Retirement plan

BELLAVANCE BEVERAGE CO., LLC PROFIT SHARING PLAN

Name: BELLAVANCE BEVERAGE CO., LLC - BELLAVANCE BEVERAGE CO., LLC PROFIT SHARING PLAN (2024) Form 5500
Creator: BELLAVANCE BEVERAGE CO., LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BELLAVANCE BEVERAGE CO., LLC PROFIT SHARING PLAN, BELLAVANCE BEVERAGE CO., LLC

BELLAVANCE BEVERAGE CO., LLCEIN 02-0108350Plan #001PY 2024

46 PETTENGILL ROAD - LONDONDERRY, NH 03053603-882-9722bellavancebev.comLinkedIn51-200 employeesfood & beverages

Prospect flagsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$22.1M

+12.1% from 2023

Total participants

234

+4.9% from 2023

Average account balance

$99,880

+1.9% from 2023

Annual return

11.94%

-1.94 pp from 2023

Benchmarks

See 2,344 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,344 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.07M

Not enough data

1 years with asset history on file

Average account balance

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

$100K

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.

221

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.

91.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$722K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$359

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
TRANSAMERICA RETIREMENT SOLUTIONS7 years Service code 15 · EIN 13-3689044	Recordkeeping	$38,999
MORGAN STANLEY SMITH BARNEY5 years Filed as: MORGAN STANLEY GLOBAL BANKING OP Service code 27 · EIN 26-4610632	Advisory (Plan)	$30,000
COMPASS 360, LLC7 years Filed as: COMPASS RETIREMENT CONSULTING GROUP Service code 15 · EIN 20-4795685	Recordkeeping	$9,625
CARON & BLETZER, PLLC2 years Filed as: CARON & BLETZER PLLC Service code 10 · EIN 04-3027605	Accounting	$0

Plan features & details

Pension benefit codes2A2E2G2J3D

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.
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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$79K

$547 / participant

Investment mgmt$79K100.0%

% of EOY assets

0.359%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CARON + BLETZER, PLLC
Auditor EIN: 043499945
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$99,880

$88,203+13.2%

$165,100-39.5%

$74,478+34.1%

Participation rate

91.0%

73.1%+17.9pp

78.6%+12.4pp

67.2%+23.8pp

Annual return

11.94%

17.13%-5.2pp

70.21%-58.3pp

1370.56%-1358.6pp

Employer contribution / active EE

$2,429

$2,601-6.6%

$4,348-44.1%

$2,626-7.5%

Participant deferral / active EE

$2,549

$4,505-43.4%

$6,035-57.8%

$4,350-41.4%

Admin fee / account holder

$359

$2,235-84.0%

$12,696-97.2%

$1,946-81.6%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS7 years

Service code 15 · EIN 13-3689044

Recordkeeping

$38,999

MORGAN STANLEY SMITH BARNEY5 years

Filed as: MORGAN STANLEY GLOBAL BANKING OP

Service code 27 · EIN 26-4610632

Advisory (Plan)

$30,000

COMPASS 360, LLC7 years

Filed as: COMPASS RETIREMENT CONSULTING GROUP

Service code 15 · EIN 20-4795685

Recordkeeping

$9,625

CARON & BLETZER, PLLC2 years

Filed as: CARON & BLETZER PLLC

Service code 10 · EIN 04-3027605

Accounting

BELLAVANCE BEVERAGE CO., LLC PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BELLAVANCE BEVERAGE CO., LLC 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