Retirement plan

FRANK BRUNCKHORST COMPANY UNION 401(K) RETIREMENT SAVINGS PLAN

Name: FRANK BRUNCKHORST CO., LLC - FRANK BRUNCKHORST COMPANY UNION 401(K) RETIREMENT SAVINGS PLAN (2018) Form 5500
Creator: FRANK BRUNCKHORST CO., LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FRANK BRUNCKHORST COMPANY UNION 401(K) RETIREMENT SAVINGS PLAN, FRANK BRUNCKHORST CO., LLC

FRANK BRUNCKHORST CO., LLCEIN 11-0589012Plan #010PY 2018

24 ROCK STREET - BROOKLYN, NY 11206718-456-3600LinkedIn11-50 employeesfood production

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$3.1M

+4.1% from 2017

Total participants

213

+1.9% from 2017

Average account balance

$26,798

+3.2% from 2017

Annual return

-4.79%

-16.66 pp from 2017

Benchmarks

See 953 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort953 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.53M

Not enough data

1 years with asset history on file

Average account balance

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

$33K

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.

139

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.

71.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$505K

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

+14.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$279

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
GLOBAL RETIREMENT PARTNERS LLC2 years Filed as: GLOBAL RETIREMENT PARTNERS, LLC Service code 33 · EIN 47-1411118 4340 REDWOOD HWY · SAN RAFAEL, CA 94903	Securities brokerage	$10,993
TRITON SERVICES CORPORATION4+ years Service code 15 · EIN 11-3187413 10432 BALLS FORD ROAD STE 100 · MANASSAS, VA 20109	Recordkeeping	$9,414
NATIONWIDE4+ years Service code 15 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$3,147

Plan features & details

Pension benefit codes2F2G2J2T3D

Plan features

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$21K

$107 / participant

Contract admin$21K100.0%

% of EOY assets

0.682%

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: PRICEWATER
Auditor EIN: 134008324
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,798

$43,504-38.4%

$68,612-60.9%

$56,289-52.4%

Participation rate

52.0%

67.8%-15.8pp

72.2%-20.2pp

69.9%-17.9pp

Annual return

-4.79%

-3.15%-1.6pp

-4.63%-0.2pp

-9.96%+5.2pp

Employer contribution / active EE

$1,525-100.0%

$2,625-100.0%

$2,111-100.0%

Participant deferral / active EE

$1,635

$2,509-34.8%

$3,311-50.6%

$3,350-51.2%

Admin fee / account holder

$183

$515-64.5%

$5,131-96.4%

$521-64.9%

Provider

Service type

Compensation

GLOBAL RETIREMENT PARTNERS LLC2 years

Filed as: GLOBAL RETIREMENT PARTNERS, LLC

Service code 33 · EIN 47-1411118

4340 REDWOOD HWY · SAN RAFAEL, CA 94903

Securities brokerage

$10,993

TRITON SERVICES CORPORATION4+ years

Service code 15 · EIN 11-3187413

10432 BALLS FORD ROAD STE 100 · MANASSAS, VA 20109

Recordkeeping

$9,414

NATIONWIDE4+ years

Service code 15 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$3,147

FRANK BRUNCKHORST COMPANY UNION 401(K) RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FRANK BRUNCKHORST COMPANY UNION 401(K) RETIREMENT SAVINGS 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