Retirement plan

SUPER TAQUERIA RESTAURANT, INC. PROFIT SHARING PLAN

Name: SUPER TAQUERIA RESTAURANT, INC. - SUPER TAQUERIA RESTAURANT, INC. PROFIT SHARING PLAN (2020) Form 5500
Creator: SUPER TAQUERIA RESTAURANT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUPER TAQUERIA RESTAURANT, INC. PROFIT SHARING PLAN, SUPER TAQUERIA RESTAURANT, INC.

SUPER TAQUERIA RESTAURANT, INC.EIN 94-2783127Plan #002PY 2020

911 MCLAUGHLIN AVE - SAN JOSE, CA 95122408-288-9194LinkedIn51-200 employeesrestaurants

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$2.9M

+8.1% from 2019

Total participants

258

+11.2% from 2019

Average account balance

$13,523

-12.3% from 2019

Annual return

5.55%

+0.57 pp from 2019

Benchmarks

See 881 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort881 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.88M

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

145

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.

97.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$400K

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

+15.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$371

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
HANSON BRIDGETT LLP5+ years Filed as: HANSON MCCLAIN Service code 26 8775 FOLSOM BLVD, STE 100 · SACRAMENTO, CA 95826	Advisory (Participants)	$13,049
BUCKLEY PATCHEN4 years Service code 10 2890 NORTH MAIN STREET STE 200 · WALNUT CREEK, CA 94597	Accounting	$9,250
NEWPORT GROUP, INC.5+ years Service code 13 · EIN 27-2037969	Contract Administrator	$7,869

Plan features & details

Pension benefit codes2A2E2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$30K

$185 / participant

Investment mgmt$13K43.3%
Contract admin$8K26.1%
Other / not subdivided$9K30.7%

% of EOY assets

1.028%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BUCKLEY PATCHEN
Auditor EIN: 942302150
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$13,523

$35,986-62.4%

$77,513-82.6%

$73,493-81.6%

Participation rate

74.8%

40.8%+34.0pp

54.2%+20.7pp

70.7%+4.2pp

Annual return

5.55%

19.26%-13.7pp

54.81%-49.3pp

28.51%-23.0pp

Employer contribution / active EE

$1,227

$557+120.1%

$987+24.4%

$2,270-45.9%

Participant deferral / active EE

$1,198-100.0%

$1,861-100.0%

$3,740-100.0%

Admin fee / account holder

$139

$466-70.2%

$2,859-95.1%

$513-72.9%

Provider

Service type

Compensation

HANSON BRIDGETT LLP5+ years

Filed as: HANSON MCCLAIN

Service code 26

8775 FOLSOM BLVD, STE 100 · SACRAMENTO, CA 95826

Advisory (Participants)

$13,049

BUCKLEY PATCHEN4 years

Service code 10

2890 NORTH MAIN STREET STE 200 · WALNUT CREEK, CA 94597

Accounting

$9,250

NEWPORT GROUP, INC.5+ years

Service code 13 · EIN 27-2037969

Contract Administrator

$7,869

SUPER TAQUERIA RESTAURANT, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUPER TAQUERIA RESTAURANT, INC. 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