Retirement plan

JIM BEAM BRANDS COMPANY UNION 401(K) PLAN

Name: JIM BEAM BRANDS CO. - JIM BEAM BRANDS COMPANY UNION 401(K) PLAN (2022) Form 5500
Creator: JIM BEAM BRANDS CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JIM BEAM BRANDS COMPANY UNION 401(K) PLAN, JIM BEAM BRANDS CO.

JIM BEAM BRANDS CO.EIN 13-2581196Plan #006PY 2022

222 W MERCHANDISE MART PLAZA, SUITE 1600 - CHICAGO, IL 60654312-964-6999LinkedIn1-10 employees

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$41.4M

-12.2% from 2021

Total participants

770

+12.4% from 2021

Average account balance

$57,600

-22.9% from 2021

Annual return

-18.72%

-33.56 pp from 2021

Benchmarks

See 736 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort736 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$57.50M

Not enough data

1 years with asset history on file

Average account balance

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

$85K

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.

676

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

$5.01M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+14.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20

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 4 by compensation

Provider	Service type	Compensation
GRANT THORNTON LLP8+ years Service code 10 · EIN 36-6055558	Accounting	$25,896
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELTY INVESTMENTS INSTITUTIONAL Service code 37 · EIN 04-2647786	Loan Processing	$12,543
DELOITTE & TOUCHE LLP1 year Filed as: DELOITTE TAX LLP Service code 27 · EIN 86-1065772	Advisory (Plan)	$5,041
FIDELITY INVESTMENTS INSTITUTIONAL1 year Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$43K

$61 / participant

Other / not subdivided$43K100.0%

% of EOY assets

0.105%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GRANT THORNTON LLP
Auditor EIN: 366055558
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$57,600

$56,503+1.9%

$69,884-17.6%

$64,819-11.1%

Participation rate

92.8%

70.5%+22.3pp

71.5%+21.3pp

Annual return

-18.72%

-13.44%-5.3pp

190.81%-209.5pp

32.84%-51.6pp

Employer contribution / active EE

$2,569

$2,046+25.6%

$2,560+0.4%

$2,507+2.5%

Participant deferral / active EE

$4,268

$3,389+25.9%

$3,848+10.9%

$4,311-1.0%

Admin fee / account holder

$61

$160-62.2%

$6,266-99.0%

$188-67.8%

Provider

Service type

Compensation

GRANT THORNTON LLP8+ years

Service code 10 · EIN 36-6055558

Accounting

$25,896

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELTY INVESTMENTS INSTITUTIONAL

Service code 37 · EIN 04-2647786

Loan Processing

$12,543

DELOITTE & TOUCHE LLP1 year

Filed as: DELOITTE TAX LLP

Service code 27 · EIN 86-1065772

Advisory (Plan)

$5,041

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Service code 60

Sub-TA Fees

JIM BEAM BRANDS COMPANY UNION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JIM BEAM BRANDS COMPANY UNION 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