Retirement plan

EAST BAY RESTAURANT SUPPLY, INC. 401(K) PROFIT SHARING PLAN

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

EAST BAY RESTAURANT SUPPLY, INC.EIN 94-1284745Plan #001PY 2024

49 4TH STREET - OAKLAND, CA 94607510-267-4702eastbayrestaurantsupply.comLinkedIn51-200 employeeswholesale

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$10.4M

+25.2% from 2023

Total participants

125

-3.8% from 2023

Average account balance

$82,882

+30.2% from 2023

Annual return

22.47%

+11.24 pp from 2023

Benchmarks

See 2,349 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,349 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.36M

Not enough data

1 years with asset history on file

Average account balance

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

$83K

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.

125

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$575K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+22.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$813

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

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC8 years Service code 27 315 DEADERICK STREET 5TH FLOOR · NASHVILLE, TN 37238	Advisory (Plan)	$31,720
TEMPLETON & COMPANY LLP1 year Service code 10 · EIN 84-0467907 8515 EAST ORCHARD 222 LAKEVIEW AVEN · WEST PALM BEACH, FL 33401	Accounting	$26,952
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$12,773
D. STOLLER1 year Filed as: THE STOLLER COMPANY, INC Service code 13 P.O. BOX 4489 · WALNUT CREEK, CA 94596	Contract Administrator	$5,036

Plan features & details

Pension benefit codes2E2J2K2F2G3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$102K

$813 / participant

Contract admin$102K100.0%

% of EOY assets

0.981%

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: TEMPLETON & COMPANY LLP
Auditor EIN: 141918990
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$82,882

$88,137-6.0%

$164,975-49.8%

$74,429+11.4%

Participation rate

100.0%

73.1%+26.9pp

78.6%+21.4pp

67.2%+32.8pp

Annual return

22.47%

17.13%+5.3pp

70.12%-47.7pp

1368.38%-1345.9pp

Employer contribution / active EE

$755

$2,597-70.9%

$4,343-82.6%

$2,625-71.2%

Participant deferral / active EE

$3,843

$4,501-14.6%

$6,033-36.3%

$4,348-11.6%

Admin fee / account holder

$813

$2,231-63.6%

$12,688-93.6%

$1,944-58.2%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC8 years

Service code 27

315 DEADERICK STREET 5TH FLOOR · NASHVILLE, TN 37238

Advisory (Plan)

$31,720

TEMPLETON & COMPANY LLP1 year

Service code 10 · EIN 84-0467907

8515 EAST ORCHARD 222 LAKEVIEW AVEN · WEST PALM BEACH, FL 33401

Accounting

$26,952

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INS CO OF AMERICA

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$12,773

D. STOLLER1 year

Filed as: THE STOLLER COMPANY, INC

Service code 13

P.O. BOX 4489 · WALNUT CREEK, CA 94596

Contract Administrator

$5,036

EAST BAY RESTAURANT SUPPLY, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EAST BAY RESTAURANT SUPPLY, 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