Retirement plan

BREN-TRONICS, INC. 401(K) PROFIT SHARING PLAN

Name: BREN-TRONICS, INC. - BREN-TRONICS, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: BREN-TRONICS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BREN-TRONICS, INC. 401(K) PROFIT SHARING PLAN, BREN-TRONICS, INC.

BREN-TRONICS, INC.EIN 11-2291886Plan #001PY 2016

10 BRAYTON CT - COMMACK, NY 117253104631-499-5155bren-tronics.comLinkedIn201-500 employeesconsumer goods

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$15.3M

+12.8% from 2015

Total participants

238

-5.2% from 2015

Average account balance

$65,125

+18.1% from 2015

Annual return

10.31%

+10.71 pp from 2015

Benchmarks

See 1,015 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,015 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.49M

Not enough data

1 years with asset history on file

Average account balance

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

$106K

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.

279

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.

94.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.69M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+12.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$270

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 5 by compensation

Provider	Service type	Compensation
CITIGROUP GLOBAL MARKETS INC2+ years Filed as: CITIGROUP LIFE AGENCY LLC Service code 49	Other Services	$19,685
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290	Contract Administrator	$8,354
HERITAGE PENSION ADVISORS, LLC2+ years Filed as: HERITAGE ADMINISTRATIVE SERVICES LL Service code 49	Other Services	$5,013
CITIGROUP GLOBAL MARKETS INC2+ years Filed as: CITIGROUP LIFE AGENCY, LLC Service code 49 · EIN 26-4399785	Other Services	$0
HERITAGE PENSION ADVISORS, LLC2+ years Filed as: HERITAGE ADMINISTRATIVE SERVICES, L Service code 49 · EIN 26-1662097	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$8K

$47 / participant

Contract admin$8K100.0%

% of EOY assets

0.055%

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: GIAMBALVO, STALZER & CO, CPAS, PC
Auditor EIN: 113425754
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$65,125

$44,425+46.6%

$67,834-4.0%

$55,167+18.1%

Participation rate

98.3%

59.7%+38.6pp

68.8%+29.5pp

69.0%+29.3pp

Annual return

10.31%

17.80%-7.5pp

138.47%-128.2pp

169.23%-158.9pp

Employer contribution / active EE

$2,429

$1,351+79.8%

$2,403+1.1%

$1,963+23.8%

Participant deferral / active EE

$2,951

$2,166+36.3%

$3,160-6.6%

$3,054-3.4%

Admin fee / account holder

$36

$530-93.3%

$4,622-99.2%

$504-92.9%

Provider

Service type

Compensation

CITIGROUP GLOBAL MARKETS INC2+ years

Filed as: CITIGROUP LIFE AGENCY LLC

Service code 49

Other Services

$19,685

PRINCIPAL LIFE INSURANCE COMPANY2+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$8,354

HERITAGE PENSION ADVISORS, LLC2+ years

Filed as: HERITAGE ADMINISTRATIVE SERVICES LL

Service code 49

Other Services

$5,013

CITIGROUP GLOBAL MARKETS INC2+ years

Filed as: CITIGROUP LIFE AGENCY, LLC

Service code 49 · EIN 26-4399785

Other Services

HERITAGE PENSION ADVISORS, LLC2+ years

Filed as: HERITAGE ADMINISTRATIVE SERVICES, L

Service code 49 · EIN 26-1662097

Other Services

BREN-TRONICS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BREN-TRONICS, INC. 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