Retirement plan

SUN NOODLE H AND U, INC. SAFE HARBOR 401(K) PLAN & TRUST

Name: SUN NOODLE H AND U, INC. - SUN NOODLE H AND U, INC. SAFE HARBOR 401(K) PLAN & TRUST (2020) Form 5500
Creator: SUN NOODLE H AND U, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUN NOODLE H AND U, INC. SAFE HARBOR 401(K) PLAN & TRUST, SUN NOODLE H AND U, INC.

SUN NOODLE H AND U, INC.EIN 99-0207678Plan #001PY 2020

1933 COLBURN STREET - HONOLULU, HI 96819808-841-5808

Prospect flagsLow assets / participantLow employer contributionRecently reached 100 employees

How to read this page

Total assets (EOY)

$3.7M

+13.9% from 2019

Total participants

301

+15.8% from 2019

Average account balance

$12,248

-78.0% from 2019

Annual return

13.79%

+3.39 pp from 2019

Benchmarks

See 936 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort936 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.44M

Not enough data

1 years with asset history on file

Average account balance

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

$21K

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.

312

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.

96.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$837K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+9.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$191

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
RAYMOND JAMES FINANCIAL SERVICES1 year Filed as: RAYMOND JAMES FSA Service code 13 · EIN 59-2937883 880 CARILLON PARKWAY · ST. PETERSBURG, FL 33716	Contract Administrator	$12,891
LINCOLN NATIONAL CORPORATION4 years Service code 13 · EIN 35-1140070 1300 S CLINTON STREET · FORT WAYNE, IN 468012248	Contract Administrator	$5,192
STADION MONEY MANAGEMENT3 years Service code 26 · EIN 58-2099805 RAYMOND JAMES FINANCIAL SERVICES · ST PETERSBURG, FL 33743	Advisory (Participants)	$4,848

Plan features & details

Pension benefit codes2A2E2J2K2F2G3D

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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$44K

$282 / participant

Contract admin$35K78.6%
Other / not subdivided$10K21.4%

% of EOY assets

1.207%

all-in expense ratio

Categories reported

1 / 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: KML, LLP
Auditor EIN: 421539623
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$12,248

$54,590-77.6%

$81,716-85.0%

$73,493-83.3%

Participation rate

99.4%

68.3%+31.0pp

72.0%+27.4pp

70.7%+28.7pp

Annual return

13.79%

17.74%-3.9pp

29.49%-15.7pp

28.51%-14.7pp

Employer contribution / active EE

$1,636-99.9%

$4,310-99.9%

$2,270-99.9%

Participant deferral / active EE

$1,353

$2,759-50.9%

$7,108-81.0%

$3,740-63.8%

Admin fee / account holder

$148

$592-75.0%

$5,159-97.1%

$513-71.2%

Provider

Service type

Compensation

RAYMOND JAMES FINANCIAL SERVICES1 year

Filed as: RAYMOND JAMES FSA

Service code 13 · EIN 59-2937883

880 CARILLON PARKWAY · ST. PETERSBURG, FL 33716

Contract Administrator

$12,891

LINCOLN NATIONAL CORPORATION4 years

Service code 13 · EIN 35-1140070

1300 S CLINTON STREET · FORT WAYNE, IN 468012248

Contract Administrator

$5,192

STADION MONEY MANAGEMENT3 years

Service code 26 · EIN 58-2099805

RAYMOND JAMES FINANCIAL SERVICES · ST PETERSBURG, FL 33743

Advisory (Participants)

$4,848

SUN NOODLE H AND U, INC. SAFE HARBOR 401(K) PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUN NOODLE H AND U, INC. SAFE HARBOR 401(K) PLAN & TRUST

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