Retirement plan

HONOLULU COOKIE COMPANY 401(K) PROFIT SHARING PLAN

Name: K & S HAWAIIAN CREATIONS INCORPORATED DBA HONOLULU COOKIE CO - HONOLULU COOKIE COMPANY 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: K & S HAWAIIAN CREATIONS INCORPORATED DBA HONOLULU COOKIE CO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HONOLULU COOKIE COMPANY 401(K) PROFIT SHARING PLAN, K & S HAWAIIAN CREATIONS INCORPORATED DBA HONOLULU COOKIE CO

K & S HAWAIIAN CREATIONS INCORPORATED DBA HONOLULU COOKIE COEIN 99-0225843Plan #002PY 2018

255 SAND ISLAND ACCESS ROAD - HONOLULU, HI 96819808-845-1778

Prospect flagsLow assets / participantLow fidelity bondFailed to transmit contributions

How to read this page

Total assets (EOY)

$7.1M

+2.3% from 2017

Total participants

533

+1.7% from 2017

Average account balance

$13,228

+0.6% from 2017

Annual return

-6.17%

-22.02 pp from 2017

Benchmarks

See 705 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort705 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.33M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

315

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.65M

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

+13.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$17

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 4 by compensation

Provider	Service type	Compensation
HICKS PENSION SERVICES2 years Filed as: HICKS PENSION GROUP Service code 13 1218 WAIMANU STREET, 2ND FLOOR · HONOLULU, HI 96814	Contract Administrator	$14,942
MASSSACHUSETTS MUTUAL LIFE INSURANC1 year Filed as: MASSSACHUSETTS MUTUAL LIFE INS CO Service code 64 · EIN 04-1590850	Recordkeeping Fees	$6,651
MERRILL LYNCH PIERCE FENNER & SMITH1 year Filed as: MERRILL LYNCH PIERCE FENNER SMITH Service code 28 · EIN 13-5674085	Investment Management	$0
MESIROW FINANCIAL INVESTMENT MANAGE1 year Filed as: MESIROW FINANCIAL INVESTMENT MGMT Service code 49 · EIN 36-3429599	Other Services	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2T3D

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.
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

3 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$19K

$56 / participant

Contract admin$7K37.4%
Other / not subdivided$12K62.6%

% of EOY assets

0.267%

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: CW ASSOCIATES, CPAS
Auditor EIN: 261659234
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$13,228

$48,261-72.6%

$68,612-80.7%

$55,725-76.3%

Participation rate

100.0%

71.0%+29.0pp

72.2%+27.8pp

70.9%+29.1pp

Annual return

-6.17%

-2.61%-3.6pp

-4.63%-1.5pp

244.93%-251.1pp

Employer contribution / active EE

$2,238

$1,742+28.5%

$2,625-14.7%

$2,078+7.7%

Participant deferral / active EE

$1,969

$2,712-27.4%

$3,311-40.5%

$3,356-41.3%

Admin fee / account holder

$35

$126-72.0%

$5,131-99.3%

$115-69.3%

Provider

Service type

Compensation

HICKS PENSION SERVICES2 years

Filed as: HICKS PENSION GROUP

Service code 13

1218 WAIMANU STREET, 2ND FLOOR · HONOLULU, HI 96814

Contract Administrator

$14,942

MASSSACHUSETTS MUTUAL LIFE INSURANC1 year

Filed as: MASSSACHUSETTS MUTUAL LIFE INS CO

Service code 64 · EIN 04-1590850

Recordkeeping Fees

$6,651

MERRILL LYNCH PIERCE FENNER & SMITH1 year

Filed as: MERRILL LYNCH PIERCE FENNER SMITH

Service code 28 · EIN 13-5674085

Investment Management

MESIROW FINANCIAL INVESTMENT MANAGE1 year

Filed as: MESIROW FINANCIAL INVESTMENT MGMT

Service code 49 · EIN 36-3429599

Other Services

HONOLULU COOKIE COMPANY 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HONOLULU COOKIE COMPANY 401(K) 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