Retirement plan

SFO FORECAST, INC. 401(K) PLAN

Name: SFO FORECAST, INC. - SFO FORECAST, INC. 401(K) PLAN (2021) Form 5500
Creator: SFO FORECAST, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SFO FORECAST, INC. 401(K) PLAN, SFO FORECAST, INC.

SFO FORECAST, INC.EIN 94-3059401Plan #002PY 2021

496 JEFFERSON STREET - SAN FRANCISCO, CA 94109415-771-5200sfoportco.comLinkedIn201-500 employeesretail

Prospect flagsLow participationLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$5.3M

+19.2% from 2020

Total participants

251

+8.2% from 2020

Average account balance

$28,098

+9.1% from 2020

Annual return

12.71%

-1.87 pp from 2020

Benchmarks

See 452 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort452 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.41M

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

137

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.

37.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$708K

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

+11.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$363

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
NATIONWIDE7+ years Service code 13 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Contract Administrator	$49,423
CETERA ADVISOR NETWORKS LLC7+ years Filed as: CETERA RETIREMENT PLAN SPECIALISTS Service code 13 · EIN 94-3324288 PO BOX 303 · ST.CLOUD, MN 56302	Contract Administrator	$475
SECURITIES AMERICA INC7+ years Service code 13 12325 PORT GRACE BLVD · LAVISTA, NE 68128	Contract Administrator	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2K3D

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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

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: BREGANTE & CO, LLP
Auditor EIN: 942861940
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,098

$60,488-53.5%

$109,907-74.4%

$79,391-64.6%

Participation rate

59.9%

67.0%-7.2pp

74.2%-14.4pp

70.7%-10.8pp

Annual return

12.71%

189.57%-176.9pp

29.46%-16.8pp

116.88%-104.2pp

Employer contribution / active EE

$778

$1,649-52.8%

$2,844-72.6%

$2,428-68.0%

Participant deferral / active EE

$1,355

$3,220-57.9%

$4,047-66.5%

$4,046-66.5%

Admin fee / account holder

$605-100.0%

$6,069-100.0%

$627-100.0%

Provider

Service type

Compensation

NATIONWIDE7+ years

Service code 13 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Contract Administrator

$49,423

CETERA ADVISOR NETWORKS LLC7+ years

Filed as: CETERA RETIREMENT PLAN SPECIALISTS

Service code 13 · EIN 94-3324288

PO BOX 303 · ST.CLOUD, MN 56302

Contract Administrator

$475

SECURITIES AMERICA INC7+ years

Service code 13

12325 PORT GRACE BLVD · LAVISTA, NE 68128

Contract Administrator

SFO FORECAST, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SFO FORECAST, INC. 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