Retirement plan

MARKSTEIN BEVERAGE CO. 401(K) RETIREMENT PLAN

Name: MARKSTEIN SALES CO. - MARKSTEIN BEVERAGE CO. 401(K) RETIREMENT PLAN (2024) Form 5500
Creator: MARKSTEIN SALES CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MARKSTEIN BEVERAGE CO. 401(K) RETIREMENT PLAN, MARKSTEIN SALES CO.

MARKSTEIN SALES CO.EIN 94-1307057Plan #001PY 2024

1645 DRIVE IN WAY - ANTIOCH, CA 94509925-755-1919marksteinsalescompany.comLinkedIn51-200 employeeswholesale

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$12.1M

+10.0% from 2023

Total participants

214

-0.9% from 2023

Average account balance

$57,508

+12.6% from 2023

Annual return

11.77%

-11.08 pp from 2023

Benchmarks

See 2,352 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,352 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.13M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

211

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.

98.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.10M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$243

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 3 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS7 years Service code 15 · EIN 13-3689044	Recordkeeping	$51,289
ABD RETIREMENT SERVICES INC1 year Filed as: ABD RETIREMENT SERVICES Service code 22	Insurance Broker	$14,948
ABD RETIREMENT SERVICES INC7 years Filed as: ABD RETIREMENT SERVICES, INC. Service code 22 · EIN 27-0673528	Insurance Broker	$0

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$51K

$294 / participant

Recordkeeping$51K100.0%

% of EOY assets

0.423%

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: PENSION ASSURANCE LLP
Auditor EIN: 300840934
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$57,508

$88,087-34.7%

$164,866-65.1%

$74,546-22.9%

Participation rate

98.3%

73.1%+25.2pp

78.6%+19.7pp

67.2%+31.1pp

Annual return

11.77%

17.27%-5.5pp

69.97%-58.2pp

1366.03%-1354.3pp

Employer contribution / active EE

$1,443

$2,595-44.4%

$4,343-66.8%

$2,624-45.0%

Participant deferral / active EE

$4,816

$4,499+7.0%

$6,033-20.2%

$4,347+10.8%

Admin fee / account holder

$243

$2,232-89.1%

$12,689-98.1%

$1,944-87.5%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS7 years

Service code 15 · EIN 13-3689044

Recordkeeping

$51,289

ABD RETIREMENT SERVICES INC1 year

Filed as: ABD RETIREMENT SERVICES

Service code 22

Insurance Broker

$14,948

ABD RETIREMENT SERVICES INC7 years

Filed as: ABD RETIREMENT SERVICES, INC.

Service code 22 · EIN 27-0673528

Insurance Broker

MARKSTEIN BEVERAGE CO. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MARKSTEIN BEVERAGE CO. 401(K) RETIREMENT 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