Retirement plan

BROOK & WHITTLE LIMITED SECTION 401(K) PROFIT SHARING PLAN

Name: BROOK & WHITTLE LIMITED - BROOK & WHITTLE LIMITED SECTION 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: BROOK & WHITTLE LIMITED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BROOK & WHITTLE LIMITED SECTION 401(K) PROFIT SHARING PLAN, BROOK & WHITTLE LIMITED

BROOK & WHITTLE LIMITEDEIN 06-1452909Plan #001PY 2020

20 CARTER DRIVE - GUILFORD, CT 06437203-483-5602brookandwhittle.comLinkedIn1001-5000 employeesprinting

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$31.4M

+289.1% from 2019

Total participants

843

+143.6% from 2019

Average account balance

$46,657

+1.3% from 2019

Annual return

279.81%

+269.41 pp from 2019

Benchmarks

See 1,160 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,160 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$91.91M

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

1,959

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.

92.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.00M

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

+49.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$166

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
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850	Indirect Investment Fees	$132,711
AURORA PRIVATE WEALTH INC1 year Filed as: AURORA PRIVATE WEALTH, INC. Service code 27 · EIN 47-4814591	Advisory (Plan)	$51,575
ADP BROKER-DEALER2 years Filed as: PENSION CONSULTANTS, INC. Service code 13 · EIN 06-1504963	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2F2G2J2T

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.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$184K

$237 / participant

Contract admin$184K100.0%

% of EOY assets

0.588%

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: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$46,657

$85,135-45.2%

$98,920-52.8%

$73,412-36.4%

Participation rate

78.0%

81.1%-3.1pp

76.0%+2.0pp

72.2%+5.8pp

Annual return

279.81%

19.14%+260.7pp

196.47%+83.3pp

59.30%+220.5pp

Employer contribution / active EE

$906

$2,721-66.7%

$2,689-66.3%

$2,234-59.4%

Participant deferral / active EE

$2,357

$4,349-45.8%

$4,245-44.5%

$3,806-38.1%

Admin fee / account holder

$274

$139+97.0%

$6,643-95.9%

$158+73.7%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$132,711

AURORA PRIVATE WEALTH INC1 year

Filed as: AURORA PRIVATE WEALTH, INC.

Service code 27 · EIN 47-4814591

Advisory (Plan)

$51,575

ADP BROKER-DEALER2 years

Filed as: PENSION CONSULTANTS, INC.

Service code 13 · EIN 06-1504963

Contract Administrator

BROOK & WHITTLE LIMITED SECTION 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BROOK & WHITTLE LIMITED SECTION 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