$275K

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.

33.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$40K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+13.05%

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

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 codes2G2J2R3D

Plan features

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

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

$208,232

$102,696+102.8%

$86,235+141.5%

$139,487+49.3%

Participation rate

33.3%

74.5%-41.2pp

69.0%-35.6pp

80.3%-47.0pp

Annual return

36.55%

1925.91%-1889.4pp

1170.03%-1133.5pp

373.84%-337.3pp

Employer contribution / active EE

$2,972

$3,034-2.1%

$2,381+24.8%

$4,755-37.5%

Participant deferral / active EE

$10,000

$4,679+113.7%

$3,987+150.8%

$6,713+49.0%

Admin fee / account holder

$8,667-100.0%

$6,856-100.0%

$11,407-100.0%

PIEDMONT GROCERY COMPANY UNION OFFICE STAFF 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

PIEDMONT GROCERY COMPANY UNION OFFICE STAFF 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