Retirement plan

BLUE RIDGE CAPITAL HOLDINGS MANAGEMENT CO., INC. 401(K)

Name: BLUE RIDGE CAPITAL HOLDINGS MANAGEMENT CO., INC. - BLUE RIDGE CAPITAL HOLDINGS MANAGEMENT CO., INC. 401(K) (2024) Form 5500
Creator: BLUE RIDGE CAPITAL HOLDINGS MANAGEMENT CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BLUE RIDGE CAPITAL HOLDINGS MANAGEMENT CO., INC. 401(K), BLUE RIDGE CAPITAL HOLDINGS MANAGEMENT CO., INC.

BLUE RIDGE CAPITAL HOLDINGS MANAGEMENT CO., INC.EIN 03-0576690Plan #002PY 2024

300 NORTH GREENE STREET, SUITE 2100 - GREENSBORO, NC 27401336-275-7002

Prospect flagsHigh feesLow participationLow employer contribution

How to read this page

Total assets (EOY)

$3.8M

-8.0% from 2023

Total participants

150

+0.7% from 2023

Average account balance

$31,237

+3.3% from 2023

Annual return

11.11%

-4.54 pp from 2023

Benchmarks

See 8,993 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort8,993 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.84M

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

123

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.

65.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$258K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+11.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$333

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
FORVIS, LLP1 year Filed as: FORVIS MAZARS, LLP Service code 10 · EIN 44-0160560	Accounting	$14,669
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786	Loan Processing	$13,770
MMA SECURITIES LLC2 years Filed as: MMA SECURITIES Service code 27 · EIN 22-3570392	Advisory (Plan)	$11,508

Plan features & details

Pension benefit codes2T3H2S2E2F2G2J2K3D

Plan features

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$41K

$518 / participant

Recordkeeping$14K33.6%
Investment mgmt$12K28.1%
Other / not subdivided$16K38.3%

% of EOY assets

1.066%

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: FORVIS MAZARS, LLP
Auditor EIN: 440160560
Audit fees: $14,669
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,237

$101,795-69.3%

$165,100-81.1%

$80,959-61.4%

Participation rate

65.8%

71.8%-6.0pp

78.6%-12.8pp

67.7%-1.8pp

Annual return

11.11%

16.73%-5.6pp

70.21%-59.1pp

35.67%-24.6pp

Employer contribution / active EE

$757

$2,954-74.4%

$4,348-82.6%

$2,757-72.6%

Participant deferral / active EE

$2,507

$4,476-44.0%

$6,035-58.5%

$4,300-41.7%

Admin fee / account holder

$333

$8,221-95.9%

$12,696-97.4%

$6,925-95.2%

Provider

Service type

Compensation

FORVIS, LLP1 year

Filed as: FORVIS MAZARS, LLP

Service code 10 · EIN 44-0160560

Accounting

$14,669

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 37 · EIN 04-2647786

Loan Processing

$13,770

MMA SECURITIES LLC2 years

Filed as: MMA SECURITIES

Service code 27 · EIN 22-3570392

Advisory (Plan)

$11,508

BLUE RIDGE CAPITAL HOLDINGS MANAGEMENT CO., INC. 401(K)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BLUE RIDGE CAPITAL HOLDINGS MANAGEMENT CO., INC. 401(K)

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