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 (2022) 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 2022

1819 MAIN STREET, SUITE 800 - SARASOTA, FL 34236718-456-3600LinkedIn11-50 employeesfood production

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$3.2M

-8.9% from 2021

Total participants

184

-3.2% from 2021

Average account balance

$25,622

-5.9% from 2021

Annual return

-13.23%

-26.41 pp from 2021

Benchmarks

See 936 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort936 peers

Snapshot2022

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
TRITON SERVICES CORPORATION8+ years Service code 15 · EIN 11-3187413 4114 LEGATO ROAD SUITE 300 · FAIRFAX, VA 22033	Recordkeeping	$12,848
GLOBAL RETIREMENT PARTNERS LLC6 years Filed as: GLOBAL RETIREMENT PARTNERS, LLC Service code 33 · EIN 47-1411118 4340 REDWOOD HWY · SAN RAFAEL, CA 94903	Securities brokerage	$10,951
NATIONWIDE8+ years Service code 15 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$1,943

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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$26K

$155 / participant

Contract admin$26K100.0%

% of EOY assets

0.804%

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: PRICEWATERHOUSECOOPERS, LLC
Auditor EIN: 134008324
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,622

$50,199-49.0%

$69,890-63.3%

$66,949-61.7%

Participation rate

64.5%

66.3%-1.9pp

70.5%-6.0pp

69.8%-5.4pp

Annual return

-13.23%

-13.85%+0.6pp

190.84%-204.1pp

1.57%-14.8pp

Employer contribution / active EE

$1,864-100.0%

$2,560-100.0%

$2,545-100.0%

Participant deferral / active EE

$2,278

$3,112-26.8%

$3,848-40.8%

$4,239-46.3%

Admin fee / account holder

$206

$600-65.7%

$6,267-96.7%

$594-65.3%

Provider

Service type

Compensation

TRITON SERVICES CORPORATION8+ years

Service code 15 · EIN 11-3187413

4114 LEGATO ROAD SUITE 300 · FAIRFAX, VA 22033

Recordkeeping

$12,848

GLOBAL RETIREMENT PARTNERS LLC6 years

Filed as: GLOBAL RETIREMENT PARTNERS, LLC

Service code 33 · EIN 47-1411118

4340 REDWOOD HWY · SAN RAFAEL, CA 94903

Securities brokerage

$10,951

NATIONWIDE8+ years

Service code 15 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$1,943

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