Retirement plan

ORSON AND BRUSINI LTD 401(K) PROFIT SHARING PLAN

Name: ORSON AND BRUSINI, LTD - ORSON AND BRUSINI LTD 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: ORSON AND BRUSINI, LTD
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ORSON AND BRUSINI LTD 401(K) PROFIT SHARING PLAN, ORSON AND BRUSINI, LTD

ORSON AND BRUSINI, LTDEIN 20-1907892Plan #001PY 2020

144 WAYLAND AVENUE - PROVIDENCE, RI 02906401-223-2100orsonandbrusini.comLinkedIn11-50 employeeslaw practice

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$3.4M

+22.0% from 2019

Total participants

+13.7% from 2019

Average account balance

$60,395

+0.6% from 2019

Annual return

8.62%

-9.00 pp from 2019

Benchmarks

See 26,418 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort26,418 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.00M

Not enough data

1 years with asset history on file

Average account balance

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

$97K

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.

248.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$449K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+10.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2988

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 codes2E2F2G2J3D

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.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$7K

$195 / participant

Other / not subdivided$7K100.0%

% of EOY assets

0.204%

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

$60,395

$98,776-38.9%

$149,745-59.7%

$79,856-24.4%

Participation rate

97.2%

75.8%+21.4pp

82.5%+14.7pp

69.6%+27.6pp

Annual return

8.62%

27.38%-18.8pp

276.72%-268.1pp

31.71%-23.1pp

Employer contribution / active EE

$2,970

$3,217-7.7%

$4,646-36.1%

$2,471+20.2%

Participant deferral / active EE

$7,549

$5,681+32.9%

$6,843+10.3%

$3,741+101.8%

Admin fee / account holder

$123

$6,053-98.0%

$9,312-98.7%

$5,306-97.7%

ORSON AND BRUSINI LTD 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ORSON AND BRUSINI LTD 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