Retirement plan

GUAM FAST FOODS, INC. 401(K) PLAN

Name: GUAM FAST FOODS, INC. - GUAM FAST FOODS, INC. 401(K) PLAN (2022) Form 5500
Creator: GUAM FAST FOODS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GUAM FAST FOODS, INC. 401(K) PLAN, GUAM FAST FOODS, INC.

GUAM FAST FOODS, INC.EIN 98-0055181Plan #001PY 2022

232 CHALAN SAN ANTONIO - TAMUNING, GU 96913671-477-5266

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.1M

-13.4% from 2021

Total participants

107

-6.1% from 2021

Average account balance

$11,696

-0.9% from 2021

Annual return

-16.48%

-26.48 pp from 2021

Benchmarks

See 4,973 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants25-99

Cohort4,973 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.39M

Not enough data

1 years with asset history on file

Average account balance

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

$18K

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.

33.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$129K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$568

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

+13.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$951

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

Top 1 by compensation

Provider	Service type	Compensation
ASIS PACIFIC FINANCIAL GROUP1 year Service code 27 145 ASPINALL AVENUE · HAGATNA, GU 96910	Advisory (Plan)	$8,811

Plan features & details

Pension benefit codes2E2G2J2L3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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

$13K

$153 / participant

Investment mgmt$9K69.2%
Contract admin$4K30.8%

% of EOY assets

1.209%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ERNST & YOUNG LLP
Auditor EIN: 660526565
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$11,696

$27,632-57.7%

$61,452-81.0%

$68,486-82.9%

Participation rate

79.5%

39.5%+40.0pp

52.6%+26.9pp

67.9%+11.6pp

Annual return

-16.48%

-13.24%-3.2pp

338.96%-355.4pp

-7.85%-8.6pp

Employer contribution / active EE

$456

$696-34.5%

$1,160-60.7%

$2,597-82.5%

Participant deferral / active EE

$1,094

$1,264-13.4%

$2,125-48.5%

$4,028-72.8%

Admin fee / account holder

$141

$2,010-93.0%

$2,131-93.4%

$5,404-97.4%

Provider

Service type

Compensation

ASIS PACIFIC FINANCIAL GROUP1 year

Service code 27

145 ASPINALL AVENUE · HAGATNA, GU 96910

Advisory (Plan)

$8,811

GUAM FAST FOODS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GUAM FAST FOODS, 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