Retirement plan

BRAN-AIR ELECTRICAL CONSTRCTORS, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: BRAN-AIR ELECTRICAL CONTRACTORS, INC. - BRAN-AIR ELECTRICAL CONSTRCTORS, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: BRAN-AIR ELECTRICAL CONTRACTORS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRAN-AIR ELECTRICAL CONSTRCTORS, INC. 401(K) PROFIT SHARING PLAN AND TRUST, BRAN-AIR ELECTRICAL CONTRACTORS, INC.

BRAN-AIR ELECTRICAL CONTRACTORS, INC.EIN 14-1582080Plan #001PY 2024

111 DICKSON STREET - NEWBURGH, NY 12550845-561-5111

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$326K

+12.8% from 2023

Total participants

-20.0% from 2023

Average account balance

$81,482

+12.8% from 2023

Annual return

11.05%

-2.66 pp from 2023

Benchmarks

See 54,915 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort54,915 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$326K

Not enough data

1 years with asset history on file

Average account balance

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

$81K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.05%

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

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 codes2J

Plan features

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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$78

$26 / participant

Other / not subdivided$78100.0%

% of EOY assets

0.024%

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

$81,482

$111,814-27.1%

$103,378-21.2%

$145,978-44.2%

Participation rate

100.0%

77.9%+22.1pp

74.5%+25.5pp

80.3%+19.7pp

Annual return

11.05%

24.80%-13.8pp

24.91%-13.9pp

550.52%-539.5pp

Employer contribution / active EE

$4,215-100.0%

$3,870-100.0%

$4,662-100.0%

Participant deferral / active EE

$1,733

$5,618-69.1%

$5,058-65.7%

$6,690-74.1%

Admin fee / account holder

$20

$9,764-99.8%

$8,401-99.8%

$13,400-99.9%

BRAN-AIR ELECTRICAL CONSTRCTORS, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRAN-AIR ELECTRICAL CONSTRCTORS, INC. 401(K) PROFIT SHARING PLAN AND TRUST

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