Retirement plan

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

Name: BREN-TRONICS, INC. - BREN-TRONICS, INC. 401(K) PROFIT SHARING PLAN (2017) 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 2017

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)

$18.3M

+19.3% from 2016

Total participants

229

-3.8% from 2016

Average account balance

$82,212

+26.2% from 2016

Annual return

16.71%

+6.40 pp from 2016

Benchmarks

See 1,029 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,029 peers

Snapshot2017

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 INC3+ years Filed as: CITIGROUP LIFE AGENCY LLC Service code 49	Other Services	$20,507
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290	Contract Administrator	$7,893
HERITAGE PENSION ADVISORS, LLC3+ years Filed as: HERITAGE ADMINISTRATIVE SERVICES LL Service code 49	Other Services	$5,755
CITIGROUP GLOBAL MARKETS INC3+ years Filed as: CITIGROUP LIFE AGENCY, LLC Service code 49 · EIN 26-4399785	Other Services	$0
HERITAGE PENSION ADVISORS, LLC3+ 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

$42 / participant

Contract admin$8K100.0%

% of EOY assets

0.043%

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

$82,212

$46,297+77.6%

$71,671+14.7%

$62,293+32.0%

Participation rate

96.3%

60.6%+35.7pp

68.7%+27.6pp

69.5%+26.8pp

Annual return

16.71%

22.32%-5.6pp

20.65%-3.9pp

28.90%-12.2pp

Employer contribution / active EE

$3,947

$1,412+179.6%

$2,460+60.5%

$2,042+93.3%

Participant deferral / active EE

$3,161

$2,235+41.4%

$3,438-8.1%

$3,169-0.3%

Admin fee / account holder

$36

$461-92.3%

$5,558-99.4%

$479-92.6%

Provider

Service type

Compensation

CITIGROUP GLOBAL MARKETS INC3+ years

Filed as: CITIGROUP LIFE AGENCY LLC

Service code 49

Other Services

$20,507

PRINCIPAL LIFE INSURANCE COMPANY3+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$7,893

HERITAGE PENSION ADVISORS, LLC3+ years

Filed as: HERITAGE ADMINISTRATIVE SERVICES LL

Service code 49

Other Services

$5,755

CITIGROUP GLOBAL MARKETS INC3+ years

Filed as: CITIGROUP LIFE AGENCY, LLC

Service code 49 · EIN 26-4399785

Other Services

HERITAGE PENSION ADVISORS, LLC3+ 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