Retirement plan

BELLAVANCE BEVERAGE CO., LLC PROFIT SHARING PLAN

Name: BELLAVANCE BEVERAGE CO., LLC - BELLAVANCE BEVERAGE CO., LLC PROFIT SHARING PLAN (2020) 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 2020

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$21.9M

+15.2% from 2019

Total participants

187

-4.1% from 2019

Average account balance

$117,269

+20.1% from 2019

Annual return

12.91%

-6.34 pp from 2019

Benchmarks

See 2,271 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,271 peers

Snapshot2020

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 3 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS3 years Service code 15 · EIN 13-3689044	Recordkeeping	$48,985
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY GLOBAL BANKING OP Service code 27 · EIN 26-4610632	Advisory (Plan)	$30,000
COMPASS 360, LLC3 years Filed as: COMPASS RETIREMENT CONSULTING GROUP Service code 15 · EIN 20-4795685 118 PORTSMOUTH AVE, STE A2 · STRATHAM, NH 03885	Recordkeeping	$5,514

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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$81K

$708 / participant

Investment mgmt$81K100.0%

% of EOY assets

0.371%

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

$117,269

$81,474+43.9%

$133,971-12.5%

$73,493+59.6%

Participation rate

100.0%

76.4%+23.6pp

79.8%+20.2pp

70.7%+29.3pp

Annual return

12.91%

19.40%-6.5pp

45.09%-32.2pp

28.51%-15.6pp

Employer contribution / active EE

$5,055

$2,209+128.8%

$3,919+29.0%

$2,270+122.7%

Participant deferral / active EE

$1,957

$3,786-48.3%

$5,047-61.2%

$3,740-47.7%

Admin fee / account holder

$435

$713-39.0%

$8,929-95.1%

$513-15.2%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS3 years

Service code 15 · EIN 13-3689044

Recordkeeping

$48,985

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY GLOBAL BANKING OP

Service code 27 · EIN 26-4610632

Advisory (Plan)

$30,000

COMPASS 360, LLC3 years

Filed as: COMPASS RETIREMENT CONSULTING GROUP

Service code 15 · EIN 20-4795685

118 PORTSMOUTH AVE, STE A2 · STRATHAM, NH 03885

Recordkeeping

$5,514

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