Retirement plan

BROWN BUILDERS SUPPLY CORP. 401(K) PLAN

Name: BROWN BUILDERS SUPPLY CORP. - BROWN BUILDERS SUPPLY CORP. 401(K) PLAN (2023) Form 5500
Creator: BROWN BUILDERS SUPPLY CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BROWN BUILDERS SUPPLY CORP. 401(K) PLAN, BROWN BUILDERS SUPPLY CORP.

BROWN BUILDERS SUPPLY CORP.EIN 11-2067486Plan #003PY 2023

1700 PLAZA AVENUE - NEW HYDE PARK, NY 11040516-488-2700brownbuilderssupply.comLinkedIn1-10 employeesbuilding materials

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$1.2M

+10.4% from 2022

Total participants

-16.7% from 2022

Average account balance

$289,442

+38.0% from 2022

Annual return

16.31%

+35.43 pp from 2022

Benchmarks

See 23,805 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort23,805 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.53M

Not enough data

1 years with asset history on file

Average account balance

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

$383K

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.

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.

80.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$82K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+15.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J3D

Plan features

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$123K

$24510 / participant

Other / not subdivided$123K100.0%

% of EOY assets

10.585%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$289,442

$154,209+87.7%

$130,062+122.5%

$139,487+107.5%

Participation rate

80.0%

82.0%-2.0pp

78.5%+1.5pp

80.3%-0.3pp

Annual return

16.31%

32.52%-16.2pp

-137.37%+153.7pp

373.84%-357.5pp

Employer contribution / active EE

$4,028

$5,292-23.9%

$4,322-6.8%

$4,755-15.3%

Participant deferral / active EE

$8,052

$6,709+20.0%

$5,821+38.3%

$6,713+20.0%

Admin fee / account holder

$30,638

$13,988+119.0%

$10,601+189.0%

$11,407+168.6%

BROWN BUILDERS SUPPLY CORP. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BROWN BUILDERS SUPPLY CORP. 401(K) 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