Retirement plan

G. A. BRAUN INCORPORATED 401(K) PLAN

Name: G. A. BRAUN INCORPORATED - G. A. BRAUN INCORPORATED 401(K) PLAN (2021) Form 5500
Creator: G. A. BRAUN INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, G. A. BRAUN INCORPORATED 401(K) PLAN, G. A. BRAUN INCORPORATED

G. A. BRAUN INCORPORATEDEIN 15-0508635Plan #001PY 2021

P.O. BOX 3029 - SYRACUSE, NY 13220315-475-3123

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$18.7M

+5.7% from 2020

Total participants

239

-3.6% from 2020

Average account balance

$92,179

+17.2% from 2020

Annual return

12.41%

-2.17 pp from 2020

Benchmarks

See 4,054 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,054 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.12M

Not enough data

1 years with asset history on file

Average account balance

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

$71K

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.

256

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.

88.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.53M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$61

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 3 by compensation

Provider	Service type	Compensation
DANNIBLE & MCKEE, LLP1 year Filed as: DANNIBLE & MCKEE LLP Service code 10 · EIN 33-0996661	Accounting	$16,705
FIDELITY INVESTMENTS INSTITUTIONAL7+ years Service code 37 · EIN 04-2647786	Loan Processing	$16,082
SAGEPOINT FINANCIAL INC1 year Filed as: RESOURCE INVESTMENT ADVISORS Service code 27 11101 SWITZER RD., SUITE 200 · OVERLAND PARK, KS 66210	Advisory (Plan)	$7,500

Plan features & details

Pension benefit codes3D2F2G2J2K2S3H2E

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

$44K

$219 / participant

Other / not subdivided$44K100.0%

% of EOY assets

0.235%

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: DANNIBLE & MCKEE, LLP
Auditor EIN: 330996661
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$92,179

$84,936+8.5%

$111,303-17.2%

$79,393+16.1%

Participation rate

82.1%

75.9%+6.2pp

77.3%+4.8pp

70.7%+11.4pp

Annual return

12.41%

17.45%-5.0pp

54.66%-42.3pp

116.87%-104.5pp

Employer contribution / active EE

$629

$1,979-68.2%

$2,731-77.0%

$2,428-74.1%

Participant deferral / active EE

$4,530

$3,888+16.5%

$4,487+1.0%

$4,046+12.0%

Admin fee / account holder

$216

$537-59.7%

$7,966-97.3%

$627-65.5%

Provider

Service type

Compensation

DANNIBLE & MCKEE, LLP1 year

Filed as: DANNIBLE & MCKEE LLP

Service code 10 · EIN 33-0996661

Accounting

$16,705

FIDELITY INVESTMENTS INSTITUTIONAL7+ years

Service code 37 · EIN 04-2647786

Loan Processing

$16,082

SAGEPOINT FINANCIAL INC1 year

Filed as: RESOURCE INVESTMENT ADVISORS

Service code 27

11101 SWITZER RD., SUITE 200 · OVERLAND PARK, KS 66210

Advisory (Plan)

$7,500

G. A. BRAUN INCORPORATED 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

G. A. BRAUN INCORPORATED 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