Retirement plan

BLUE RIDGE BREAD, INC. 401(K) PROFIT SHARING PLAN & TRUST

Name: BLUE RIDGE BREAD, INC. - BLUE RIDGE BREAD, INC. 401(K) PROFIT SHARING PLAN & TRUST (2021) Form 5500
Creator: BLUE RIDGE BREAD, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BLUE RIDGE BREAD, INC. 401(K) PROFIT SHARING PLAN & TRUST, BLUE RIDGE BREAD, INC.

BLUE RIDGE BREAD, INC.EIN 20-1753189Plan #001PY 2021

159 CROCKER PARK, BLVD., SUITE 290 - WESTLAKE, OH 441458132330-352-9500blueridgemediacompany.comLinkedIn11-50 employeesmarketing and advertising

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$2.6M

+19.1% from 2020

Total participants

190

-23.4% from 2020

Average account balance

$50,134

+48.9% from 2020

Annual return

13.70%

+1.45 pp from 2020

Benchmarks

See 903 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort903 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+3.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

Top 2 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY2 years Service code 13 · EIN 42-0127290	Contract Administrator	$9,536
HIGHLAND CONSULTING ASSOCIATES1 year Filed as: HIGHLAND CONSULTING Service code 13 · EIN 34-1753575	Contract Administrator	$5,676

Plan features & details

Pension benefit codes2E2F2G2J2T3C3D

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.
3C
Plan not intended to be qualified
A plan not intended to be qualified under Code sections 401 403 or 408.
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$15K

$86 / participant

Investment mgmt$6K37.3%
Contract admin$10K62.7%

% of EOY assets

0.584%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: THORNHILL FINANCIAL LLC
Auditor EIN: 341818419
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,134

$39,286+27.6%

$80,741-37.9%

$79,391-36.9%

Participation rate

22.0%

41.0%-18.9pp

54.2%-32.1pp

70.7%-48.7pp

Annual return

13.70%

98.95%-85.2pp

87.30%-73.6pp

116.88%-103.2pp

Employer contribution / active EE

$512

$594-13.8%

$1,160-55.9%

$2,428-78.9%

Participant deferral / active EE

$928

$1,264-26.5%

$2,145-56.7%

$4,046-77.1%

Admin fee / account holder

$293

$647-54.8%

$3,380-91.3%

$627-53.3%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY2 years

Service code 13 · EIN 42-0127290

Contract Administrator

$9,536

HIGHLAND CONSULTING ASSOCIATES1 year

Filed as: HIGHLAND CONSULTING

Service code 13 · EIN 34-1753575

Contract Administrator

$5,676

BLUE RIDGE BREAD, INC. 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BLUE RIDGE BREAD, INC. 401(K) PROFIT SHARING PLAN & 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